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4233 W Eisenhower Blvd
Loveland, CO 80537 Loveland

$499,900

Storefront Retail Office For Sale  •  6,054 Sq Ft

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 6,054 Sq Ft
  • Lot Size 0.47 ac
  • Building Class C
  • Year Built 1968
  • Cap Rate 5.70 %
  • Tenancy Multiple
  • Zoning C
0 Transit Score
22 Walk Score

Description

Zoned open commercial, this property would make a great retail location where the shop owners could live next door in the residence, or an investor could rent out both sides separately as a commercial building or a commercial and residential space. 
The residential area is about 2100 gross living area with 1103 feet finished that includes 2 bedrooms and 1 bath and a 1,070 square foot unfinished basement that has been framed. So almost 2,200 gross living on the residence with 1100 finished. The finished space on the commercial which has just been updated is 1,907 of finished square feet. Also the entire tax parcel is zoned open commercial so you could be creative with the residential side if you Buyers did not have a residential need.

Highlights

Located on Highway 34 which is one of the most heavily trafficked corridors in Loveland.
Potential for excellent visibility as large signage is allowed.
Residence can be expanded to a second commercial space or a residence for owner.
Property was recently renovated and includes modern amenities and fixtures.
Open commercial zoning allows for limitless development opportunities.
Less than a 10 minute drive from the boundaries of the scenic Rocky Mountain National Park.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $28,516 (2019)
Cap Rate: 5.70 %
Total Expenses: $9,980

Major Tenants

Tenant SF Occupied Lease End Date
Tenants removed for renovations

Amenities

  • Air Conditioning
  • Balcony
  • Recessed Lighting

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Greg Colley 970-669-1234 RE/MAX Alliance-Loveland
Greg Colley 970-669-1234 RE/MAX Alliance-Loveland