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Auto Repair Shop For Sale

2339 E Mulberry St, Fort Collins, CO 80524

For Sale
Contact for pricing

Commercial automotive repair facility in established Fort Collins neighborhood.

Property Size3,124 SF
Lot Size0.33 Acres
Price / SF$316.90
Days on Market261

Property Features for 2339 E Mulberry St

General Information

Standard status Active
Size 3,124 SF
Class C
Lot size 0.33 Acres
Property subtype Retail, Industrial
Investment Type Owner/User

Building Details

Year Built 1959
Year Renovated 2008
Listing Agency: Step Commercial Real Estate
Listed By: Manuel Martin · License CO FA100100336
Source: Crexi
Added: Feb 25 Changed: Nov 11 Last Checked: Nov 12 at 7:56AM

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 Step Commercial Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property is a commercial automotive repair facility with approximately 3,124 square feet of building space on a 0.33-acre lot. Historically, it has been used as an auto repair and maintenance shop. The building is equipped to accommodate vehicle maintenance, diagnostic, and repair functions typical for a full-service independent auto shop. All FF&E is included in the purchase price. The property is situated in Fort Collins, Colorado, in a mixed commercial-industrial corridor east of the city’s downtown core, with good visibility from Mulberry Street, a busy east–west thoroughfare in the area. The property lies within Larimer County and is part of an established automotive and service-oriented neighborhood with convenient access to major roads and a strong local traffic base. The location supports both local vehicle traffic and customers from surrounding communities.

Key Highlights

  • Existing auto repair facility with 3,124 sq ft building on 0.33 acre lot.
  • All FF&E included in the purchase price.
  • Located on busy Mulberry Street with good visibility.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$47,117
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,340 $942.3K
Cap Rate 7%
$673,100 $673.1K
Cap Rate 9%
$523,522 $523.5K
Market Conditions
NOI Build-Up for 3,124 SF
Gross rent
$70.9K $22.68/SF
− Vacancy
−$3.5K −$1.13/SF
EGI
$67.3K $21.55/SF
− OpEx
−$20.2K −$6.46/SF
NOI
$47.1K $15.08/SF
Area
Fort Collins, CO
Vacancy
5.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,340
Cap Rate 7%
$673,100
Cap Rate 9%
$523,522

Alternative Uses

Best Use
Retail
$673.1K
$589.0K – $785.3K (±1% cap)
NOI $47,117 @ 7.0% cap · market cap 4.76%
Second Best
Industrial
$448.9K
$392.8K – $523.7K (±1% cap)
NOI $31,424 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$813.5K
$711.8K – $949.1K (±1% cap)
NOI $56,944 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Jk's Auto Care ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Nail Salon Restaurant Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
Well-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Fort Collins Mobile Mechanic — 1552 Riverside Ave, Fort Collins, CO 80524
  • Seneff Transmission And Performance — 1554 Riverside Ave, Fort Collins, CO 80524
  • Tim's Quality Automotive — 1608 Riverside Ave, Fort Collins, CO 80524
  • Crash Champions Collision Repair Mulberry Street — 1617 E Mulberry St, Fort Collins, CO 80524
  • CarStar Car Inspections — 1833 E Mulberry St, Fort Collins, CO 80524

Frequently Asked Questions

What type of property is this?
Auto shop - Commercial automotive repair facility in established Fort Collins neighborhood.
Where is this auto shop located?
The property is located at 2339 E Mulberry St Fort Collins, CO.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Existing auto repair facility with 3,124 sq ft building on 0.33 acre lot.; All FF&E included in the purchase price.; Located on busy Mulberry Street with good visibility.
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Includes: Price & PSF · Cap rate · Location · Zoning

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