Property Attributes
- MLS#IR1067115
- TypeSingle Family
- Listing Status Active
- CountyLARIMER
- CityLoveland
- NeighborhoodMckee Medical Park III
- Zip80538
- Style
- Year Built1986
- Price$ 338,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1366
- Lot Size0.1 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Turnkey triple-net investment in Loveland's Blue Mesa Professional Building. This 1,366 SF medical/office condo is fully leased to Bridge Health Clinic, a functional medicine practice in place since 2021, on a new 5-year renewal through March 2031 with 3% annual rent escalators. Priced at $338,000 ($247/SF), delivering a 7.17% Year 1 cap ($24,216) growing to 7.60% by Year 3 ($25,691). ADA-accessible with an efficient floorplan near Banner McKee Medical Center. Passive, low-maintenance NNN income.
| Elementary School | High School |
|---|---|
| Monroe Elementary School | Mountain View High School |
| Price History | |
|---|---|
| 8/24/2026 | Listed $338,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Utilities | Electricity Available,Natural Gas Available |
| Possession | Closing/DOD |
| Roof | Composition |
| Zoning | R3 |
| HOA Fee | 1 |
| Construction Materials | Frame |
| Year Built | 1986 |
| Tenant Pays | Association Fees,Electricity,Gas,Grounds Care,Other,Trash Collection,Water |
| Levels | One |
| Tax Year | 2025 |
| Ownership | Individual |
| Assoc Fee Paid Per | Quarterly |
| County | Larimer |
| Net Operating Income | 24216 |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | Mckee Medical Park III |
| Status | Active |
| High School | Mountain View |
| City | Loveland |
| High School District | Thompson R2-J |
| Lot Size Square Feet | 4391 |
| Elementary School | Monroe |
| Middle/Junior High School | Other |
| Concessions | No |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Elementary School District | Thompson R2-J |
| Cap Rate | 7.16 |
Interior Features
| Basement | None |
|---|---|
| Furnished Y/N | Unfurnished |
| Basement (Y/N) | No |
Exterior Features
| Water Source | Public |
|---|---|
| Building Area Total | 1366 |
| Lot Size Acres | 0.1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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