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    1501 Cleveland Ave

    Loveland, CO 80538
    • $328,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 929884
    Price Reduced
    UPDATED: 55 min ago
    $328,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1976
    County:

    School Ratings & Info

    Description

    What a rare find! The Woodmore building is a standalone office building (no HOA) with high visibility at an affordable price. Seller has recently updated this property with new paint , new carpet, new flooring, resurfaced & striped the private parking, updated the main electrical meter, and installed a 20K monument sign. This could be perfect for a real estate or insurance office, investment or engineering firm, accountant & attorney office or so many other industry possibilities. This property can also be purchased as an investment opportunity renting as 5 separate mini suites. What a great opportunity for someone. Property is currently rented month to month. $2,450 is the current income. Leases Expire Jan/Feb and March.

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    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2021-01-20T14:39:37.493.
    www.thedanielsgrouprealestate.com/homes/112493158
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    1501 Cleveland Ave Loveland, CO 80538

    • Price: $328,000
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 929884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1976
    Built
    Neighborhood:
    Capital Hill
    County:
    Larimer
    Area:
    08 Loveland/Berthoud area
    Property Description
    What a rare find! The Woodmore building is a standalone office building (no HOA) with high visibility at an affordable price. Seller has recently updated this property with new paint , new carpet, new flooring, resurfaced & striped the private parking, updated the main electrical meter, and installed a 20K monument sign. This could be perfect for a real estate or insurance office, investment or engineering firm, accountant & attorney office or so many other industry possibilities. This property can also be purchased as an investment opportunity renting as 5 separate mini suites. What a great opportunity for someone. Property is currently rented month to month. $2,450 is the current income. Leases Expire Jan/Feb and March.
    Exterior Features

    Construction Wood/FrameStucco Fences Partially FencedWood Fence Location Description Corner Lot Lot Improvements Street PavedCurbsGuttersSidewalksStreet LightFire Hydrant Within 500 Feet Property Features Lawn Sprinkler SystemPaved Parkng Road Access City Street Waterfront No

    Interior Features

    Cooling Refrigeration/Hvac Heating Forced Air Inclusions KitchenetteBreak Room

    Property Features

    Capitalization Rate 6.29 Commercial Industrial Type OfficeExecutive Suites Energy Star Certified No Gross Operating Income 28518.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Loveland Nahb Certified No Net Operating Income 20655.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Business Tax Year 2019 Taxes 6415 Tenant Pays All Operating Costs (Used Alone) Total Operating Expense 7863.0000 Utilities Natural GasElectric Zoning R3e

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Ryan Andre of Sears Real Estate.



    © 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or J2 Real Estate Group at Remax Alliance. Data last updated: 2021-01-20T14:39:37.493.
     
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    J2 Real Estate Group at Remax Alliance
    4703 Boardwalk Dr.
    Fort Collins CO, 80525