$908,175
$974,431
6.8%For more information regarding the value of a property, please contact us for a free consultation.
10,454 Sqft Lot
SOLD DATE : 12/21/2023
Key Details
Sold Price $908,175
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Orchard Park
MLS Listing ID IRE982380
Sold Date 12/21/23
HOA Y/N No
Year Built 1903
Annual Tax Amount $11,017
Tax Year 2022
Lot Size 10,454 Sqft
Acres 0.24
Source ires
Property Description
Improved Cap Rate!! New long term lease in place on Unit 101. This investment offering provides reduced risk to investors with multiple tenant types in a great location. Situated on Lincoln Avenue the property provides premium exposure for the commercial tenants on the main level and easy access for the residential units on the upper level. A full parking lot with new lighting is located on the east side of the building. Having undergone a full renovation in 2014, and thoughtfully maintained since.
Location
State CO
County Larimer
Community Orchard Park
Area Loveland/Berthoud
Zoning B
Direction From I-25 west on Highway 34, South on Cleveland, west on 8th St, north on Lincoln Ave
Interior
Heating Hot Water
Exterior
View Y/N No
Roof Type Other
Improvements No
Garage No
Building
Water City
Structure Type Frame
New Construction false
Others
Special Listing Condition Private Owner
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