1513 Riverside Ave, Fort Collins, CO 80524
SINGLE_FAMILY - Fort Collins, CO
- Added:
- Apr 10, 2025
- Days on Market:
- 456
- Last Refresh:
- Jul 9 at 1:06 pm
Property Features for 1513 Riverside Ave
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- E
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active Under Contract
- 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 agent Craig C Hau (970) 229-0700
Listing office Group Centerra 5401 Stone Creek Cir, Fort Collins, CO (970) 613-0700
Listing date Apr 10, 2025
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.
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
- Two private restrooms and the option to convert the layout to general office or other uses
- ADA accessibility with an accessible approach and ramp, plus a second entrance via a ramp at the back of the building
- Utilities and building features include forced air heat, central air, public sewer, composition roof, and natural gas available
Overview
The property is located at 1513 Riverside Ave in northeast Fort Collins, Larimer County. Zoned E. The suite also benefits from a second entrance to the unit via a ramp at the back of the building, providing ADA accessibility.
For buyers looking for a move-in-ready professional office, the current configuration supports patient-facing operations with reception, waiting, and procedure-oriented spaces. The presence of private offices and two restrooms also makes the suite workable for general office teams, while the ADA-accessible back entrance offers a practical option for staff and client access.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.04786
- Latitude
- 40.57238