Standalone Retail-Flex
For Sale
$500,000
137 S Ave 137 Lincoln Ave 137, Loveland, CO 80537
Standalone retail-flex building with showroom space and a 10' overhead door for service or light production use.
Property Size2,640 SF
Price / SF$189.39
Days on Market82
Property Features for 137 S Ave 137 Lincoln Ave 137
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Retail
Additional Details
Fenced Yard
Yes
Drive-In Doors
1
Building Details
Year Built
1949
Listing Agency:
LC Real Estate Group, LLC
(970) 667-7000
Listed By:
Nathan Klein · License #40037632
(970) 667-7000
Source:
Xome
Added: May 16
Changed: Jul 10
Last Checked: Jul 16 at 5:33AM
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 LC Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This standalone retail-flex building is designed with an open floor plan that includes built-out service offices. A portion of the space functions as retail showroom, and the property also supports service or light production with a 10' overhead door. The rear area is fenced for secure vehicle parking or material storage, with a recycled asphalt base.
The building provides direct visibility from Lincoln Ave (Highway 287), just south of 1st Street. Public remarks also note the Foundry retail, hotel, and movie theater development in the immediate downtown Loveland area, along with nearby dining and retail amenities within walking distance.
The layout and site features make this property practical for a range of small businesses that need both customer-facing space and functional back-of-house utility. It may fit boutique retail, service office operations, small automotive uses, flex/production concepts, or other service-oriented businesses. The property will be sold in its as-is, where-is condition, and any interested buyer should plan accordingly for due diligence and improvements.
The building provides direct visibility from Lincoln Ave (Highway 287), just south of 1st Street. Public remarks also note the Foundry retail, hotel, and movie theater development in the immediate downtown Loveland area, along with nearby dining and retail amenities within walking distance.
The layout and site features make this property practical for a range of small businesses that need both customer-facing space and functional back-of-house utility. It may fit boutique retail, service office operations, small automotive uses, flex/production concepts, or other service-oriented businesses. The property will be sold in its as-is, where-is condition, and any interested buyer should plan accordingly for due diligence and improvements.
Key Highlights
- Standalone retail‑flex building with retail showroom and flex work space
- 10' overhead door for service or light production use
- Open floor plan with service offices that can be removed for more open showroom or work space
Financial Insights For Office B
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 | $53.5k | $20.28 |
| − Vacancy | −$3.6k | −$1.38 |
| EGI | $49.9k | $18.90 |
| − OpEx | −$12.5k | −$4.73 |
| NOI | $37.4k | $14.18 |
2,640 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$534.6K
$467.8K – $623.7K
NOI $37,424 @ 7.0% cap · market cap 7.48%
Second Best
Industrial
$334.4K
$292.6K – $390.2K
NOI $23,411 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$708.6K
$620.0K – $826.7K
NOI $49,603 @ 7.0% cap · market cap 9.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Balanced
Demand for This Use
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 Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Taste Catering — 526 Grant Ave, Loveland, CO 80537
- Foothills Catering — 167 S Madison Ave, Loveland, CO 80537
- Wildflower Catering Company — 2415 Selenium Court, 167 S Madison Ave, Loveland, CO 80537
- Catering Co at the Palladium — 126 W 6th St, Loveland, CO 80537
- Gus' Commissary Kitchen — 167 S Madison Ave, Loveland, CO 80537
Frequently Asked Questions
What type of property is this?
Flex space - Standalone retail-flex building with showroom space and a 10' overhead door for service or light production use.
Where is this flex space located?
The property is located at 137 S Ave 137 Lincoln Ave 137 Loveland, CO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Standalone retail‑flex building with retail showroom and flex work space; 10' overhead door for service or light production use; Open floor plan with service offices that can be removed for more open showroom or work space
