Professional Office/Retail Condo For
309 Park Avenue #B Fort Lupton, CO 80621
309 Park Avenue #B, Fort Lupton, CO, 80621
$220,000
For Sale
$220,000
Professional office/retail condo in Fort Lupton Professional Plaza.
Property Size1,101 SF
Price / SF$199.82
Days on Market414
Property Features for 309 Park Avenue #B
General Information
- Standard status
- Active
- Size
- 1,101 SF
Building Details
- Year Built
- 1980
Listing Agency
RE/MAX MOMENTUM
(303) 517-0579
Listed by
CHARLES WESTRUM · License #EA.100034754
Source
Corcoran
Added: May 29, 2025 Checked: Mar 16 at 9:09 am
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 RE/MAX MOMENTUM
Investment Insights
Based on property information with market context.
This 1,101 square foot ground-floor condo is located in the Fort Lupton Professional Plaza. The unit features four private offices, a large open conference/reception area, a kitchenette, and a private restroom. The building's front façade incorporates Spanish architectural elements. The property is zoned O-R, supporting a range of professional uses such as medical, legal, financial, or service-based businesses. On-site parking is available with over 25 shared spaces. The association fees are under $150 per month. Located in historic downtown Fort Lupton, the unit is suitable for both owner/occupiers and investors. Unit C, located at 315 Park Ave, can be purchased to double the square footage.
Key Highlights
- Centrally located in historic downtown Fort Lupton, ideal for various professional uses (medical, legal, financial, service‑based).
- Flexible 1,101 SF ground‑floor unit featuring four private offices, an open conference/reception area, kitchenette, and private restroom.
- Low association fees (under $150/month) and ample on‑site parking (25+ shared spaces) offer affordability and convenience.
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 | $19.8k | $18.00 |
| − Vacancy | −$1.1k | −$0.99 |
| EGI | $18.7k | $17.01 |
| − OpEx | −$4.7k | −$4.25 |
| NOI | $14.0k | $12.76 |
1,101 SF · lease $18.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$200.7K
$175.6K – $234.1K
NOI $14,046 @ 7.0% cap · market cap 6.38%
Second Best
Retail
$177.8K
$155.6K – $207.4K
NOI $12,444 @ 7.0% cap · market cap 5.66%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Professional office/retail condo in Fort Lupton Professional Plaza.
Where is this office units located?
The property is located at 309 Park Avenue #B Fort Lupton, CO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Centrally located in historic downtown Fort Lupton, ideal for various professional uses (medical, legal, financial, service‑based).; Flexible 1,101 SF ground‑floor unit featuring four private offices, an open conference/reception area, kitchenette, and private restroom.; Low association fees (under $150/month) and ample on‑site parking (25+ shared spaces) offer affordability and convenience.
