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Property profile & analytics
OFF-MARKET Estimated value $1,540,000
Turn key restaurants

122 Laurel St Fort Collins, CO 80524-3026

2,708 SF 0.18 ac lot Built 1916
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-0951258
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1916
Construction WOOD FRAME
Total area 2,708 SF
Lot 0.18 ac (7,841 SF)
APN 97141-14-028
UPID US13-0951258
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
  • B&B Pickle Barrel Take-out & Catering
  • ATM Atm
  • Pickle Barrel Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.48M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$1.54M
Owner & transaction history
Zfh 122 W Laurel LLC · 3 yrs held
Zfh 122 W Laurel LLC
since 2022
Last sale
$1.6M
4 recorded transactions
2022
$1.4M
2021
$1.4M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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