Rare opportunity for a new restaurant to operate in a historic yet modernized building located in the center of authentic Downtown Loveland. The building is situated next door to award-winning Verboten Brewing, and just steps from cultural draws including a new 7-screen movie theater, the historic Rialto Theater, Loveland Museum/Gallery, and several art galleries. The new $75 million “Foundry” mixed-use project is nearby, and includes 155 apartments, a 460-stall public parking garage, a 102-key hotel, and a Metrolux movie theater. Additionally, the Pulliam Community building is located just north of the property across an alley, and will soon be revitalized into a vibrant events center. 129 E 5th Street was built in 1901, and underwent a major remodel in 2018. The history of the building is rich, with the first known occupants being the Smith Livery (over 100 horseshoes were discovered during the remodel!). Over the years, the building housed a wide variety of ventures, including a Packard car dealership in the 1940’s.
MAJOR RECENT IMPROVEMENTS INCLUDE:
• Major Electrical and Plumbing upgrades
• Two new roof top HVAC units
• Restoration of 2 large skylights
• New Fire Suppression/Sprinkler system with flex hose drops
• Two large roll-up garage doors opening onto the 5th Street
sidewalk (facing south)
• Double-insulated roof
• Installation of grease-trap
• Newly poured concrete floors
• Exposed and restored ceiling joists
• Floor drains
• Exposed brick walls, inside and outside
