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840 N Lincoln Ave

Loveland, CO 80537
  • $908,175
  • STATUS: Closed
  • ON SITE: 660 Days
  • MLS #: 982380
Sold - 12/21/2023
$908,175
SOLD - 12/21/2023
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1903
County:

School Ratings & Info

Description

Improved Cap Rate!! New long term lease in place on Unit 101. This investment offering provides reduced risk to investors with multiple tenant types in a great location. Situated on Lincoln Avenue the property provides premium exposure for the commercial tenants on the main level and easy access for the residential units on the upper level. A full parking lot with new lighting is located on the east side of the building. Having undergone a full renovation in 2014, and thoughtfully maintained since.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-12-14T10:41:27.977.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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840 N Lincoln Ave Loveland, CO 80537

  • Price: $974,431
  • Status: Closed
  • On Site: 660 Days
  • Updated: 37 min ago
  • MLS #: 982380
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1903
Built
Neighborhood:
Orchard Park
County:
Larimer
Area:
08 Loveland/Berthoud area
Property Description
Improved Cap Rate!! New long term lease in place on Unit 101. This investment offering provides reduced risk to investors with multiple tenant types in a great location. Situated on Lincoln Avenue the property provides premium exposure for the commercial tenants on the main level and easy access for the residential units on the upper level. A full parking lot with new lighting is located on the east side of the building. Having undergone a full renovation in 2014, and thoughtfully maintained since.
Exterior Features

Construction Materials Wood/Frame Horse YN No Roof Other Waterfront YN No

Interior Features

Building Area Total 4286 Cooling Multi Units Cooling YN Yes Heating Hot Water Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Other Commerical Cap Rate 6.49 Ditches Active YN No Exclusions Tenant's personal and business property Gross Income 88903 Has Improvements No Has Water Rights No Listing Sub Status None Locale Loveland Net Operating Income 63338 New Construction YN No Operating Expense 25565 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Senior Community YN No Special Listing Conditions Private Owner Tax Annual Amount 11017 Tax Year 2022 Tenant Pays Electricity Water Source City WaterCity of Loveland Zoning B

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Julie Norris of RE/MAX Comm. Alliance-FTC Dwtn: 9702157016.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2024-12-14T10:41:27.977.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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