Remodeled Retail
For Sale
$2,100,000
1601 N Lincoln Ave #1601-1609, Loveland, CO 80538
Three suites, generous on-site parking, and showroom-oriented storefront features support a range of retail configurations.
Property Size12,150 SF
Lot Size1.05 Acres
Price / SF$172.84
Days on Market522
Property Features for 1601 N Lincoln Ave #1601-1609
General Information
Standard status
Active
Size
12,150 SF
Lot size
1.05 Acres
Property subtype
Commercial
Zoning
B
Taxes and HOA fees
Annual Taxes
$49,782
Amenities
large windows
overhead doors
Building Details
Building Size
12,150 SF
Year Built
1945
Year Renovated
2019
Buildings
1
Construction
Stucco and stone storefront
Tenancy
Multi
Listing Agency:
LC Real Estate Group, LLC
(970) 667-7000
Listed By:
Jerico Devlin · License #100054831
(970) 413-1182
Source:
Blackfeatherrealty
Added: Jun 1, 2025
Changed: Nov 4
Last Checked: Nov 4 at 2:25AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The retail property contains 12,060 SF across three suites on 1.05 acres comprising three parcels. Its stucco-and-stone exterior includes large storefront windows and north-side overhead doors. The building dates to 1945 and underwent a full remodel in 2019. An end-cap suite measuring 5,280 RSF is available under NNN lease terms; the property is zoned B.
Parking is situated on both the north and south sides of the property. The site is within an Enterprise Zone and is eligible for business tax credits and incentives.
Parking is situated on both the north and south sides of the property. The site is within an Enterprise Zone and is eligible for business tax credits and incentives.
Key Highlights
- 12,060 SF across three suites
- 5,280 RSF end‑cap suite available
- 1.05 acres across three parcels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,306
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,126,120
$2.1M
Cap Rate 7%
$1,518,657
$1.5M
Cap Rate 9%
$1,181,178
$1.2M
Market Conditions
NOI Build-Up for 12,150 SF
Gross rent
$163.3K $13.44/SF
− Vacancy
−$11.4K −$0.94/SF
EGI
$151.9K $12.50/SF
− OpEx
−$45.6K −$3.75/SF
NOI
$106.3K $8.75/SF
Area
Larimer County, CO
Vacancy
7.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,126,120
Cap Rate 7%
$1,518,657
Cap Rate 9%
$1,181,178
Alternative Uses
Best Use
Retail
$1.52M
$1.33M – $1.77M
NOI $106,306 @ 7.0% cap · market cap 5.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M
NOI $228,288 @ 7.0% cap · market cap 10.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 80538, CO
49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Three suites, generous on-site parking, and showroom-oriented storefront features support a range of retail configurations.
Where is this retail space located?
The property is located at 1601 N Lincoln Ave #1601-1609 Loveland, CO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 12,060 SF across three suites; 5,280 RSF end‑cap suite available; 1.05 acres across three parcels
