343 College Ave Fort Collins, CO 80524
- Retail properties
- 1,500 SF
Current Use by Public Records
- Fort Collins Mobile Semi Truck Repair / Truck Repair Shop
Property Details for 343 College Ave
- Property size
- 1,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents four retail condo units within the highly anticipated Block 23 redevelopment project in Fort Collins, Colorado. Located at 343 N College Ave, this property boasts a prime location in Old Town, directly on College Avenue between Maple and Cherry Streets. The development encompasses a 1.74-acre site and includes a four-story, 160-unit senior living facility, 20,000 square feet of ground-floor retail space, and a parking garage. The retail units range from 1,500 to 11,500 square feet, offering flexibility for various uses, including pharmacy/drug stores, restaurants, and other storefront businesses. The asking price is $886,500, translating to $591 per square foot. This price includes pro-rata ownership of parking spaces within the development's parking garage. The property benefits from its proximity to the Fort Collins Transit Center, the Poudre Trail, and the Poudre River Whitewater Park, ensuring high visibility and accessibility. Surrounding the development are numerous single-family and multi-family residential communities, including Old Town North, Northfield, Mosaic, Mountain Vista, and Montava, providing a strong and growing customer base. This is a rare chance to acquire retail space in a thriving, revitalized area of Old Town Fort Collins. The property's strategic location and the inclusion of parking make this an attractive investment for discerning buyers.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.077
- Latitude
- 40.592
