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    Office Suite in Professional Arts Building Title is generated by Realmo AI

    1513 Riverside Ave, Fort Collins, CO 80524

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    Claim this Listing
    For Sale
    Under Contract
    $390,000

    SINGLE_FAMILY - Fort Collins, CO

    Type:Office
    Property size:
    2,387 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $163/SF
    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

    We can help!

    Contact an agent
    Craig C Hau

    Listing agent Craig C Hau

    Listing office Group Centerra 5401 Stone Creek Cir, Fort Collins, CO

    Listing date Apr 10, 2025

    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.

    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

    This owner-user office suite is available for sale in the Professional Arts Building Condominiums and is located on the upper level. The space totals 2,387 rentable SF and is currently laid out as a dental office, including procedure areas, a waiting room, and a reception area with a built-in desk. Additional improvements include a wet bar, private offices, and two private restrooms. The layout is designed to support a professional services use and could be converted to general office or other compatible uses.

    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
    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 (±1% cap)
    NOI $33,495 @ 7.0% cap · market cap 8.59%
    Second Best
    Healthcare Medical
    $474.3K
    $415.1K – $553.4K (±1% cap)
    NOI $33,204 @ 7.0% cap · market cap 8.51%
    Theoretical Best
    Office A
    $621.6K
    $543.9K – $725.2K (±1% cap)
    NOI $43,510 @ 7.0% cap · market cap 11.16%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Real Estate Agency Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Catering Service Furniture & Home Goods

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.04786
    Latitude
    40.57238

    FAQs

    What type of property is this?
    Office units - Upper-level office suite with ADA-accessible second entrance and flexible interior layout currently configured for dental use.
    Where is this office units 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
    More about this property
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