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2700 Madison Sq Dr

Loveland, CO 80538
  • $1,100,000
  • STATUS: Active
  • ON SITE: 56 Days
  • MLS #: 1000941
UPDATED: 64 min ago
$1,100,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1998
County:

School Ratings & Info

Description

This turn-key building offers a rare opportunity to lease or own a high quality office space in an excellent Central Loveland location. 2700 Madison Square Dr. is located east of Madison Ave. near a high-traffic intersection. Convenient access is available in and out of the business park via Madison Ave. or 29th Street, with beautiful views of Westerdoll Lake on the west side of Madison Ave. This two story building has an open shell design, making renovation easy. The main level is fully finished and move-in ready. The basement is 1/3 finished and zoned to be a separate suite. The owner is willing to leaseback the basement for a negotiable period of time at $1,000 per month or vacate the building entirely. The rest of the basement can be renovated for more office space or used for storage. POSSIBLE FINANCIAL OPTION: Buyer may be eligible to assume the seller's interest rate for a portion of the sale by using the SBA 504 Loan program.

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© 2024 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 Daniels Group Real Estate. Data last updated: 2024-02-24T09:42:31.09.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.thedanielsgrouprealestate.com/homes/146283508
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2700 Madison Sq Dr Loveland, CO 80538

  • Price: $1,100,000
  • Status: Active
  • On Site: 56 Days
  • Updated: 64 min ago
  • MLS #: 1000941
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1998
Built
Neighborhood:
Madison Square 2nd Sub
County:
Larimer
Area:
08 Loveland/Berthoud area
Property Description
This turn-key building offers a rare opportunity to lease or own a high quality office space in an excellent Central Loveland location. 2700 Madison Square Dr. is located east of Madison Ave. near a high-traffic intersection. Convenient access is available in and out of the business park via Madison Ave. or 29th Street, with beautiful views of Westerdoll Lake on the west side of Madison Ave. This two story building has an open shell design, making renovation easy. The main level is fully finished and move-in ready. The basement is 1/3 finished and zoned to be a separate suite. The owner is willing to leaseback the basement for a negotiable period of time at $1,000 per month or vacate the building entirely. The rest of the basement can be renovated for more office space or used for storage. POSSIBLE FINANCIAL OPTION: Buyer may be eligible to assume the seller's interest rate for a portion of the sale by using the SBA 504 Loan program.
Exterior Features

Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksAbuts Private Open SpaceWithin City Limits Parking Features Paved Road Frontage Type Priv Rd up to County Standards Road Surface Type PavedGravel Roof Composition Spa YN No View Water Waterfront YN No

Interior Features

Accessibility Features Accessible Approach with RampLevel LotNear Bus Basement Full Building Area Total 4930 Building Features Break RoomLawn Sprinkler System Cooling Refrigeration/HVAC Cooling YN Yes Flooring ConcreteVinyl Heating Forced Air Heating YN Yes Interior Features Ceiling: 8-10 Feet Living Area Source Assessor

Property Features

Association YN No Business Type Professional/Office Cap Rate 0.98 Ditches Active YN No Electric ElectricCity of Lovelan Gas Natural GasXcel Gross Income 35431.5 Has Improvements No Has Water Rights No Listing Sub Status None Locale Loveland Net Operating Income 10808.5 New Construction YN No Operating Expense 24623 Possible Use CommercialCommercial or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(s) Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 17323 Tax Year 2022 Tenant Pays DepositGasElectricityWaterSewerTaxesInsuranceInterior MaintenanceCommon Area MaintenanceExterior Maintenance Utilities Natural Gas AvailableElectricity AvailableCable Available Water Source City WaterCity of Loveland Zoning R3

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Alysha Melaragno of Alysha Melaragno: 9702316015.



© 2024 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 Daniels Group Real Estate. Data last updated: 2024-02-24T09:42:31.09.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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