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Professional Office Building Investment Opportunity

2802 Madison Square Loveland, CO 80538

Claim this Listing
For Sale
$1,375,000

Stabilized office building in high-demand Loveland commercial corridor.

Type:Commercial
Property size:
5,802 SF
Price / SF:
$236/SF
Added:
Apr 15, 2026
Days on Market:
88
Last Refresh:
Jul 2 at 7:39 pm

Property Features for 2802 Madison Square

General Information

Standard status
Active
Size
5,802 SF
Property subtype
Commercial

Building Details

Year Built
1991

Listing office Kittle Real Estate

Listing date Apr 15, 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 Kittle Real Estate


Investment Insights

Based on property information with market context.

Located at 2802 Madison Square Drive in Loveland, CO, this professional office building presents a prime investment opportunity. The property has a total area of 5,802 square feet. The building is fully occupied by two established companies across three units, providing immediate cash flow. The current leases have three years remaining, offering short-term security in a high-demand commercial corridor.

Key Highlights

  • Fully occupied professional office building providing immediate and reliable cash flow.
  • Stabilized, low‑maintenance asset in a high‑demand commercial corridor of Loveland, CO.
  • Three years remaining on current leases, offering short‑term security.

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 $117.7k $20.28
− Vacancy −$8.0k −$1.38
EGI $109.7k $18.90
− OpEx −$27.4k −$4.73
NOI $82.2k $14.18
5,802 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.17M
$1.03M – $1.37M (±1% cap)
NOI $82,248 @ 7.0% cap · market cap 5.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M (±1% cap)
NOI $109,014 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Preferred Home Health Home Health Care Service Mueller Pye & Associates ... Business Management Consultant

Suggested Use

Parking Lot & Garage Furniture & Home Goods HVAC Service Carpet & Flooring Store Locksmith Grocery & Convenience Store Food Market Computer & Electronic Repair Tech Support Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Office building - Stabilized office building in high-demand Loveland commercial corridor.
Where is this office building located?
The property is located at 2802 Madison Square Loveland, CO.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Fully occupied professional office building providing immediate and reliable cash flow.; Stabilized, low‑maintenance asset in a high‑demand commercial corridor of Loveland, CO.; Three years remaining on current leases, offering short‑term security.
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