About This Restaurant
Investment Highlights
High visibility in great location near K-8 Charter school and Larimer County Building. Desirable drive through business model. High traffic counts.
Executive Summary
10.21% 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. Currently operating as ?Maui Wowi?, a Hawaiian-style coffee and smoothie shop, this establishment draws customers with its 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! 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!
Property Details
- Sale Type Owner User
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Fast Food Restaurant
- Building Size 330
- Year Built 2019
- Price 685,000
- Price Per SF 2,076
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.01
- Land Acres 1.16 AC
Amenities
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Property Taxes
Parcel Number | 85184-34-001 | Improvements Assessment | $27,900 (2024) |
Land Assessment | $50,471 (2024) | Total Assessment | $(1) (0.00/SF) |
Date Created: | 2024-07-16 04:09:26 | Last Updated: | 2024-07-16 04:09:26 |
Address: | 116 Peridot St , Loveland, Colorado, 80537 |