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    OFF-MARKET
    Retail properties & Spaces

    343 College Ave, Fort Collins, CO 80524

    1,500 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 1,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Fort Collins Mobile Semi Truck Repair Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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