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$ 640,000
Est. payment | /mo
3,583 SqFt
$ 640,000
Est. payment | /mo
3,583 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,583 sqft
Price per Sqft $178
Subdivision Ballard Place
MLS Listing ID IR1046597
HOA Y/N No
Year Built 1950
Annual Tax Amount $4,863
Tax Year 2024
Lot Size 9,900 Sqft
Acres 0.23
Property Sub-Type Quadruplex
Source recolorado
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, dine-in movie theater, 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. Recent capital improvements include a new roof, and a new parking lot and drive aisles.
Location
State CO
County Larimer
Zoning DT
Rooms
Basement None
Interior
Heating Forced Air
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available
Total Parking Spaces 11
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Winona
Middle Schools Other
High Schools Mountain View
School District Thompson R2-J
Others
Ownership Individual
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Colorado Commercial, Ltd
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