122 Laurel St Fort Collins, CO 80524
- Turn key restaurants
- 2,708 SF
- 0.18 lot acres
Current Use by Public Records
- B&B Pickle Barrel / Sandwich Shop
- ATM / Atm
- Pickle Barrel / Sandwich Shop / Sports Bar
Property Details for 122 Laurel St
- Year built
- 1916
- Construction
- WOOD FRAME
- Lot size
- 0.18 lot acres
- Property size
- 2,708 SF
- Property type
- Turn key restaurants
- APN
- 97141-14-028
- APU
- 9714114028
Description
This exceptional 2,690 square foot turn-key restaurant and bar space is available for lease at 122 W Laurel St in Fort Collins, Colorado. Located adjacent to Colorado State University and within walking distance of Old Town, this property boasts a rich history as the former home of the iconic Pickle Barrel for over 35 years. Extensive renovations completed within the last two years include upgrades to the patio, facade, electrical, plumbing, and mechanical systems. The rear parking lot has been transformed into a large concrete patio featuring a raised stage for live music, new fencing, and shade sails. The well-equipped kitchen includes an 8-foot Type I hood, two freezers, a main level walk-in cooler, and a basement walk-in beer cooler. Built in 1916, this single-tenant building in Larimer County offers a unique opportunity for a variety of food concepts targeting students, young professionals, and families. The property is situated in a vibrant area with high foot traffic and strong potential for success. A comprehensive equipment list is available upon request. This is a rare chance to acquire a fully renovated, historically significant property in a thriving Colorado community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,435,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,730,000
- 6.5%
- $1,545,000
- 7%
- $1,495,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,720,000
- Geo Method
- $1,395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,655,000
- Retail
- $1,580,000
- Mixed-Use
- $1,760,000
- Hospitality
- $1,805,000
- Educational
- $1,590,000
- Residential Income
- $1,410,000
- Energy
- $1,450,000
- Income-Based Land
- $1,685,000
- Food Service
- $1,750,000
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.078
- Latitude
- 40.5785
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
