Freestanding Retail-Showroom
3006 E Mulberry St Fort Collins, CO 80524
3006 E Mulberry St, Fort Collins, CO, 80524
$1,150,000
For Sale
$1,150,000
Freestanding building offers showroom and office areas plus kitchen, storage, paved front parking, and a fenced rear yard.
Property Size3,730 SF
Price / SF$308.31
Days on Market49
Property Features for 3006 E Mulberry St
General Information
- Standard status
- Active
- Size
- 3,730 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1960
Listing agency
Waypoint Real Estate
(970) 213-5063
Listed by
Jackson Chunko
(970) 213-5063
Source
Elliman
Added: Jun 3 Updated: Jul 20 at 8:25PM Checked: Jul 21 at 8:07AM
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 Waypoint Real Estate
Investment Insights
Based on property information with market context.
This freestanding commercial building is offered for owner/user acquisition and includes two open showroom/retail areas, seven private offices, an open work area, a full kitchen, bathroom, and dedicated storage. Interior finishes include a natural stone fireplace with wood log mantel, wood-paneled ceilings with linear LED lighting in the showroom areas, and natural light throughout the private offices. Building signage is available.
The property is located along the E. Mulberry Street corridor in close proximity to I-25 and College Avenue. The site features a paved front parking lot and a fenced rear yard. An additional separate 1,875 SF workshop building is located on the north side of the parcel and is not included in the stated 3,730 SF.
The exterior includes vertical wood board siding with a stepped parapet facade.
The property is located along the E. Mulberry Street corridor in close proximity to I-25 and College Avenue. The site features a paved front parking lot and a fenced rear yard. An additional separate 1,875 SF workshop building is located on the north side of the parcel and is not included in the stated 3,730 SF.
The exterior includes vertical wood board siding with a stepped parapet facade.
Key Highlights
- 3,730 SF freestanding commercial building built in 1960, configured for owner‑user use
- Two open showroom/retail areas plus seven private offices, open work area, full kitchen, bathroom, and dedicated storage
- Natural stone fireplace with wood log mantel and wood‑paneled ceilings with linear LED lighting in showroom areas
Local Financial Insights For Retail
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 | $84.6k | $22.68 |
| − Vacancy | −$4.2k | −$1.13 |
| EGI | $80.4k | $21.55 |
| − OpEx | −$24.1k | −$6.46 |
| NOI | $56.3k | $15.08 |
3,730 SF · lease $22.68/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$803.7K
$703.2K – $937.6K
NOI $56,257 @ 7.0% cap · market cap 4.89%
Second Best
Industrial
$536.0K
$469.0K – $625.3K
NOI $37,520 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$971.3K
$849.9K – $1.13M
NOI $67,990 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Choice City Storage
Storage Facility
Stonescape Steel Roofing ...
Roofing Company
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FAQs
What type of property is this?
Flex space - Freestanding building offers showroom and office areas plus kitchen, storage, paved front parking, and a fenced rear yard.
Where is this flex space located?
The property is located at 3006 E Mulberry St Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3,730 SF freestanding commercial building built in 1960, configured for owner‑user use; Two open showroom/retail areas plus seven private offices, open work area, full kitchen, bathroom, and dedicated storage; Natural stone fireplace with wood log mantel and wood‑paneled ceilings with linear LED lighting in showroom areas
