Loveland, Colorado, offers a unique opportunity for investors to capitalize on the city's growing economy by purchasing a restaurant for sale. With a diverse range of industries, including manufacturing, healthcare, and education, Loveland provides a stable foundation for businesses to succeed. Restaurants, in particular, can benefit from the city's strategic location at the intersection of U.S. Highway 34 and U.S. Highway 287, making it an attractive spot for travelers and locals alike. Loveland's semi-arid climate and stunning views of the Rocky Mountains also make it an appealing destination for tourists, which can help drive business to local restaurants. Additionally, the city's amenities, such as the Medical Center of the Rockies and Namaqua Park, provide a high quality of life for residents, making it an excellent location for restaurants to establish a loyal customer base. With a population of around 70,000, Loveland offers a sizable market for restaurants to tap into. The city's proximity to Denver, the Colorado State Capitol, and its larger neighbor, Fort Collins, also provides opportunities for restaurants to attract visitors from surrounding areas.
Currently, there are 2 restaurants for sale in Loveland, offering a range of options for investors. These restaurants vary in size, with the average size being 6,564 square feet and the largest being 6,915 square feet. The average price per square foot for restaurants in Loveland is $860 USD, and the average cap rate is. In addition to restaurants, Loveland also offers other investment opportunities, such as apartment buildings, shopping centers, specialty properties, and hotels. For example, investors can find apartment buildings with a mix of one- and two-bedroom units, shopping centers with a variety of retail spaces, specialty properties like office buildings and warehouses, and hotels that cater to the city's tourist market. With its diverse economy and range of investment opportunities, Loveland is an attractive location for businesses to establish themselves and thrive.
What is the average cost per square foot for a restaurant in Loveland?
The average cost per square foot for a restaurant in Loveland is $860 USD per square foot, with an average size of 6,564 square feet and a largest size of 6,915 square feet, among the 2 available listings of restaurants for sale in the area.
What factors determine the value of a restaurant for sale in Loveland?
When evaluating the value of a restaurant for sale in Loveland, several key factors come into play, including:
- Location, with proximity to major transportation hubs like U.S. Highway 34 and the Fort Collins / Loveland Airport, as well as accessibility to local amenities like the Medical Center of the Rockies and Namaqua Park, playing a significant role in determining value.
- The average price per square foot, currently at $860 USD, and the average size of the restaurant, which is approximately 6,564 square feet, with the largest available listing being 6,915 square feet.
- The average cap rate, currently at , which provides insight into the restaurant's potential return on investment, as well as the overall demand for restaurants in Loveland, with 2 available listings currently on the market.
