Retail & Commercial Building For Sale or Lease

LC Real Estate Group is pleased to present the unique opportunity to acquire or lease this 24,000 SF entertainment
building constructed in 2018 as a state-of-the-art motion picture theatre, with full-service restaurant. Its contemporary
design, high-quality finishes, and adaptable infrastructure make it well-positioned for a variety of future uses ranging
from continued entertainment operations to adaptive reuse as an event venue, retail showroom, educational facility
or mixed-use redevelopment. The property is offered at a significant discount to replacement cost in an irreplaceable
location within a high profile mixed use development (The Foundry) with access to public parking.

This purchase opportunity includes the leasehold interest of the adjacent office building at 320 N. Cleveland Avenue
leased from the City of Loveland, with no payment obligations through April of 2027 with two five year options
through April of 2037. This 6,150 RSF brick building is currently subleased to Level Engineering, LLC for $14.75/SF
NNN through May of 2026, creating a unique opportunity to utilize the building upon sublease termination or offset
operating cost with sublease income.

The theatre building sits on 0.65 acres in the heart of Downtown Loveland, one block from the vibrant 4th Street
corridor, which is undergoing complete renovation for walk-ability. The downtown entertainment district is home
to a thriving mix of restaurants, breweries, boutiques, galleries, and cultural attractions including the historic Rialto
Theater and the Loveland Museum. The property benefits from strong pedestrian activity, outdoor entertainment in the
Foundry Commons, high visibility, and synergy with the city’s growing arts and entertainment scene.
Key interior features include seven fully built auditoriums with 551 luxury recliner seats, a full-service bar, large
commercial kitchen, concession areas, and extensive back-of-house support spaces such as walk-in coolers, freezer,
and ample storage. The facility’s layout provides flexibility for live performances, private events, or conversion to
experiential retail concepts or education operations.

Being centrally located in Loveland places the property within minutes of regional employers, residential
neighborhoods, and tourist destinations such as Boyd Lake and Rocky Mountain National Park. Downtown Loveland
has become a destination for both locals and visitors, making this property an ideal location for operators or investors
seeking a high-profile, ready-to-adapt asset in Northern Colorado.