Fort Collins Office Suite For
1513 Riverside #1 Fort Collins, CO 80524
1513 Riverside #1, Fort Collins, CO, 80524
$390,000
For Sale
$390,000
Northeast Fort Collins office suite suitable for owner-user.
Property Size2,387 SF
Lot Size0.14 Acres
Price / SF$163.39
Days on Market468
Property Features for 1513 Riverside #1
General Information
- Standard status
- Active
- Size
- 2,387 SF
- Lot size
- 0.14 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1972
Listing agency
Group Harmony
(970) 229-0700
Listed by
CRAIG C HAU
Source
Corcoran
Added: Apr 10, 2025 Updated: Jul 6 at 10:04AM Checked: Jul 21 at 4:45AM
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 Group Harmony
Investment Insights
Based on property information with market context.
An owner-user office suite is available for sale in northeast Fort Collins. Located in the Professional Arts Building Condominiums, this upper-level office suite offers 2,387 rentable square feet. The current layout is designed as a dental office, featuring procedure areas, a waiting room, a reception area with a built-in desk, a wet bar, private offices, and two private restrooms. A second entrance at the back of the building provides ADA accessibility via a ramp.
Key Highlights
- 2,387 SF office suite ideal for owner‑user.
- Currently configured as a dental office with procedure areas, waiting room, and reception.
- Located in the Professional Arts Building Condominiums in northeast Fort Collins.
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
Similar For Sale Nearby
Similar Off Market Nearby
- Fort Collins Veterinary Emergency Hospital — 816 S Lemay Ave, Fort Collins, CO 80524
- Moore Animal Hospital — 1812 Jessup Dr, Fort Collins, CO 80525
- Red Sage Integrative Veterinary Partners — 1006 Luke St, Fort Collins, CO 80524
FAQs
What type of property is this?
Medical Office Space - Northeast Fort Collins office suite suitable for owner-user.
Where is this medical office space located?
The property is located at 1513 Riverside #1 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: 2,387 SF office suite ideal for owner‑user.; Currently configured as a dental office with procedure areas, waiting room, and reception.; Located in the Professional Arts Building Condominiums in northeast Fort Collins.
