Upper-Level Dental Office
1513 Riverside Ave Fort Collins, CO 80524
For Sale
Contact for pricing
Owner-user office suite in the Professional Arts Building with dental-ready procedure areas and two private restrooms.
Property Size2,387 SF
Price / SF$192.71
Days on Market639
Property Features for 1513 Riverside Ave
General Information
- Standard status
- Active
- Size
- 2,387 SF
- Property subtype
- OFFICE
Listing Agency:
The Group, Inc.
(970) 222-0077
Listed By:
Craig Hau
(970) 222-0077
Source:
Moodyscre
Added: Oct 25, 2024
Changed: Jul 25
Last Checked: Jul 25 at 4:49AM
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 The Group, Inc.
Investment Insights
Based on property information with market context.
An owner-user office suite is available for sale in the Professional Arts Building Condominiums. The upper-level unit includes procedure areas, a waiting room, and a reception area with a built-in desk, along with a wet bar, private offices, and two private restrooms. The space is currently laid out as a dental office.
The unit features a second entrance via a ramp at the back of the building, providing ADA accessibility. This makes the suite convenient for access beyond the primary entry.
As an office condominium suite, it offers a defined interior layout suited to an appointment-based practice, with dedicated support and patient-facing areas integrated throughout the unit.
The unit features a second entrance via a ramp at the back of the building, providing ADA accessibility. This makes the suite convenient for access beyond the primary entry.
As an office condominium suite, it offers a defined interior layout suited to an appointment-based practice, with dedicated support and patient-facing areas integrated throughout the unit.
Key Highlights
- Owner‑user office suite for sale in northeast Fort Collins within the Professional Arts Building Condominiums
- Upper level suite offers 2,387 rentable SF currently laid out as a dental office
- Includes procedure areas, waiting room, and a reception area with a built‑in desk
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 7.28%
Second Best
Healthcare Medical
$474.3K
$415.1K – $553.4K
NOI $33,204 @ 7.0% cap · market cap 7.22%
Theoretical Best
Office A
$621.6K
$543.9K – $725.2K
NOI $43,510 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 - Owner-user office suite in the Professional Arts Building with dental-ready procedure areas and two private 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 $460,000.
What are key features of this property?
This property features: Owner‑user office suite for sale in northeast Fort Collins within the Professional Arts Building Condominiums; Upper level suite offers 2,387 rentable SF currently laid out as a dental office; Includes procedure areas, waiting room, and a reception area with a built‑in desk
