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    Flex/Retail Investment Property Title is generated by Realmo AI

    3501 S Mason, Fort Collins, CO 80525

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    New
    For Sale
    $4,800,000

    Well-maintained flex/retail building with multiple separately metered tenant suites and large roll-up door access.

    Type:Commercial
    Property size:
    24,750 SF
    Lot size:
    1.37 Acres
    Price / SF:
    $193/SF
    Added:
    Jun 9, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 13 at 4:28 am

    Property Features for 3501 S Mason

    General Information

    Standard status
    Active
    Size
    24,750 SF
    Lot size
    1.37 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1972

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    Listing Contact
    LUKE MCFETRIDGE

    Listing agent LUKE MCFETRIDGE License #100043187

    Listing office Level Real Estate

    Listing date Jun 9, 2026

    Source Corcoran

    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 Level Real Estate

    HighLights

    • 24,750 SF flex/retail building on 1.37 acres in Midtown Fort Collins (3501‑3509 Mason Street), built in 1972
    • Seven separately metered tenant suites—each metered individually for flexible future use, including potential condo conversion
    • Ten 12‑foot roll‑up garage doors plus large multi‑tenant configuration designed to support a range of tenants
    • 14 bathrooms and 66 reserved parking stalls for tenant and customer access
    • Capital improvements include HVAC and roof upgrades in 2020, exterior repaint in 2024, and parking lot resurfacing in 2026

    Overview

    This flex/retail property totals 24,750 SF on 1.37 acres and is arranged for multiple occupants, with seven individual tenant spaces that are separately metered. The building is supported by ten 12-foot roll-up garage doors and 14 bathrooms. Parking for the site includes 66 reserved stalls, providing on-site options for tenant and customer use. Recent capital work includes HVAC and roof upgrades completed in 2020, exterior repainting in 2024, and a parking lot resurfacing in 2026.

    The property is located at 3501-3509 Mason Street in Fort Collins, just off South College Avenue, offering straightforward access and strong day-to-day convenience for users of the space. Its multi-tenant configuration can also support an operator seeking a building with varied suite needs under one ownership structure.

    For buyers, this asset combines a low-maintenance track record with practical flexibility, including the ability to operate seven separately metered spaces. The physical setup, with multiple roll-up doors and reserved parking, can support a range of flex-oriented businesses looking for functional loading and easy access for employees and clients.

    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 $561.3k $22.68
    − Vacancy −$28.1k −$1.13
    EGI $533.3k $21.55
    − OpEx −$160.0k −$6.46
    NOI $373.3k $15.08
    24,750 SF · lease $22.68/SF/yr · vacancy 5.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $5.33M
    $4.67M – $6.22M (±1% cap)
    NOI $373,284 @ 7.0% cap · market cap 7.78%
    Second Best
    Warehouse
    $4.32M
    $3.78M – $5.04M (±1% cap)
    NOI $302,309 @ 7.0% cap · market cap 6.30%
    Theoretical Best
    Office A
    $6.44M
    $5.64M – $7.52M (±1% cap)
    NOI $451,143 @ 7.0% cap · market cap 9.40%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Front Range Classical ... Training Center The Space Training Center Colorado's Reliable Electric ... Solar Energy Company The Gigging Singer Tutoring Service Condello Airless & Equipment ... Hardware & Home Improvement

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Clean Eatz — 103 W Harvard St, Fort Collins, CO 80525
    • Debbie's Dishes — 3030 s college ave, fort collins, co 80525

    Location Insight

    • Map
    • Local Demand
    City
    Fort Collins
    County
    Larimer
    State
    Colorado
    Longitude
    -105.0796077
    Latitude
    40.5397322

    FAQs

    What type of property is this?
    Flex space - Well-maintained flex/retail building with multiple separately metered tenant suites and large roll-up door access.
    Where is this flex space located?
    The property is located at 3501 S Mason Fort Collins, CO.
    What is the asking price?
    The asking price for this property is $4,800,000.
    What are key features of this property?
    This property features: 24,750 SF flex/retail building on 1.37 acres in Midtown Fort Collins (3501‑3509 Mason Street), built in 1972; Seven separately metered tenant suites—each metered individually for flexible future use, including potential condo conversion; Ten 12‑foot roll‑up garage doors plus large multi‑tenant configuration designed to support a range of tenants
    More about this property
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