Downtown Loveland Commercial
For Sale
$560,000
Pending
418 E 3rd Street, Loveland, CO 80537
2,928 SF commercial building in downtown Loveland, Northern Colorado.
Property Size2,928 SF
Lot Size0.16 Acres
Days on Market514
Property Features for 418 E 3rd Street
General Information
Standard status
Pending
Size
2,928 SF
Lot size
0.16 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,570
Amenities
Asphalt
Phase 3
Building Details
Year Built
1973
Listing Agency:
YOUR CASTLE REAL ESTATE INC
(303) 962-4272
Listed By:
DENISE BACA
Source:
Corcoran
Added: Mar 10, 2025
Changed: Jul 10
Last Checked: Jul 10 at 3:47PM
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 YOUR CASTLE REAL ESTATE INC
Investment Insights
Based on property information with market context.
This 2,928 square foot commercial building is located in downtown Loveland, Northern Colorado. The property benefits from exceptional visibility and high foot traffic. The layout is suitable for retail, restaurant, office, or mixed-use purposes. It is surrounded by local businesses and has easy access to major roads. The property has flexible DT (Down Town) Zoning, 400 amp power at 120-208V 3-Phase, and paved parking out front. There is alley access in the back for large vehicle delivery and export.
Key Highlights
- Prime downtown Loveland location with exceptional visibility and high foot traffic.
- Flexible DT (Downtown) zoning allows for retail, restaurant, office, or mixed‑use purposes.
- Spacious 2,928 square foot commercial building.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.3k | $14.79 |
| − Vacancy | −$1.3k | −$0.43 |
| EGI | $42.0k | $14.36 |
| − OpEx | −$10.5k | −$3.59 |
| NOI | $31.5k | $10.77 |
2,928 SF · lease $14.79/SF/yr · vacancy 2.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$450.5K
$394.2K – $525.6K
NOI $31,537 @ 7.0% cap · market cap 5.63%
Second Best
Retail
$366.0K
$320.2K – $427.0K
NOI $25,618 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$785.9K
$687.7K – $916.9K
NOI $55,015 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,671
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - 2,928 SF commercial building in downtown Loveland, Northern Colorado.
Where is this retail space located?
The property is located at 418 E 3rd Street Loveland, CO.
What is the asking price?
The asking price for this property is $560,000.
What are key features of this property?
This property features: Prime downtown Loveland location with exceptional visibility and high foot traffic.; Flexible DT (Downtown) zoning allows for retail, restaurant, office, or mixed‑use purposes.; Spacious 2,928 square foot commercial building.
