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.
available on
7/21/2023330 Sq Ft
0.24 Private Acres Exterior Space
Commercial
$3,747 Annual Tax
Built in 2019
MLS/Listing ID 992711
Lot - Covenants
Lot - Within City Limits
Metal
Heating - Forced Air
HVAC
Kitchenette
Lot - Level
City View
Level Drive
Cooling - Refrigeration/HVAC
Southern Exposure
Floor Drains
Lot - Curbs
Lot - Sidewalks
Lot - Fire Hydrant within 500 Feet
No Stairs
Level Lot
Construction - Wood Frame
Heating - Wall Furnace
Concrete
NICHOLAS BUKOWSKI
Source of Data: IRES MLS