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