ADA Accessible Medical Office
1513 Riverside Ave Fort Collins, CO 80524
1513 Riverside Ave, Fort Collins, CO, 80524
$390,000
For Sale
$390,000
SINGLE_FAMILY - Fort Collins, CO
Property Size2,387 SF
Lot Size0.14 Acres
Price / SF$163.39
Days on Market470
Property Features for 1513 Riverside Ave
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- E
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- R1242610
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7351
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1972
- Building materials
- Frame, Brick, Floor: Vinyl, Floor: Carpet
- Roof type
- Composition
Listing agency
Group Centerra
(970) 613-0700
Listed by
Craig C Hau
(970) 229-0700
Added: Apr 10, 2025 Updated: Jul 10 at 10:34AM Checked: Jul 23 at 12:06AM
MLS# 1030728
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Available for sale, this upper-level office suite is located in the Professional Arts Building Condominiums in northeast Fort Collins. The unit is currently configured as a dental office with procedure areas, a waiting room, a reception area with built-in desk, a wet bar, private offices, and two private restrooms. The layout is also described as easily convertible to general office or other uses.
The property includes a second entrance to the suite via a ramp at the back of the building, providing ADA accessibility. Zoning is listed as E.
For an owner-user seeking a ready-to-occupy professional space, this suite offers a dedicated reception, multiple private rooms, and operational support features that align with a medical-office footprint.
The property includes a second entrance to the suite via a ramp at the back of the building, providing ADA accessibility. Zoning is listed as E.
For an owner-user seeking a ready-to-occupy professional space, this suite offers a dedicated reception, multiple private rooms, and operational support features that align with a medical-office footprint.
Key Highlights
- Owner‑user office suite in the Professional Arts Building Condominiums in northeast Fort Collins
- Upper level unit with 2,387 rentable SF, currently laid out as a dental office with procedure areas and waiting area
- Reception area with built‑in desk plus wet bar and private offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $21.96 |
| − Vacancy | −$7.8k | −$3.25 |
| EGI | $44.7k | $18.71 |
| − OpEx | −$11.2k | −$4.68 |
| NOI | $33.5k | $14.03 |
2,387 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$478.5K
$418.7K – $558.3K
NOI $33,495 @ 7.0% cap · market cap 8.59%
Second Best
Healthcare Medical
$474.3K
$415.1K – $553.4K
NOI $33,204 @ 7.0% cap · market cap 8.51%
Theoretical Best
Office A
$621.6K
$543.9K – $725.2K
NOI $43,510 @ 7.0% cap · market cap 11.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AllStar Smiles 4 ...
Dental Office
Articulate TMD Diagnostics
Dental Office
Dr. Clifton Davison, ...
Dental Office
Kochevar, Mark DMD
Dental Office
Dr. Stephen Pauly
Dental Office
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FAQs
What type of property is this?
Medical Office Space - Upper-level suite in a professional office condominium, laid out for dental use with private offices, procedure areas, and restrooms.
Where is this medical office space located?
The property is located at 1513 Riverside Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Owner‑user office suite in the Professional Arts Building Condominiums in northeast Fort Collins; Upper level unit with 2,387 rentable SF, currently laid out as a dental office with procedure areas and waiting area; Reception area with built‑in desk plus wet bar and private offices
