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.
Room Features
Interior FeaturesKitchenette, Floor: Drains
BasementNone
Lot & Building Features
HeatingForced Air, Wall Furnace
CoolingRefrigeration/HVAC
SewerCity Sewer
Tax Year2022
WaterCity Water, City of Loveland
InteriorKitchenette, Floor: Drains
LotCurbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Covenants, Level, Within City Limits
Price History of 116 Peridot, Loveland, CO
Date
Name
Price
Difference
12/19/2024
Price Adjustment
$505,000
2.70%
11/26/2024
Price Adjustment
$519,000
3.71%
11/11/2024
Price Adjustment
$539,000
3.58%
11/01/2024
Price Adjustment
$559,000
3.45%
10/17/2024
Price Adjustment
$579,000
3.34%
10/02/2024
Price Adjustment
$599,000
3.39%
08/12/2024
Price Adjustment
$620,000
3.88%
07/22/2024
Price Adjustment
$645,000
2.27%
07/11/2024
Price Adjustment
$660,000
3.65%
06/18/2024
Price Adjustment
$685,000
3.52%
05/10/2024
Price Adjustment
$710,000
6.58%
04/20/2024
Price Adjustment
$760,000
2.56%
02/27/2024
Price Adjustment
$780,000
3.70%
12/14/2023
Price Adjustment
$810,000
4.71%
11/15/2023
Price Adjustment
$850,000
2.86%
09/28/2023
Price Adjustment
$875,000
3.85%
08/30/2023
Price Adjustment
$910,000
4.11%
07/21/2023
Listing Price
$949,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
116 Peridot (MLS #992711) is a commercial listing located in Loveland, CO.
This commercial listing is on a lot of 10,442 sqft (or 0.24 acres) and is 5 years old. This property was listed on 07/21/2023 and has been priced for sale at $505,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: The Station Real Estate