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Loveland, CO 80537 116 S Lincoln Ave

116 S Lincoln Ave Loveland, CO - Image 1116 S Lincoln Ave Loveland, CO - Image 2116 S Lincoln Ave Loveland, CO - Image 3
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116 S Lincoln Ave Loveland, CO - Image 4
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  • MLS# 1046597
  • 10/30/2025
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    Home Details

    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.
    Presented By: ;

    Interior Features for 116 S Lincoln Ave

    Bedrooms

    Total Bedrooms4

    Bathrooms

    Total Baths4

    Other Interior Features

    LivingAreaSourceAssessor
    BasementNone

    General for 116 S Lincoln Ave

    AppliancesNo Units Furnished
    AttributionContact9709883872
    Cap Rate7.75
    CityLoveland
    Construction MaterialsFrame, Brick
    CountyLarimer
    DisclosuresSeller's Property Disclosure
    Elementary SchoolWinona
    Expected Active Date 2025-10-30
    Gross Income69399.62
    HOANo
    HeatingForced Air
    High SchoolMountain View
    High School DistrictThompson R2-J
    LevelsOne
    MLS AreaLoveland/Berthoud
    Middle/Junior High SchoolBill Reed
    Net Operating Income49571.62
    New ConstructionNo
    Number Of Units Total4
    Operating Expense19828
    Parcel NumberR0416096
    Property TypeResidential Income
    RoofFlat
    SewerPublic Sewer
    Standard StatusActive
    StatusActive
    Subdivision NameBallard Place
    Tax Annual Amount4863
    Tax Year2024
    Tenant PaysDeposit, Gas, Electricity, Water, Sewer
    UtilitiesNatural Gas Available, Electricity Available
    Year Built1950
    ZoningDT

    Exterior for 116 S Lincoln Ave

    Irrigation Water Rights Y/NNo
    Lot Size Acres0.23
    Lot Size Area9900
    Total Parking11
    Water SourceCity
    Waterfront Y/NNo

    Additional Details

    Price History

    Schools

    Elementary School Winona Elementary School
    High School Mountain View High School
    Middle School Bill Reed Middle School

    Nathan Washam

    Broker/Owner
    Price $640,000
    MLS#1046597
    List Date 10/30/2025
    Property Type Income
    Phone 970.988.8295
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