Downtown Loveland Commercial
For Sale
$560,000
Pending
418 E 3rd St, Loveland, CO 80537
2,928 SF commercial building in downtown Loveland for sale.
Property Size2,928 SF
Lot Size0.16 Acres
Days on Market514
Property Features for 418 E 3rd St
General Information
Standard status
Pending
Size
2,928 SF
Lot size
0.16 Acres
Listing Agency:
Your Castle Real Estate Inc
(303) 775-0511
Listed By:
Denise Baca
(303) 775-0511
Source:
Exprealty
Added: Mar 10, 2025
Changed: Jul 6
Last Checked: Jul 31 at 3:51PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
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
NOI $41,507 @ 7.0% cap · market cap 7.41%
Second Best
Specialty Retail
$450.5K
$394.2K – $525.6K
NOI $31,537 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$785.9K
$687.7K – $916.9K
NOI $55,015 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,671
Businesses Nearby
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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 $560,000.
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.
