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Photo 1 of 47: Overhead showing the 3 buildings on property
Overhead showing the 3 buildings on property
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135 Cleveland Ave, Loveland, CO 80537

Lov · Larimer County

Key Facts

4,180Sq Ft
1928Year Built
0.14Lot (acres)

Description

LIVE/ WORK, OR INVESTMENT IN THE HEART OF DOWNTOWN LOVELAND. An exceptional opportunity to live in vibrant Downtown Loveland while operating your business in one of the other two buildings on the property. Live steps from your business or lease all three buildings for a strong investment play. This rare offering delivers flexibility, visibility, and long-term upside. With frontage on Cleveland Avenue-from 1st Street to 2nd Street-this unique portfolio places you on two prime corner locations, maximizing exposure and accessibility directly across from the Townplace Suites by Marriott. The three-building portfolio includes: A former retail building at the corner of 1st Street & Cleveland Avenue, currently configured as a residence. A flexible open shop space with a variety of potential uses. A single-family home currently split into two units (separate ground-level and lower-level units) FEATURES: Up to four potential income streams across three structures. Prime downtown location within walking distance to dining, breweries, theaters, shops, and cultural attractions. High visibility corridor with traffic counts exceeding 11,000 vehicles per day. Strong upside potential as Downtown Loveland continues to grow and appreciate. Newer roofs for reduced near-term capital expenses

Property Information

Property Type

Residential Income

Year Built

1928

Living Area

4,180 sq ft

Lot Size

0.14 acres

Zoning

BE

Days on Market

76

MLS® Listing#

1056773

Property Features

Cooling

Central Air

Heating

Forced Air

Basement

Partial

Fencing

Wood

Construction

FrameBrickVinyl Siding

Roof

Composition

Utilities

Natural Gas AvailableElectricity Available

Water Source

Public

Schools

Elementary:
Truscott
Middle:
Bill Reed
High:
Thompson Valley

Financial Details

HOA

None

Annual Taxes

$11,775

Tax year 2025

Parcel Number

R0388700

Affordability Calculator

$178,000

Estimated monthly payment

$4,737/mo

Principal $712,000 · Est. interest $993,303 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Loveland, CO

$568,957
Median Listing Price
50
Median Days on Market
1,965
Median Sq Ft
$294
Median Price / Sq Ft
914
Active Listings
  • This home’s price is 56% above the area median.
  • Its price per sq ft is 28% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Loveland, CO.

Location

Map showing the location of 135 Cleveland Ave, Loveland, CO 80537

Points of Interest in Loveland, CO

Showing the Loveland area map.

Nearby Schools

  • Bill Reed Middle School

    Elementary · 0.3 mi away

  • Truscott Elementary School

    Elementary · 0.4 mi away

  • Small Fries Preschool

    School · 0.4 mi away

  • Garfield Elementary School

    Elementary · 0.8 mi away

  • Community Preschool Inc

    School · 0.9 mi away

  • Winona Elementary School

    Elementary · 1.1 mi away

  • Thompson Valley Preschool

    School · 1.2 mi away

  • Thompson School District

    Elementary · 1.3 mi away

  • Precious Years Christian School

    School · 1.4 mi away

  • Harold Ferguson High School

    Secondary · 1.5 mi away

  • Discovery Montessori Elementary School

    Elementary · 1.5 mi away

  • St John the Evangelist

    School · 1.5 mi away

  • BF Kitchen Elementary School

    Elementary · 1.5 mi away

  • Thompson Valley High School

    Secondary · 1.6 mi away

  • New Vision Charter School

    Elementary · 1.7 mi away

  • Van Buren Elementary School

    Elementary · 1.8 mi away

  • Sarah Milner Elementary School

    Elementary · 1.9 mi away

  • Conrad Ball Middle School

    Secondary · 1.9 mi away

  • Thompson School District R2-J Support Services Center

    School · 2.0 mi away

  • Loveland High School

    Secondary · 2.1 mi away

Commute Calculator

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Loveland

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by IRES. MLS® Listing#1056773. © 2026EXIT Realty®. All rights reserved.