3665 John F. Kennedy Pkwy, Bldg 2, Suite 202 Fort Collins, CO 80525 +1 970 663 3150 naiaffinity.com For more information : Andy Smith +1 970 305 8114 [email protected]N RARE RESTAURANT/RETAIL PROPERTY IN DOWNTOWN LOVELAND FOR SALE AVAILABLE LINCOLN PLACE APT. LINCOLN PLACE APT. (200 UNITS) (200 UNITS) GALLERY FLATS APT. GALLERY FLATS APT. (66 UNITS) (66 UNITS) LOVELAND MUSEUM/ LOVELAND MUSEUM/ GALLERY GALLERY PATINA FLATS APT. (155 UNITS) PATINA FLATS APT. (155 UNITS) MOVIE THEATRE MOVIE THEATRE RETAIL & HOTEL RETAIL & HOTEL PUBLIC PLAZA PUBLIC PLAZA N LINCOLN AVE N LINCOLN AVE N CLEVELAND AVE N CLEVELAND AVE E 5TH ST E 5TH ST E 4TH ST E 4TH ST E 3RD ST E 3RD ST PULLIAM COMMUNITY BLDG PULLIAM COMMUNITY BLDG 129 E. 5TH STREET LOVELAND, CO 80537 PARKING LOT PARKING LOT (56 SPACES) (56 SPACES)
Transcript
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150
FOR SALE129 E 5th Street was built in 1901, and underwent an extensive remodel in 2018 in anticipation of becoming a modern restaurant. The property owners completely updated the building, but in a sensitive manner that respected the proud history of the building and neighborhood. As such, and at great expense, all systems and infrastructure were brought up to current standards and codes, while preserving and restoring certain historic elements. For instance, when the new roof was installed, theowners preserved the character of two damaged historic wireglass skylights by replacing them with new materials instead of simply removing them to reduce costs. Additionally, the interior brick walls were stabilized and sealed, rather than being demolished and replaced by modern wall systems. The goal of presenting this historic building to a new owner/operator in a condition ready for a concept-driven interior finish has proudly been achieved.
The building is situated next door to award-winning Verboten Brewing, and just steps from major cultural draws including a new 7-screen Metrolux movie theater, the historicRialto Theater, Loveland Museum/Gallery, and several art galleries. The new $75 million“Foundry” mixed-use project is just steps away, and includes 155 luxury apartments, a 460-stall public parking garage, a 102-key Towneplace by Marriott hotel, and the aforementioned Metrolux movie theater. Additionally, the historic Pulliam Community building is located just north of the property across Artist Alley, and is currently beingrevitalized into a vibrant events center.
PROPERTY HIGHLIGHTS• Originally constructed in 1901, and extensively updated in 2018 and 2019
(best of both worlds: historic character AND modern functionality)
• Near an abundance of retailers, restaurants, breweries and entertainment in Downtown.
• Roll up doors leading out to outdoor patio seating area.
• Abundant public parking in every direction.
• Loveland DDA would like new operator to use sidewalk for patio dining.
129 E. 5TH STREET, LOVELAND, COLORADO 80537
ZONING:BE - Established Business (Downtown) For Information from City of Loveland regarding permitted uses for BE Zoning: Click Here
AVAILABLE 3,403± Sq. Ft.
SALE PRICE $1,075,000
ZONING BE - Established Business
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
Upper left Mech room has built in grease trap area
Men’s and Women’s restrooms
PROPERTY HIGHLIGHTS
• 3,403± Sq. Ft. • Built in 1901 and extensively renovated in 2018 and 2019• Natural lighting from skylights and store front south facing windows• Two (2) glass roll-up garage doors that open to the sidewalk• White box ready
MAJOR RECENT IMPROVEMENTS INCLUDE:• Two new restrooms• Major electrical and plumbing upgrades• Two new 6-ton roof top HVAC units with most spiral ducting installed• Restoration of 2 large skylights• New fire suppression/sprinkler system with grease fire drops in kitchen• Two large roll-up garage doors opening onto the 5th Street
sidewalk (facing south) • Double-insulated roof• Installation of grease-trap• Newly poured concrete floors• Exposed and restored ceiling joists• Multiple floor drains• Exposed historic red brick walls, inside and outside• Sconce light fixtures installed on facade above sidewalk
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
3665 John F. Kennedy Pkwy, Bldg 2, Suite 202Fort Collins, CO 80525+1 970 663 3150
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
Northern Colorado: Home to two major universities, a young and well educated population, and a diverse and well compensated workforce.• Nestled between the Rocky Mountains, Colorado’s high plains and Denver International
Airport.• Northern Colorado communities consistently rank as some of the best locations in the
country for business, lifestyle and craft beer.• Rich with energy and entrepreneurial spirit. • Booming area.
Downtown Loveland: Revitalization has hit a fever pitch, and the neighborhood is now a hot spot for urban living, entertainment, and dining. The big story in Downtown Loveland is the recently completed “Foundry” (https://thefoundryloveland.com/)• Festivals take place throughout the calendar year and are centered at 4th street
between Cleveland and Lincoln streets:• The Corn Roast Festival, the largest and oldest of the downtown festivals• Night on the Town, and Loveland’s Valentines Festival• Summer Concerts
Loveland has a reputation for being one of the best art towns in America. With a world renowned public art collection, a nationally accredited art and history Museum, and a 1920s historic theater, the arts are an integral part of Loveland’s culture.
DOWNTOWN LOVELAND offers an abundance of art galleries and businesses with plenty of fine and casual dining, live music, craft beer tasting rooms and retail shops to enjoy.
The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. NAI Affinity makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of NAI Affinity. Any duplication without NAI Affinity’s express written consent is prohibited.
