116 S Lincoln Avenue, Loveland, CO 80537

$603,975

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Courtesy of Colorado Commercial, Ltd . 9709883872

List Price
$603,975
Status
ACTIVE
Days on Market
317
Price Change
▼ $36,025 1787785134
MLS#
IR1046597
Year Built
1950
Lot Size
9,900
Acres
0.23
Subdivision
Ballard Place
Neighborhood
Ballard Place

Property Description

116 S Lincoln Avenue is a fully leased, 4-unit mixed-use property consisting of a 1,917 SF restaurant building and a three-unit multi-family dwelling situated on a 0.23 acre lot located near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown, Loveland, Colorado.The property sits in close proximity to new and exciting development in Downtown Loveland, including The Foundry Plaza - a mixed-use development spanning three blocks consisting of apartments, restaurants, a salon, hotel, and a central plaza for community entertainment.The flexible DT - Downtown zoning offers a myriad of potential uses including retail, office, residential, and general commercial. The restaurant building features a type II hood, walk-in cooler, three-compartment sink, and a small grease trap at the three-compartment sink. Recent capital improvements include a newer roof, parking lot, and drive aisles.

Additional Information

Taxes
$6,720
Zoning
DT
Heating
Forced Air
Levels
One
School District
Thompson R2-J
Elementary School
Winona
Middle School
Other
High School
Mountain View

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