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Kevin Schumacher

kevin@kevinsellsco.com +1(970) 396-7248

$ 1,175,000

Est. payment -/mo

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2802 Madison #2, 6, 120 Loveland, CO 80538

0.71 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision Madison Center Condos

MLS Listing ID IRE1067781

HOA Y/N No

Year Built 1991

Annual Tax Amount $25,906

Tax Year 2025

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type Office

Source ires

Property Description

Looking for stable, predictable cash flow? This 5,082 sq ft commercial property delivers exactly that. Two professional tenants are already in place and generating reliable income-a home health care company in one unit and an established CPA practice in the other. Here's what makes this work: both units are leased, so no vacancy risk or tenant hunting required. You get income from day one. And because you're not dependent on a single tenant, you're hedged against turnover. FYI, healthcare companies and accounting firms are among the most stable commercial tenants-they have strong credit, low turnover, and established client bases that keep them locked in. This isn't speculative. It's turnkey. The building is maintained and ready to perform, with no capital expenditures needed out of the gate. Loveland's commercial market has strong fundamentals too-growing population, stable employment, and healthy demand for professional office space. You're buying into a market with tailwinds, not headwinds. If you're building a commercial real estate portfolio and want the kind of property that works while you sleep, this is it. Heck, even if one space went vacant (which we're not anticipating), the other keeps generating income while you find a replacement. Let's talk about the lease terms, tenant histories, and the numbers behind those cash flows. Call today!

Location

State CO

County Larimer

Community Madison Center Condos

Area Loveland/Berthoud

Zoning R3

Direction From Downtown Loveland: Head toward N Lincoln Ave. Turn left onto N Lincoln Ave. Pass by Dairy Queen (Treat) (on the right in 0.9 mi). Turn right to stay on N Lincoln Ave. Turn right onto E 29th St. Turn right onto Yew Dr. Turn left onto Madison Square Dr. Building will be on the left.

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Central Air

Appliance No Inclusions

Exterior

Utilities Available Natural Gas Available, Electricity Available, Cable Available, Separate Meter Electricity, Separate Meter Gas, Satellite Avail, High Speed Avail

View Y/N Yes

View City

Roof Type Composition

Improvements No

Garage No

Building

Lot Description Level, City Limits, Paved, Curbs, Gutters, Sidewalks, Street Light

Sewer Public Sewer

Water City

Structure Type Frame,Brick

New Construction false

Schools

Elementary Schools Mary Blair

High Schools Thompson R2-J

School District Thompson R2-J

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

Listed by Seth Smith

Nearby Locations

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Kevin Schumacher

+1(970) 396-7248

kevin@kevinsellsco.com

Kevin Schumacher

2802 Madison #2, 6, 120 Loveland, CO 80538

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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2802 Madison #2, 6, 120