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    116 S Lincoln Ave Loveland, CO 80537

    For Sale
    $640,000

    Fully leased mixed-use property with restaurant and multi-family units.

    Lot size:
    0.23 Acres

    Property Features for 116 S Lincoln Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1950

    Source: Colorado Commercial, Ltd Agent David D'Ambrosio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Downtown Loveland

    116 S Lincoln Avenue is a fully leased, 4-unit mixed-use property. It consists of a 1,917 square foot restaurant building and a three-unit multi-family dwelling, situated on a 0.23 acre lot. The property is located near the southeast corner of East 1st Street and South Lincoln Avenue in Downtown Loveland, Colorado. It is in close proximity to new development in Downtown Loveland, including The Foundry Plaza, a mixed-use development spanning three blocks. The Foundry Plaza consists of apartments, restaurants, a salon, a hotel, a 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 Intelligence

    Current Use by Public Records

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

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Daycare Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.07288
    Latitude
    40.3924212

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use property with restaurant and multi-family units.
    Where is this mixed-use property located?
    The property is located at 116 S Lincoln Ave Loveland, CO.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: - Fully leased, 4-unit mixed-use property providing immediate income.; - Prime Downtown Loveland location near The Foundry Plaza development.; - Flexible DT - Downtown zoning allows for diverse usage options (retail, office, residential, commercial).
    (970) 988-3872
    Request Owner's contact information
    116 S Lincoln Ave Loveland, CO 80537
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    Loveland, CO 80537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    116 S Lincoln Ave Loveland, CO 80537
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