Renovated Flex Space with
For Sale
$549,000
154 Mountain Ave, Berthoud, CO 80513
Renovated flex space with roll-up doors, a walk-in cooler, and outdoor area.
Property Size2,304 SF
Days on Market47
Property Features for 154 Mountain Ave
General Information
Standard status
Active
Size
2,304 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$20,619
Building Details
Building Size
2,304 SF
Year Built
1949
Listing Agency:
Realtec Loveland
Listed By:
Bruce Campbell · License #100041380
(970) 231-6824
Source:
Elliman
Added: Sep 11
Changed: Oct 26
Last Checked: Oct 26 at 4:30PM
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 Realtec Loveland
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Investment Insights
Based on property information with market context.
Built in 1949, this 2,304-square-foot flex property has been renovated and includes glass roll-up doors, a barrel ceiling, and a walk-in cooler. The building is vacant and configured for owner-user occupancy, with additional outdoor space available for property activities.
The site occupies the corner of Mountain Avenue and 2nd Street in Berthoud, Colorado. It carries M1 Light Industrial zoning and is within the Mountain Avenue Overlay and 1st Street Corridor. The property is located at 154 Mountain Ave and offers access to both intersecting streets.
The site occupies the corner of Mountain Avenue and 2nd Street in Berthoud, Colorado. It carries M1 Light Industrial zoning and is within the Mountain Avenue Overlay and 1st Street Corridor. The property is located at 154 Mountain Ave and offers access to both intersecting streets.
Key Highlights
- 2,304 SF renovated flex building
- Glass roll‑up doors, barrel ceiling, and walk‑in cooler
- Vacant property suited to owner‑user occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,809
Cap Rate
4.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,180
$496.2K
Cap Rate 7%
$354,414
$354.4K
Cap Rate 9%
$275,656
$275.7K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$31.9K $13.86/SF
− Vacancy
−$2.7K −$1.19/SF
EGI
$29.2K $12.67/SF
− OpEx
−$4.4K −$1.90/SF
NOI
$24.8K $10.77/SF
Area
Larimer County, CO
Vacancy
8.60%
Lease Rate
$13.86 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$496,180
Cap Rate 7%
$354,414
Cap Rate 9%
$275,656
Alternative Uses
Best Use
Warehouse
$354.4K
$310.1K – $413.5K
NOI $24,809 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$291.9K
$255.4K – $340.5K
NOI $20,431 @ 7.0% cap · market cap 3.72%
Theoretical Best
Office A
$618.4K
$541.1K – $721.5K
NOI $43,290 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
592
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 80513, CO
15,824
Population
6,563
Households
2.4
Avg Household Size
42
Median Age
44%
College-Educated
97%
High-School Grad
71.4 sq mi
ZIP Area
222
Density / Sq Mi
$117,024
Median Household Income
$53,161
Median Earnings
$1,709
Median Rent
$558,100
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Origins Catering Company — 619 E County Rd 8, Berthoud, CO 80513
Frequently Asked Questions
What type of property is this?
Flex space - Renovated flex space with roll-up doors, a walk-in cooler, and outdoor area.
Where is this flex space located?
The property is located at 154 Mountain Ave Berthoud, CO.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 2,304 SF renovated flex building; Glass roll‑up doors, barrel ceiling, and walk‑in cooler; Vacant property suited to owner‑user occupancy
