244 College AveFort Collins, CO 80524

Property Details for 244 College Ave

Year built

1901

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.60 AC

Property size (Sq ft)

25,319 SF

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

97122-36-001

APU

9712236001

Description

This exceptional 3,046 square foot retail or restaurant space is located in the heart of Old Town Fort Collins' vibrant Exchange building at 244 N College Ave, 80524, Larimer County, Colorado. Built in 2017, this single-tenant space boasts a versatile layout perfect for a variety of concepts. Features include a dedicated dining area, a full bar, an event space ideal for private functions, a well-equipped kitchen, private restrooms, and multiple offices. Ample storage is available, including a mezzanine level for added capacity. Enjoy a covered exterior patio, perfect for outdoor dining or events. The property benefits from prominent building signage facing College Avenue, ensuring high visibility. The space includes access to a grease trap, a key feature for food service businesses. Utilities are tenant-responsible (electric and gas). This is a rare opportunity to secure a prime location in one of Fort Collins' most sought-after areas. The property's modern design and convenient amenities make it an ideal space for a thriving business. Don't miss this chance to establish your presence in the bustling Old Town Fort Collins market.

• CAP approach

  CAP return

  Valuation

  6%

  $7,501,178

  6.5%

  $6,924,164

  7%

  $6,429,581

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,305,117

  Geo Method

  $3,242,376

• Alternative Use

  Use

  Valuation

  Residential

  $6,924,164

  Hospitality

  $6,342,497

  Educational

  $5,276,883

  Medical

  $5,458,364

  Retail

  $8,208,485

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5902

Longitude

-105.077

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.