Medical Office Building with
1227 Riverside Ave Fort Collins, CO 80524
1227 Riverside Ave, Fort Collins, CO, 80524
Contact for pricing
For Sale
Contact for pricing
Single-tenant medical office building features a built-in gym with showers, central air, and an onsite kitchenette/break room.
Property Size5,423 SF
Lot Size0.51 Acres
Price / SF$179.79
Days on Market65
Property Features for 1227 Riverside Ave
General Information
- Standard status
- Active
- Size
- 5,423 SF
- Lot size
- 0.51 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing agency
Waypoint Real Estate
(970) 632-5050
Listed by
Jack Chunko · License #CO 100101170
Source
Crexi
Added: May 19 Updated: Jul 22 at 4:05PM Checked: Jul 22 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Waypoint Real Estate
Investment Insights
Based on property information with market context.
1227 Riverside Ave is a 5,423 SF wood-frame medical office building on 0.51 acres. The space includes a medical office build-out and an onsite gym with showers, along with a kitchenette and break room. The building is heated and cooled with forced air heating and central air conditioning, and it has abundant natural light. Building signage is in place, and the property is serviced by Xfinity for internet.
The property is located on Riverside Avenue in Fort Collins’ Employment District. Utilities are structured on a NNN basis, with electric included in CAM. A new roof is scheduled for installation in June 2026, supporting a freshly capital-improved timeline for a buyer.
The building is configured as a single-tenant footprint and is offered for sale with the described amenities and infrastructure already in place.
The property is located on Riverside Avenue in Fort Collins’ Employment District. Utilities are structured on a NNN basis, with electric included in CAM. A new roof is scheduled for installation in June 2026, supporting a freshly capital-improved timeline for a buyer.
The building is configured as a single-tenant footprint and is offered for sale with the described amenities and infrastructure already in place.
Key Highlights
- 5,423 SF single‑tenant medical office building on 0.51 acres on Riverside Ave in Fort Collins’ Employment District
- Medical office build‑out with onsite gym and showers plus kitchenette and break room
- Wood‑frame construction with gable roof; forced air heating and central air conditioning
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 | $119.1k | $21.96 |
| − Vacancy | −$17.6k | −$3.25 |
| EGI | $101.5k | $18.71 |
| − OpEx | −$25.4k | −$4.68 |
| NOI | $76.1k | $14.03 |
5,423 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.09M
$951.2K – $1.27M
NOI $76,098 @ 7.0% cap · market cap 7.80%
Second Best
Healthcare Medical
$1.08M
$943.0K – $1.26M
NOI $75,436 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,850 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mary S. Homan, ...
Alternative Medicine Practice
Other Club Ltd
Gym & Fitness Center
Fitter Fort Collins
Wellness Program
Lawrence P. Lay, ...
Alternative Medicine Practice
Jimmy Danella L.Ac.
Alternative Medicine Practice
Similar For Sale Nearby
Similar Off Market Nearby
- Fort Collins Veterinary Emergency Hospital — 816 S Lemay Ave, Fort Collins, CO 80524
- Evergreen Animal Hospital: Hartman Amy DVM — 32175 Castle Ct, Evergreen, CO 80439
- Red Sage Integrative Veterinary Partners — 1006 Luke St, Fort Collins, CO 80524
FAQs
What type of property is this?
Medical Office Space - Single-tenant medical office building features a built-in gym with showers, central air, and an onsite kitchenette/break room.
Where is this medical office space located?
The property is located at 1227 Riverside Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 5,423 SF single‑tenant medical office building on 0.51 acres on Riverside Ave in Fort Collins’ Employment District; Medical office build‑out with onsite gym and showers plus kitchenette and break room; Wood‑frame construction with gable roof; forced air heating and central air conditioning
