111 Meldrum St Fort Collins, CO 80521-2727
This exceptional mixed-use property at 111 S Meldrum St, Fort Collins, CO 80521, presents a compelling investment opportunity. The 6,408 square foot building boasts a prime location in Old Town Fort Collins, a nationally recognized destination for retail and business, situated just two blocks from the heart of Old Town at College and Mountain Avenues. Its strategic placement ensures high foot traffic, benefiting from proximity to Colorado State University and the vibrant energy of the surrounding shops and restaurants. The building is currently 100% leased, comprising renovated first-floor office and retail space, along with four apartments on the second floor. This translates to a compelling asking price of $2,060,389, representing a price per square foot of $321.53 and a projected cap rate of 5.50%. The property's strong tenant base and desirable location in Old Town Fort Collins, a major regional attraction drawing visitors from across Colorado and even Wyoming, promise consistent rental income and significant long-term appreciation potential. This rare opportunity offers a blend of stable income and growth potential in a thriving Colorado market. The property's size and diverse tenant mix provide a balanced and resilient investment portfolio. Don't miss this chance to acquire a highly sought-after mixed-use asset in one of Colorado's most dynamic and desirable locations.
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BHA Design Inc Landscaping (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.