116 S Lincoln Ave new Save Request In-Person Tour Request Virtual Tour
Loveland,CO 80537
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Subdivision Ballard Place
MLS Listing ID 1046597
Style Ranch
Bedrooms 4
HOA Y/N false
Year Built 1950
Annual Tax Amount $4,863
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Income Property
Source IRES MLS
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.
Location
State CO
County Larimer
Area Loveland/Berthoud
Zoning DT
Rooms
Basement None
Interior
Heating Forced Air
Exterior
Utilities Available Natural Gas Available,Electricity Available
Roof Type Flat
Building
Story 1
Sewer City Sewer
Water City Water,City of Loveland
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Winona
Middle Schools Bill Reed
High Schools Mountain View
School District Thompson R2-J
Others
Senior Community false
Tax ID R0416096
SqFt Source Assessor
Special Listing Condition Private Owner