Downtown Loveland Commercial
For Sale
$560,000
Pending
418 E 3rd St, Loveland, CO 80537
2,928 SF commercial building in downtown Loveland, Colorado.
Property Size2,928 SF
Lot Size0.16 Acres
Days on Market149
Property Features for 418 E 3rd St
General Information
Standard status
Pending
Size
2,928 SF
Lot size
0.16 Acres
Property subtype
Industrial
Taxes and HOA fees
Annual Taxes
$11,570
Building Details
Building Size
2,928 SF
Year Built
1973
Listing Agency:
Madison Commercial Properties LLC
(303) 596-7525
Listed By:
Jeffery Walsh · License #100071582
(303) 596-7525
Source:
Elliman
Added: Mar 10
Changed: Jul 10
Last Checked: Jul 10 at 3:48PM
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 Madison Commercial Properties LLC
Investment Insights
Based on property information with market context.
This 2,928 square foot commercial building is located in downtown Loveland, Northern Colorado, offering exceptional visibility and high foot traffic. The property's layout makes it suitable for retail, restaurant, office, or mixed-use purposes. It benefits from flexible DT (Down Town) Zoning, 400a/120-208v 3p power, paved parking out front, and alley access in back for large vehicle delivery and export. The building is surrounded by local businesses and has easy access to major roads, making it an investment opportunity in a rapidly growing area.
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 layout.
Financial Insights For 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 | $39.4k | $13.44 |
| − Vacancy | −$2.8k | −$0.94 |
| EGI | $36.6k | $12.50 |
| − OpEx | −$11.0k | −$3.75 |
| NOI | $25.6k | $8.75 |
2,928 SF · lease $13.44/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$366.0K
$320.2K – $427.0K
NOI $25,618 @ 7.0% cap · market cap 4.57%
Second Best
Mixed Use
$331.2K
$289.8K – $386.4K
NOI $23,183 @ 7.0% cap · market cap 4.14%
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?
Mixed-use property - 2,928 SF commercial building in downtown Loveland, Colorado.
Where is this mixed-use property located?
The property is located at 418 E 3rd St 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 layout.
