116 S Lincoln Avenue Loveland, CO $ 640,000
116 S Lincoln Avenue
$ 640,000
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116 S Lincoln Avenue

Loveland, CO, 80537
$ 640,000
Baths0.0 Sq 3,583

Monthly Estimate*

$ 3,993

Listed by Colorado Commercial, Ltd
116 S Lincoln Avenue, Loveland, CO 80537 - Image 1
116 S Lincoln Avenue, Loveland, CO 80537 - Image 2
116 S Lincoln Avenue, Loveland, CO 80537 - Image 3
116 S Lincoln Avenue, Loveland, CO 80537 - Image 4
116 S Lincoln Avenue, Loveland, CO 80537 - Image 5
Studio

Multi-Family Home for sale in Loveland, CO

for $640,000. This 3,583 square foot home was built in 1950 on a lot size of 0.23.

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.

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Multi-Family Active

Price

$ 640,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,863

Style

Lot Size

0.23

Year Built

1950

Town/City

Loveland

County/Region

Larimer

MLS | Web ID

IR1046597

Features
General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Available Natural Gas Available
Possession Rental Agreement
Zoning DT
Construction Materials Brick Frame
Year Built 1950
Tenant Pays Electricity Gas Water
Levels One
Property Subtype Quadruplex
Tax Year 2024
Ownership Individual
Gross Income 5565
County Larimer
Net Operating Income 49571.62
Operating Expense 19828
Property Type Residential Income
HOA N
Subdivision Name Ballard Place
Status Active
High School Mountain View
City Loveland
High School District Thompson R2-J
Number Of Units Total 4
Lot Size Square Feet 9900
Elementary School Winona
Tax Annual Amount 4863
Middle/Junior High School Other
Concessions No
Standard Status Active
Occupancy Type Tenant
Elementary School District Thompson R2-J
Cap Rate 7.75
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Interior
Basement None
Furnished Y/N Unfurnished
Basement (Y/N) N
Main Level Bedrooms 0
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Exterior
Water Source Public
Total Parking 11
Building Area Total 3583
Lot Size Acres 0.23
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Internal Only
Street Number 1 116
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* Excluded Features
List By
Colorado Commercial, Ltd

Broker

(970) 988-3872

Phone

Affordability Calculator

$4,398
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,993
Monthly Property Taxes
$405
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
732128 Elementary School
3043800 Middle School
Mountain View High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2025$640,000 Listed Price

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116 S Lincoln Avenue, Loveland, CO, 80537 is a Multi-Family Home for sale at $640,000 with 3,583 sqft and a lot size of 0.23. 116 S Lincoln Avenue is a studio with 0.0 baths and was built in 1950. The property's zip code is 80537 which is in Loveland, CO