215 7Th StLoveland, CO 80537

Property Details for 215 7Th St

Year built

1964

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.16 AC

Property size (Sq ft)

3,040 SF

Property type

Office properties

Property subtype

Office buildings

APN

95133-10-010

APU

9513310010

Description

This exceptional 3,040 square foot office space in downtown Loveland, Colorado, presents a unique opportunity. Located at 215 E 7th St, 80537, this single-tenant property boasts a desirable location within walking distance of numerous restaurants, breweries, bars, shops, and entertainment venues. The space features an updated interior with exposed beams, adding character and charm. The layout includes two large private offices, a convenient breakroom with kitchenette, and expansive open workspaces perfect for fostering collaboration. On-site parking is provided with six spaces. This versatile property offers flexibility, with the potential to be subdivided into a 1,520 square foot unit. The building is a single-story structure situated in Larimer County. Low net-net expenses (taxes and insurance) make this an attractive option for businesses seeking a vibrant and convenient location. The property is currently fully vacant and ready for immediate occupancy. This space is suitable for various office subtypes, including executive office, coworking, creative office, and traditional office uses.

• CAP approach

  CAP return

  Valuation

  6%

  $726,331

  6.5%

  $670,460

  7%

  $622,570

• Comparable approach

  Method

  Valuation

  Relative Method

  $798,267

  Geo Method

  $251,165

• Alternative Use

  Use

  Valuation

  Residential

  $831,370

  Hospitality

  $761,530

  Educational

  $633,584

  Medical

  $655,374

  Retail

  $985,576

Location Insight

City

Loveland

County

Larimer

State

Colorado

Latitude

40.3989

Longitude

-105.074

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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