Mixed-Use Corner
For Sale
Under Contract
$2,000,000
211 Jefferson St, Fort Collins, CO 80524
Commercial Sale, Fort Collins, CO
Property Size8,000 SF
Lot Size0.22 Acres
Price / SF$250
Days on Market50
Property Features for 211 Jefferson St
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
D
Subdivision
Ftc
Lot features
Paved, Curbs, Gutters, Sidewalks, Street Light, Alley
Elementary school district
Poudre
Middle school district
Poudre
High school district
Poudre
Standard status
Active Under Contract
APN
R0043117
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
33479
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1901
Building materials
Brick
Roof type
Flat
Listing Agency:
Group Harmony
(970) 229-0700
Listed By:
Rhett Strom · License #IREP22798
(970) 692-4454
Added: Aug 26
Changed: Sep 30
Last Checked: Oct 14 at 6:06AM
MLS# 1067266
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.
Investment Insights
Based on property information with market context.
This brick mixed-use property has apartments on the upper floor and several commercial components at street level. The ground floor includes office or retail space alongside a restaurant with access to a patio. Central air serves the building, which was constructed in 1901 and has a flat roof. The parcel measures 0.22 acres and includes on-site parking.
The property sits two blocks from Old Town Square in Fort Collins. Public water and sewer serve the site, and the zoning designation is D.
The property sits two blocks from Old Town Square in Fort Collins. Public water and sewer serve the site, and the zoning designation is D.
Key Highlights
- Upper‑floor apartments above a ground floor with office or retail space and a restaurant
- Restaurant space connects to a patio
- 0.22‑acre corner parcel with on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$137,520
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,750,400
$2.8M
Cap Rate 7%
$1,964,571
$2.0M
Cap Rate 9%
$1,528,000
$1.5M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$192.0K $24.00/SF
− Vacancy
−$8.6K −$1.08/SF
EGI
$183.4K $22.92/SF
− OpEx
−$45.8K −$5.73/SF
NOI
$137.5K $17.19/SF
Area
Fort Collins, CO
Vacancy
4.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,750,400
Cap Rate 7%
$1,964,571
Cap Rate 9%
$1,528,000
Alternative Uses
Best Use
Specialty Retail
$1.96M
$1.72M – $2.29M
NOI $137,520 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$1.72M
$1.51M – $2.01M
NOI $120,658 @ 7.0% cap · market cap 6.03%
Theoretical Best
Office A
$2.08M
$1.82M – $2.43M
NOI $145,824 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
3,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 80524, CO
39,030
Population
17,548
Households
2.2
Avg Household Size
37
Median Age
52%
College-Educated
94%
High-School Grad
122.7 sq mi
ZIP Area
318
Density / Sq Mi
$84,440
Median Household Income
$45,046
Median Earnings
$1,623
Median Rent
$527,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A multilevel building combines apartments with office, retail, and restaurant space on a corner parcel.
Where is this mixed-use property located?
The property is located at 211 Jefferson St Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Upper‑floor apartments above a ground floor with office or retail space and a restaurant; Restaurant space connects to a patio; 0.22‑acre corner parcel with on‑site parking
