Turn-Key Restaurant & Microbrewery
For Sale
$1,400,000
414 E 6th St, Loveland, CO 80537
Downtown Loveland turn-key restaurant and microbrewery for sale.
Property Size4,100 SF
Lot Size0.16 Acres
Days on Market266
Property Features for 414 E 6th St
General Information
Standard status
Active
Size
4,100 SF
Lot size
0.16 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$18,659
Building Details
Building Size
4,100 SF
Year Built
1963
Listing Agency:
Group Centerra
(970) 663-0700
Listed By:
Geoff Frahm
(970) 663-0700
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 8
Last Checked: Aug 21 at 8:41AM
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 Group Centerra
Investment Insights
Based on property information with market context.
This turn-key restaurant and microbrewery is located in Downtown Loveland, offering a blend of character, comfort, and functionality. The interior features a full bar with 10 taps and private booth seating, providing ample room to create a dining atmosphere. The property also includes a spacious outdoor patio with shade and a fire pit. A fully equipped kitchen and an on-site microbrewery featuring three 7-barrel fermenters are present. The property is located steps from Fourth Street, offering energy and visibility. This property is suitable for restaurant, retail, brewery, and industrial purposes.
Key Highlights
- Turn‑key restaurant and microbrewery in downtown Loveland.
- Fully equipped kitchen and on‑site microbrewery with three 7‑barrel fermenters.**
- Prime location steps from Fourth Street with high visibility.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$44,160
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$883,200
$883.2K
Cap Rate 7%
$630,857
$630.9K
Cap Rate 9%
$490,667
$490.7K
Market Conditions
NOI Build-Up for 4,100 SF
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.
Gross rent
$60.6K $14.79/SF
− Vacancy
−$1.8K −$0.43/SF
EGI
$58.9K $14.36/SF
− OpEx
−$14.7K −$3.59/SF
NOI
$44.2K $10.77/SF
Area
Larimer County, CO
Vacancy
2.90%
Lease Rate
$14.79 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$883,200
Cap Rate 7%
$630,857
Cap Rate 9%
$490,667
Alternative Uses
Best Use
Specialty Retail
$630.9K
$552.0K – $736.0K
NOI $44,160 @ 7.0% cap · market cap 3.15%
Second Best
Industrial
$519.4K
$454.5K – $606.0K
NOI $36,357 @ 7.0% cap · market cap 2.60%
Theoretical Best
Office A
$1.10M
$962.9K – $1.28M
NOI $77,035 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,802
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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?
Restaurant - Downtown Loveland turn-key restaurant and microbrewery for sale.
Where is this restaurant located?
The property is located at 414 E 6th St Loveland, CO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Turn‑key restaurant and microbrewery in downtown Loveland.; Fully equipped kitchen and on‑site microbrewery with three 7‑barrel fermenters.**; Prime location steps from Fourth Street with high visibility.**
