Active

116 Peridot Ave

Loveland CO, 80537

$505,000


$1,530.30 per sqft

Active

330 sqft

Commercial

Built in 2019

13.9% 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.

992711

MLS ID

July 21, 2023

Listed

December 19, 2024

Updated

Map

116 Peridot Ave
Loveland CO, 80537

Interior Features

Interior Features

Kitchenette, Floor: Drains


Floor Description

Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Refrigeration/HVAC


Heating

Yes


Heating Description

Forced Air, Wall Furnace

Exterior/Building Features

Lot Size

0.24 Acres


Lot Features

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


Roof

Metal


Sewer

City Sewer

Other Property Details

Area Name

Loveland/Berthoud


Taxes

$3,747


Tax Frequency

Annually


Days on Market

518


Garage

No


View

Yes


View Description

City


County

Larimer


Water Source

City Water, City of Loveland


Pool

No


Zoning

Industrial

Listing History

Date

Event

Price

12/19/2024

Price change

$505,000

-3%

11/26/2024

Price change

$519,000

-4%

11/11/2024

Price change

$539,000

-4%

11/1/2024

Price change

$559,000

-4%

10/29/2024

Price change

$579,000

-4%

10/2/2024

Price change

$599,000

-4%

8/13/2024

Price change

$620,000

-4%

7/22/2024

Price change

$645,000

-3%

7/11/2024

Price change

$660,000

-4%

6/18/2024

Price change

$685,000

-4%

5/11/2024

Price change

$710,000

-7%

4/20/2024

Price change

$760,000

-3%

2/27/2024

Price change

$780,000

-4%

12/14/2023

Price change

$810,000

-5%

11/15/2023

Price change

$850,000

-3%

9/29/2023

Price change

$875,000

-4%

8/31/2023

Price change

$910,000

-5%

Listed by Nicholas Bukowski with The Station Real Estate
Listing Contact: 9702197096 

The IDX display contains information sourced from Information and Real Estate Services, LLC (IRES) as of 12/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase.  Information deemed reliable but not guaranteed by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. 

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Data last updated on 12/19/2024 at 8:49 PM UTC

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