Property summary
This exceptional 30,260 square foot restaurant property, known as South College Shops, is located at 2427-2451 South College Avenue in Fort Collins, Colorado, 80525, within Larimer County. The single-story building sits on a 3.32-acre lot and was renovated in 2024. It's zoned C – Commercial (City of Fort Collins). The land value is estimated at $500-$550 per square foot. Ample parking is provided, with a ratio of 110 spaces per 1,000 square feet. This prime location benefits from significant development activity. A King Soopers grocery store is under construction directly adjacent to the south, anticipated to open by the end of 2024. A proposed Edison multi-family development with 224 apartment units is planned immediately to the north. Furthermore, a national bank is proposing redevelopment directly to the east. The proximity to Colorado State University, approximately one mile away, with its 24,433 undergraduate students, ensures a substantial and consistent customer base. This presents a unique opportunity for a restaurant operator to establish themselves in a thriving and rapidly developing area of Fort Collins.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store Alternative Medicine Practice
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Spa & Massage Center
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Hair Salon Nail Salon
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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