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Mixed-Use Property with Restaurant
New
For Lease
$15 SF/Yr

116 S Lincoln Ave, Loveland, CO 80537

Restaurant facilities and three apartments share a downtown site with DT zoning and recent exterior improvements.

Space Size1,971 SF
Property Size3,583 SF
Lot Size0.23 Acres
Days on Market4

Property Features for 116 S Lincoln Ave

General Information

Standard status Active
Size 1,971 SF
Net Rentable 1,971 SF
Lot size 0.23 Acres
Property subtype Commercial
Zoning DT

Space & Availability

Available Space 1,971 SF
Contiguous Space 1,971 SF
Space Use Restaurant

Restaurant

Hood Type Type II
Commercial Hood Yes
Grease Trap Yes
Equipment Included Yes
Second-Generation Restaurant Yes
Walk-In Cooler/Freezer Yes

Taxes and HOA fees

Annual Taxes $2.00

Building Details

Building Size 3,583 SF
Year Built 1950
Tenancy Single
Listing Agency: Colorado Commercial, Ltd
Listed By: David D'Ambrosio · License #100086290
Source: Elliman
Added: Oct 24 Changed: Oct 26 Last Checked: Oct 26 at 6:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colorado Commercial, Ltd

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property combines a 1,971 SF restaurant building with a three-unit multifamily dwelling on a 0.23-acre lot. The restaurant includes a type II hood, walk-in cooler, three-compartment sink, and a small grease trap. Recent work includes a newer roof, parking lot, and drive aisles.

The property is near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown Loveland, close to The Foundry Plaza, a three-block development with apartments, restaurants, a salon, a hotel, and a community plaza. DT - Downtown zoning allows retail, office, residential, and general commercial uses.

Key Highlights

  • 1,971 SF restaurant building with a type II hood, walk‑in cooler, three‑compartment sink, and small grease trap
  • Three‑unit multifamily dwelling on the same property
  • 0.23‑acre lot with DT - Downtown zoning

Property Analytics

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Current Use

Antonios Burritos - Mexican ... Restaurant 2 Amigos Cocina Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Butcher Tanning Salon Grocery & Convenience Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,635
Businesses Nearby

Demographics for 80537, CO

43,603
Population
20,314
Households
2.1
Avg Household Size
44
Median Age
37%
College-Educated
95%
High-School Grad
122.4 sq mi
ZIP Area
356
Density / Sq Mi
$83,746
Median Household Income
$44,448
Median Earnings
$1,630
Median Rent
$460,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant facilities and three apartments share a downtown site with DT zoning and recent exterior improvements.
Where is this mixed-use property located?
The property is located at 116 S Lincoln Ave Loveland, CO.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 1,971 SF restaurant building with a type II hood, walk‑in cooler, three‑compartment sink, and small grease trap; Three‑unit multifamily dwelling on the same property; 0.23‑acre lot with DT - Downtown zoning
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