Homes for sale - 116 Peridot Ave, Loveland, CO 80537

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$539,000

Est. payment - /mo

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330 SqFt

Price Dropped by $20K

116 Peridot Ave Loveland, CO 80537

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

11/11/2024 04:20 PM

Key Details

Property Type Commercial

Sub Type Sale: Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 330 sqft

Subdivision Anderson Farm 13Th

MLS Listing ID 992711

HOA Y/N false

Abv Grd Liv Area 330

Originating Board IRES MLS

Year Built 2019

Annual Tax Amount $3,747

Lot Size 10,454 Sqft

Acres 0.24

Property Description

12.98% CAP RATE- OWNER HAS CITY STAMPED ENG. PLANS TO ADD 150 SQFT- 116 Peridot Avenue offers a prime location and business opportunity in Loveland, Colorado! This standalone drive-through building offers 330 square feet of retail space for sale. Previously operated as "Maui Wowi", a Hawaiian-style coffee and smoothie shop, this property hosts a premium location on the bustling cross streets of Denver and 1st. Conveniently positioned next to the new Larimer County Vehicle Licensing building and New Vision Charter School, 116 Peridot benefits from exceptional visibility and high traffic counts throughout the year. The property comes fully equipped with all essential kitchen appliances, making it an excellent choice for aspiring entrepreneurs looking to continue the legacy of a coffee shop franchise or explore the potential of a frozen/baked goods drive-through. Constructed in 2019 as a commercial restaurant, 116 Peridot is modern and well-suited for various culinary or other drive-through ventures. The location's convenience is further amplified by its proximity, within a radius of 3.0 miles, to numerous businesses and key locations catering to your target demographic. These include the downtown Loveland, Winona Outdoor Public Pool, Chilson Recreation Center, Denver Avenue Commercial Park housing over 15 local businesses, Foundations Church, Mountain View High School, Loveland Sports Park, McKee Medical Center, Skyline Endoscopy Center, Orthopedic Center of the Rockies, and many others. Whether you're an aspiring coffee shop owner seeking a turnkey operation or an investor looking to capitalize on a highly sought-after location, 116 Peridot Avenue offers an ideal setting for your venture. Don't miss the chance to secure this prime property for year-round sales and thriving activity in the Loveland Community! SELLER IS WILLING TO OWNER CARRY FOR A SHORT TERM.

Location

State CO

County Larimer

Area Loveland/Berthoud

Zoning Industrial

Rooms

Basement None

Interior

Interior Features Kitchenette, Floor: Drains

Heating Forced Air, Wall Furnace

Cooling Refrigeration/HVAC

Flooring Concrete

Exterior

Utilities Available Electricity Available

Waterfront false

View City

Roof Type Metal

Street Surface Paved,Asphalt

Handicap Access Level Lot, Level Drive, No Stairs

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Covenants, Level, Within City Limits

Sewer City Sewer

Water City Water, City of Loveland

Structure Type Wood/Frame

New Construction false

Others

Senior Community false

Tax ID R1680868

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by The Station Real Estate • 9702197096

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Jerid Wempen

Broker

+1(720) 297-4020