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    Loveland Commercial Space For Sale Title is generated by Realmo AI

    1656 Topaz, Loveland, CO 80537

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    For Sale
    $690,000

    Two-story commercial space suitable for fitness, office, or service businesses.

    Type:Commercial
    Property size:
    2,804 SF
    Price / SF:
    $246/SF
    Added:
    Apr 24, 2026
    Days on Market:
    56
    Last Refresh:
    Apr 24 at 4:26 pm

    Property Features for 1656 Topaz

    General Information

    Standard status
    Active
    Size
    2,804 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2000

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    Listing Contact
    Brian Smerud
    Brian Smerud

    Listing agent Brian Smerud License #FA100042149

    Listing office Waypoint Real Estate

    Listing date Apr 24, 2026

    Source Elliman

    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 Waypoint Real Estate

    HighLights

    • Turnkey 2,804 SF commercial space suitable for fitness, wellness, office, or service businesses.
    • Located in central Loveland with high traffic counts (~41,888 VPD) and strong business visibility.
    • Flexible layout featuring a large open area, private office, storage, kitchenette, two restrooms, and shower.
    • Lighted building signage available.
    • Available for purchase ($690,000) or lease ($19.00/SF NNN).
    • Built in 2000.

    Overview

    This 2,804 square foot two-story commercial space offers a flexible layout suitable for fitness, wellness, office, or service-oriented businesses. The turnkey buildout includes a large open area, a private office, storage space, a kitchenette, two restrooms, and a shower. Lighted building signage is available, providing strong business visibility. The property is situated in the central Loveland commercial corridor near Boise Avenue, benefiting from approximately 41,888 vehicles per day traffic counts.

    Local 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 $56.9k $20.28
    − Vacancy −$3.9k −$1.38
    EGI $53.0k $18.90
    − OpEx −$13.2k −$4.73
    NOI $39.7k $14.18
    2,804 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $567.8K
    $496.9K – $662.5K (±1% cap)
    NOI $39,749 @ 7.0% cap · market cap 5.76%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $752.6K
    $658.6K – $878.1K (±1% cap)
    NOI $52,685 @ 7.0% cap · market cap 7.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    NoCo Fitness Loveland Gym & Fitness Center

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Loveland
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0526886
    Latitude
    40.4063577

    FAQs

    What type of property is this?
    Office units - Two-story commercial space suitable for fitness, office, or service businesses.
    Where is this office units located?
    The property is located at 1656 Topaz Loveland, CO.
    What is the asking price?
    The asking price for this property is $690,000.
    What are key features of this property?
    This property features: Turnkey 2,804 SF commercial space suitable for fitness, wellness, office, or service businesses.; Located in central Loveland with high traffic counts (~41,888 VPD) and strong business visibility.; Flexible layout featuring a large open area, private office, storage, kitchenette, two restrooms, and shower.
    More about this property
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