Clocktower Square Office For
323 S College #5 6 Fort Collins, CO 80524
For Sale
$844,800
Office suites for sale or lease in downtown Fort Collins.
Property Size3,840 SF
Lot Size0.16 Acres
Price / SF$220
Days on Market467
Property Features for 323 S College #5 6
General Information
- Standard status
- Active
- Size
- 3,840 SF
- Lot size
- 0.16 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1952
Listing Agency:
RE/MAX Comm. Alliance-FTC Dwtn
(970) 215-7016
Listed By:
MICHELLE HICKEY CRAWFORD · License #40038721
Source:
Corcoran
Added: Apr 16, 2025
Changed: Jul 6
Last Checked: Jul 26 at 9:44AM
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 Comm. Alliance-FTC Dwtn
Investment Insights
Based on property information with market context.
Located in downtown Fort Collins, Clocktower Square offers office suites for sale or lease. Suites 5 and 6, totaling 3,840 square feet, are available for sale together for $921,600. The seller is open to negotiating a 6-month lease back of the property, with the rate to be determined. Suite 6, comprising 1,488 square feet, is available for lease at $10-12.00 per square foot NNN, with NNN estimated at $12.19 per square foot. Suites 5 and 6 benefit from end-cap space, providing increased natural light. The space is currently designed for professional office uses. The property features easy access off College Avenue and is situated in downtown Fort Collins. Monument signage on College Avenue offers high exposure. The property is located within the Downtown District Zoning area and utilizes Comcast as its IT provider.
Key Highlights
- Premium downtown Fort Collins location with excellent parking.
- Rare opportunity to purchase office space in Clocktower Square.
- Flexible layout with 3,840 SF available for sale (Suites 5 & 6).
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 | $84.3k | $21.96 |
| − Vacancy | −$12.5k | −$3.25 |
| EGI | $71.8k | $18.71 |
| − OpEx | −$18.0k | −$4.68 |
| NOI | $53.9k | $14.03 |
3,840 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$769.8K
$673.6K – $898.1K
NOI $53,885 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$999.9K
$875.0K – $1.17M
NOI $69,996 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Office suites for sale or lease in downtown Fort Collins.
Where is this office units located?
The property is located at 323 S College #5 6 Fort Collins, CO.
What is the asking price?
The asking price for this property is $844,800.
What are key features of this property?
This property features: Premium downtown Fort Collins location with excellent parking.; Rare opportunity to purchase office space in Clocktower Square.; Flexible layout with 3,840 SF available for sale (Suites 5 & 6).
