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Bungalow Style Office Building with Fireplace
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330 E Mulberry St, Fort Collins, CO 80524

Bungalow-style office with wood floors, multiple private offices, a conference room, and on-site parking in the Old Town District.

Property Size2,232 SF
Lot Size0.22 Acres
Price / SF$335.57
Days on Market86

Property Features for 330 E Mulberry St

General Information

Standard status Active
Size 2,232 SF
Lot size 0.22 Acres
Property subtype OFFICE
Zoning Old Town District
Occupancy 100%

Amenities

wood floors
conference room
wood burning fireplace
cat6 network wired

Building Details

Year Built 1920
Stories 2
Building Size 2,232 SF
Construction Bungalow
Tenancy Single
Owner Occupied No
Abandoned No
Listing Agency: RE/MAX Commercial Alliance
Listed By: Michelle Hickey-Crawford
Source: Moodyscre
Added: May 7 Changed: Jul 30 Last Checked: Jul 30 at 3:02AM

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 Commercial Alliance

Investment Insights

Based on property information with market context.

Bungalow-style office building designed for a professional, multi-room setup. The main level offers 1,332 SF with wood floors, a conference room, three separate offices/areas, and a wood burning fireplace, plus Cat6 network wiring.

The lower level provides 900 SF and is currently used as office space. Per prior configuration, it was previously leased as an apartment with a washer and dryer. The property also includes a 252 SF detached garage and sits on a 9,500 SF lot.

Located at 330 E Mulberry St in Fort Collins’ Old Town District zoning, the building’s year of construction is 1920. The current occupant’s lease ends 7/31/26 with no option to renew.

Key Highlights

  • Main level includes 1,332 SF with wood floors, conference room, three separate offices/areas, wood burning fireplace, and Cat6 wiring
  • Lower level offers 900 SF, currently used as office space
  • 252 SF detached garage

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 $49.0k $21.96
− Vacancy −$7.3k −$3.25
EGI $41.8k $18.71
− OpEx −$10.4k −$4.68
NOI $31.3k $14.03
2,232 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$447.4K
$391.5K – $522.0K (±1% cap)
NOI $31,320 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$581.2K
$508.6K – $678.1K (±1% cap)
NOI $40,685 @ 7.0% cap · market cap 5.43%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Right at Home Home Health Care Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Tanning Salon Clothing & Fashion Store 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.

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,547
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Bungalow-style office with wood floors, multiple private offices, a conference room, and on-site parking in the Old Town District.
Where is this office building located?
The property is located at 330 E Mulberry St Fort Collins, CO.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Main level includes 1,332 SF with wood floors, conference room, three separate offices/areas, wood burning fireplace, and Cat6 wiring; Lower level offers 900 SF, currently used as office space; 252 SF detached garage
(970) 215-7016 Call to check price and availability
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