Bungalow-Style Office Building with
330 E Mulberry St Fort Collins, CO 80524
330 E Mulberry St, Fort Collins, CO, 80524
$799,000
For Sale
$799,000
Bungalow-style office building with wood floors, a wood-burning fireplace, and parking on a 9,500 sf lot.
Property Size2,232 SF
Lot Size0.22 Acres
Price / SF$357.97
Days on Market78
Property Features for 330 E Mulberry St
General Information
- Standard status
- Active
- Size
- 2,232 SF
- Lot size
- 0.22 Acres
Listing agency
RE/MAX Comm. Alliance-FTC Dwtn
(970) 215-7016
Listed by
Michelle Hickey Crawford · License #40038721
(970) 215-7016
Source
Exprealty
Added: May 6 Updated: Jul 21 at 12:37PM Checked: Jul 21 at 12:37PM
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.
Priced for sale at $799,000, this bungalow-style office property offers 2,232 square feet across a main level and lower level, plus a detached 252-square-foot garage on a 9,500-square-foot lot. The main level includes wood floors, a conference room, three separate offices/areas, a wood-burning fireplace, and CAT6 network wiring. The lower level is 900 square feet and is currently used as office space, with prior leasing history as a unit that included a washer and dryer.
Located in the Old Town District zoning, the property was built in 1920 (YOC 1920) and is positioned for strong exposure, with 26,833 vehicles per day noted. The property has a detached garage and parking.
Historical uses include a real estate company, hair salon, and software company. The current occupant’s lease ends 7/31/26 with no option to renew.
Located in the Old Town District zoning, the property was built in 1920 (YOC 1920) and is positioned for strong exposure, with 26,833 vehicles per day noted. The property has a detached garage and parking.
Historical uses include a real estate company, hair salon, and software company. The current occupant’s lease ends 7/31/26 with no option to renew.
Key Highlights
- 2,232 SF bungalow‑style office on a 9,500 SF lot, priced at $799,000 ($358 per SF).
- Main level (1,332 SF) features wood floors, conference room, three separate offices/areas, and a wood‑burning fireplace, plus Cat6 network wiring.
- Lower level (900 SF) currently used as office; previously leased as an apartment with a washer and dryer.
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 | $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
NOI $31,320 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$581.2K
$508.6K – $678.1K
NOI $40,685 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Right at Home
Home Health Care Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Bungalow-style office building with wood floors, a wood-burning fireplace, and parking on a 9,500 sf lot.
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 $799,000.
What are key features of this property?
This property features: 2,232 SF bungalow‑style office on a 9,500 SF lot, priced at $799,000 ($358 per SF).; Main level (1,332 SF) features wood floors, conference room, three separate offices/areas, and a wood‑burning fireplace, plus Cat6 network wiring.; Lower level (900 SF) currently used as office; previously leased as an apartment with a washer and dryer.
