Live-Work and Office
705 N Us Highway 287 Fort Collins, CO 80524
705 N Us Highway 287, Fort Collins, CO, 80524
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For Sale
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Two-unit multi-use property offering residential and office flexibility with commercial corridor zoning.
Property Size1,488 SF
Price / SF$369.62
Days on Market162
Property Features for 705 N Us Highway 287
General Information
- Standard status
- Active
- Size
- 1,488 SF
- Property subtype
- OFFICE
Listing agency
WayPoint Real Estate
(970) 213-5063
Listed by
Jack Chunko · License #100101170
Source
Moodyscre
Added: Feb 10 Updated: Jul 21 at 10:14PM Checked: Jul 22 at 3:34AM
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 WayPoint Real Estate
Investment Insights
Based on property information with market context.
This unique two-unit multi-use building is designed for flexible use, combining residential and office options within the same property. With its live-work and office configuration, it can support a range of occupancy approaches based on how the units are arranged.
The property is located at 705 N Us Highway 287 in Fort Collins, CO, and is described as being in an area with commercial corridor zoning. The total building size is listed as 1,488 square feet, offering a compact footprint for buyers or tenants seeking a mixed-use setup.
The property is located at 705 N Us Highway 287 in Fort Collins, CO, and is described as being in an area with commercial corridor zoning. The total building size is listed as 1,488 square feet, offering a compact footprint for buyers or tenants seeking a mixed-use setup.
Key Highlights
- Two‑unit multi‑use property with residential and office flexibility
- Designed for mixed residential and office use under commercial corridor zoning
Local Financial Insights For Mixed Use
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 | $36.6k | $24.60 |
| − Vacancy | −$2.7k | −$1.85 |
| EGI | $33.9k | $22.76 |
| − OpEx | −$12.7k | −$8.53 |
| NOI | $21.2k | $14.22 |
1,488 SF · lease $24.60/SF/yr · vacancy 7.50% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$302.3K
$264.5K – $352.7K
NOI $21,162 @ 7.0% cap · market cap 3.85%
Second Best
Office B
$298.3K
$261.0K – $348.0K
NOI $20,880 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$387.5K
$339.0K – $452.1K
NOI $27,123 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Two-unit multi-use property offering residential and office flexibility with commercial corridor zoning.
Where is this live-work space located?
The property is located at 705 N Us Highway 287 Fort Collins, CO.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two‑unit multi‑use property with residential and office flexibility; Designed for mixed residential and office use under commercial corridor zoning
