Property summary
This exceptional 3,856 square foot commercial property, located at 6844 N Franklin Ave in Loveland, Colorado, presents a unique investment opportunity. Situated on a 0.24-acre lot within the desirable Pedersen Commercial Complex in North Loveland, this property combines the best of both worlds: finished office space and expansive warehouse capabilities. The finished front portion (approximately 2,356 sq ft) boasts two private offices, a welcoming entry/reception area, a convenient kitchenette, a half bathroom, and ample storage. The rear of the building offers a substantial unfinished warehouse space, ideal for various uses, featuring a 10x12 overhead door and gas heaters. A significant advantage is the inclusion of 16 120v outlets and four separate 3-phase power outlets, catering to diverse operational needs. Adding to the property's versatility is a 906 square foot unfinished mezzanine level, overlooking the warehouse floor. This space presents significant potential for additional office space or storage, enhanced by two west-facing windows. The property is currently listed at $595,000. Comparable properties in the area command lease rates of $13 to $15 per square foot, indicating strong rental potential for this well-located and adaptable commercial space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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