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$850,000
116 S Lincoln Ave, Loveland, CO, 80537
3,583
Square Feet
This 1971 sq ft commercial building is in a prime location near the corner of 287 and 1st St. It was used as a restaurant (Three Amigos Cantina) - which is also available for purchase) and comes 1612 sq ft income generating quadplex on the backside of the property. The restaurant is currently rented out on a 3 year lease generating $2800 p/mo. 3 units currently rented out in the quadplex for $800, $650, $1065 and the 4th unit is being used as storage. There is a new roof as of 2024. The property is Zoned BE.
Offered By
Thomas Glanville 9708897688, Keller Williams-Preferred Rlty
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Income Property
Square Feet
3,583
MLS #
1036963
Flooring
Ceramic Tile
Heating
Forced Air
Cooling
Refrigeration/HVAC
Utility Features
Natural Gas Available, Electricity Available
SEWER
City Sewer
WATER SOURCE
City Water, City of Loveland
Year Built
2012
Basement
None
Roof
Composition
Parking Features
Paved
Lot Features
Curbs, Sidewalks
CITY
Loveland
SUBDIVISION
Ballard Place
COUNTY
Larimer
AREA
Loveland/Berthoud
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
4863.0
LATEST UPDATE
2025-06-30T15:58:03.230Z
DAYS ON MARKET
14
PRICE CHANGE(S)
$850,000 Jun 17, 2025
CUMULATIVE DAYS ON MARKET
14
Property Details
Property Type
Residential Income
Status
Active
Property Sub Type
Income Property
Square Feet
3,583
MLS #
1036963
New Properties On Market
93
50%
Increase In New Listings
Average Asking Price
$662,724
$65,591 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$262
$25 Increase In List Price/Sq. Ft.
Average Days On Market
8
22 Day
Decrease In Days On Market
Data as of Jul 05, 2025.
Remaining statistics above are calculated on activity within the period from May 01, 2025 to Jun 30, 2025.
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Information deemed reliable but not guaranteed by the MLS.
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Property data was last updated on 6/30/2025 at 3:16 pm