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1918 Lemay Ave Fort Collins, CO 80524

Sponsored
For Sale
$1,550,000

Two-building retail campus, 9,921 SF

Property size:
9,921 SF

Description

Added:
Dec 11, 2024
Days on Market:
421
This exceptional investment opportunity presents a two-building retail campus totaling 9,921 square feet situated on a 0.62-acre lot in Fort Collins, Colorado. The property, built in 1980, offers a unique campus-like setting with outdoor patio space and currently houses seven tenants. Each building is available for individual purchase at $800,000, or both can be acquired together for $1,550,000. The first building, located at 1918 S Lemay Ave, comprises 4,992 square feet (3,358 square feet on the main and upper levels, plus a 1,634 square foot basement), priced at $160 per square foot. The second building, situated at 1113 Stoney Hill Dr, offers 4,929 square feet (3,295 square feet on the main and upper levels, and a 1,634 square foot basement), priced at $162 per square foot. When purchased together, the combined 9,921 square feet is offered at $156 per square foot. The property is zoned 'RL' Low Density Residential District, presenting a compelling opportunity for investors seeking a diverse tenant base and attractive return on investment in a desirable Fort Collins location.

Property Features for 1918 Lemay Ave

General Information

Property type
Retail properties
Square Feet
9,921 SF
Lot Size
27,007 SF

Building Details

Year Built
1980

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Listing Contact
Michelle Hickey Crawford

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Current Use by Public Records

MANTRA Gym & Fitness Center Under Pressure Therapeutics Alternative Medicine Practice Divine Essence Aesthetics Spa & Massage Center Askew & Gray Physician Full Cadence Consulting Consultant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Fort Collins
County
Larimer
State
Colorado
Longitude
-105.0089888
Latitude
40.6358803

FAQs

What type of property is this?
Retail property - Two-building retail campus, 9,921 SF
Where is this retail property located?
The property is located at 1918 Lemay Ave Fort Collins, CO.
What is the asking price?
The asking price for this property is $1,550,000.
More about this property
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