116 S Lincoln Avenue is a fully leased, 4-unit mixed-use property consisting of a 1,917 SF restaurant building and a three-unit multi-family dwelling situated on a 0.23 acre lot located near the southeast corner of E 1st Street and S Lincoln Avenue in Downtown, Loveland, Colorado. The property sits in close proximity to new and exciting development in Downtown Loveland, including The Foundry Plaza - a mixed-use development spanning three blocks consisting of apartments, restaurants, a salon, hotel, dine-in movie theater, and a central plaza for community entertainment.The flexible DT - Downtown zoning offers a myriad of potential uses including retail, office, residential, and general commercial. The restaurant building features a type II hood, walk-in cooler, three-compartment sink, and a small grease trap. Recent capital improvements include a new roof, and a new parking lot and drive aisles.
For sale
$640,000
116 S Lincoln Ave, Loveland, CO 80537
4beds
4baths
3,583sqft
:
Get pre-qualified$3,937/mo
Multi Family
Built in 1950
-- sqft lot
$-- Zestimate®
$179/sqft
$-- HOA
What's special
Three-compartment sinkNew roofSmall grease trapWalk-in cooler
- 282 days |
- 203 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
David D'Ambrosio 970-988-3872,
Colorado Commercial, Ltd
Source: IRES as distributed by MLS GRID,MLS#: 1046597
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Features
- Basement: None
Interior area
- Total structure area: 3,583
- Total interior livable area: 3,583 sqft
Property
Parking
- Total spaces: 11
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,900 Square Feet
Details
- Parcel number: R0416096
- Zoning: DT
- Special conditions: Private Owner
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick
- Roof: Flat
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Natural Gas Available, Electricity Available
Community & HOA
Community
- Subdivision: Ballard Place
HOA
- Has HOA: No
Location
- Region: Loveland
Financial & listing details
- Price per square foot: $179/sqft
- Tax assessed value: $573,100
- Annual tax amount: $4,863
- Date on market: 10/30/2025
- Tenant pays: Deposit, Gas, Electricity, Water, Sewer
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2025 | Listed for sale | $640,000-24.7%$179/sqft |
Source:  REcolorado as distributed by MLS GRID #IR1046597 Report a problem | ||
| 8/12/2025 | Listing removed | $850,000$237/sqft |
Source:  IRES as distributed by MLS GRID #1036963 Report a problem | ||
| 6/23/2025 | Listed for sale | $850,000+174.2%$237/sqft |
Source: IRES as distributed by MLS GRID #1036963 Report a problem | ||
| 12/27/2006 | Sold | $310,000+138.5%$87/sqft |
Source: Public Record Report a problem | ||
| 5/4/2001 | Sold | $130,000+9.7%$36/sqft |
Source: Public Record Report a problem | ||
| 3/19/1998 | Sold | $118,500$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,720 +38.2% | $77,692 +11.9% |
| 2024 | $4,863 +3% | $69,399 -0.3% |
| 2023 | $4,723 -0.7% | $69,596 +17.2% |
| 2022 | $4,758 +0.3% | $59,362 -0.8% |
| 2021 | $4,745 +1.7% | $59,866 +0.3% |
| 2020 | $4,665 -0.7% | $59,679 -0.2% |
| 2019 | $4,697 | $59,804 +4.8% |
| 2018 | $4,697 | $57,077 |
| 2017 | $4,697 +16.1% | $57,077 +25.5% |
| 2016 | $4,045 +22.3% | $45,463 0% |
| 2015 | $3,307 | $45,470 -5.8% |
| 2011 | -- | $48,250 |
| 2010 | -- | $48,250 |
| 2009 | -- | $48,250 +56.6% |
| 2008 | -- | $30,820 |
| 2007 | -- | $30,820 +16.2% |
| 2006 | -- | $26,520 |
| 2005 | -- | $26,520 -19.1% |
| 2004 | -- | $32,770 +5.7% |
| 2002 | -- | $30,990 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 80537
Nearby schools
GreatSchools rating
- 5/10Winona Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10Bill Reed Middle SchoolGrades: 6-8Distance: 0.4 mi
- 7/10Mountain View High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Winona
- Middle: Bill Reed
- High: Mountain View
Source: IRES as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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