CO > Loveland > Ballard Place
Loveland, CO 80537,116 S Lincoln Ave
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Loveland, CO 80537,116 S Lincoln Ave
Loveland, CO 80537,116 S Lincoln Ave
Loveland, CO 80537,116 S Lincoln Ave
Loveland, CO 80537,116 S Lincoln Ave
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Kenneth Lavertu

Kenneth Lavertu

+1(970) 663-7070
$ 640,000
Est. payment /mo
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Active

116 S Lincoln Ave Loveland, CO 80537

4 Beds

4 Baths

3,583 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,583 sqft

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

Information and Real Estate Services (IRES)
Listed by David D'Ambrosio • Colorado Commercial, Ltd • 9709883872
Kenneth Lavertu

Kenneth Lavertu

Broker | License ID: 040007454

+1(970) 663-7070

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116 S Lincoln Ave