For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Loveland Commercial Building Title is generated by Realmo AI

    418 E 3rd St, Loveland, CO 80537

    View on Map
    Claim this Listing
    For Sale
    $699,000

    2,928 SF commercial building in downtown Loveland for sale.

    Property size:
    2,928 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $238/SF
    Added:
    Mar 10, 2025
    Days on Market:
    467
    Last Refresh:
    Jan 20 at 10:35 am

    Property Features for 418 E 3rd St

    General Information

    Standard status
    Active
    Size
    2,928 SF
    Lot size
    0.16 Acres

    We can help!

    Listing Contact
    Denise Baca
    Denise Baca

    Listing agent Denise Baca

    Listing office Your Castle Real Estate Inc

    Listing date Mar 10, 2025

    Source Exprealty

    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 Your Castle Real Estate Inc

    HighLights

    • Prime downtown Loveland location with high visibility and foot traffic.
    • Flexible DT (Downtown) zoning allows for retail, restaurant, office, or mixed‑use.
    • Spacious 2,928 square foot layout.
    • 400 amp electrical service.
    • Paved parking available in front.
    • Alley access for deliveries.

    Overview

    Located in downtown Loveland, Northern Colorado, this commercial building offers 2,928 square feet of space. The property benefits from high visibility and foot traffic. Its layout accommodates retail, restaurant, office, or mixed-use purposes. The property is situated among local businesses and provides access to major roads. It features flexible DT (Downtown) zoning and 400 amp, 120/208 volt, 3-phase power. Paved parking is available in front, and alley access in the back facilitates deliveries and exports for large vehicles.

    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 $59.4k $20.28
    − Vacancy −$4.0k −$1.38
    EGI $55.3k $18.90
    − OpEx −$13.8k −$4.73
    NOI $41.5k $14.18
    2,928 SF · lease $20.28/SF/yr · vacancy 6.80% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $593.0K
    $518.8K – $691.8K (±1% cap)
    NOI $41,507 @ 7.0% cap · market cap 5.94%
    Second Best
    Specialty Retail
    $450.5K
    $394.2K – $525.6K (±1% cap)
    NOI $31,537 @ 7.0% cap · market cap 4.51%
    Theoretical Best
    Office A
    $785.9K
    $687.7K – $916.9K (±1% cap)
    NOI $55,015 @ 7.0% cap · market cap 7.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Daycare Center Building Supply 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
    -105.082
    Latitude
    40.3943

    FAQs

    What type of property is this?
    Retail space - 2,928 SF commercial building in downtown Loveland for sale.
    Where is this retail space located?
    The property is located at 418 E 3rd St Loveland, CO.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Prime downtown Loveland location with high visibility and foot traffic.; Flexible DT (Downtown) zoning allows for retail, restaurant, office, or mixed‑use.; Spacious 2,928 square foot layout.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message