116 S Lincoln Ave

Loveland, CO 80537
$640,000
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 inRead MoreRead Less
Courtesy of David D'Ambrosio, Colorado Commercial, Ltd, 9709883872.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Income Property
Lot Size
0.23 Acres
Year Built
1950
MLS Number
1046597
30 Days Snapshot Of 80537
$579k
-2%
(avg) sold price
46
-13%
homes sold
72
+44%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Basement: "None"
Building
3583 total sqft, Has Improvements: No, Architectural Style: "Ranch", Construction Materials: "Wood/Frame", "Brick/Brick Veneer", Levels: "One", Stories: 1, Year Built: 1950
Expenses
Operating Expense: $19,828
Water Features
Has Water Rights: No, Water Source: "City Water", "City of Loveland"
Heating
"Forced Air"
Home Owner's Association
HOA Transfer Fee: No
Income
Gross Income: $69,400, Net Operating Income: $49,572
Lot
0 acres, 9900 sqft, Area: 9900
Property
Parcel Number: R0416096, Property Condition: "Not New, Previously Owned"
Roof
"Flat"
Sewer
"City Sewer"
Taxes
Tax Annual Amount: 4863, Tax Year: 2024
Tenant Pays
Tenant Pays: "Deposit", "Gas", "Electricity", "Water", "Sewer"
Unit One
Rent: $2,850, Bedrooms: 1, Total Baths: 1, 1971 estimated sqft, Number 1 Bedroom Units: 4
Unit Two
Rent: $950, Bedrooms: 1, Total Baths: 1, 500 estimated sqft
Unit Three
Rent: $700, Bedrooms: 1, Total Baths: 1, 500 estimated sqft
Unit Four
Rent: $1,065, Bedrooms: 1, Total Baths: 1, 612 estimated sqft
Utilities
Electric: "Electric", Gas: "Natural Gas", Utilities: "Natural Gas Available", "Electricity Available"
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Adam Schwartz
REALTOR®
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