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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
Presented By: ;
  • MLS# 1046597
  • 10/30/2025
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  • Beds • 4
  • Baths • 4
  • SQFT • 3,583

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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