116 S Lincoln Ave, Loveland, CO 80537
- $640,000
- List Price
- $640,000
- Status
- ACTIVE
- MLS#
- 1046597
- Year Built
- 1950
- Region
- Loveland/Berthoud
- Subdivision
- Ballard Place
Property Description
116 S Lincoln Avenue is a fully leased, 4-unit mixed-use property consisting of a 1,917 SF restaurant building and a three-unit multi-family dwelling situated on a 0.23 acre lot located near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown, Loveland, Colorado. The property sits in close proximity to new and exciting development in Downtown Loveland, including The Foundry Plaza - a mixed-use development spanning three blocks consisting of apartments, restaurants, a salon, hotel, dine-in movie theater, and a central plaza for community entertainment.The flexible DT - Downtown zoning offers a myriad of potential uses including retail, office, residential, and general commercial. The restaurant building features a type II hood, walk-in cooler, three-compartment sink, and a small grease trap. Recent capital improvements include a new roof, and a new parking lot and drive aisles.
Additional Information
- Taxes
- $4,863
- School District
- Thompson R2-J
- Elementary School
- Winona
- Middle School
- Bill Reed
- High School
- Mountain View
- Heating
- Forced Air
- Utilities
- Natural Gas Available, Electricity Available
- Zoning
- DT
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Listing courtesy of David D'Ambrosio.
9709883872
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