1918 Lemay Ave Fort Collins, CO 80524
- Office buildings
- 3,358 SF
- 0.31 lot acres
Current Use by Public Records
- MANTRA / Wellness Center
- Under Pressure Therapeutics / Massage Therapist / Massage Spa
- Divine Essence Aesthetics / Facial Spa
- Askew & Gray / Doctor
- Full Cadence Consulting / Consultant
Property Details for 1918 Lemay Ave
- Year built
- 1980
- Construction
- WOOD FRAME
- Lot size
- 0.31 lot acres
- Property size
- 3,358 SF
- Property type
- Office buildings
- APN
- 87192-20-040
- APU
- 8719220040
Description
This exceptional retail property, located at 1918 S Lemay Ave in Fort Collins, Colorado, presents a compelling investment opportunity. The 4,992 square foot building, constructed in 1980, sits on a 0.62-acre lot and is currently home to seven tenants. The building features 3,358 square feet on the main and upper levels, complemented by a 1,634 square foot basement, offering versatile space for a variety of retail uses. The asking price is $800,000, translating to $160 per square foot. The property is part of a two-building campus, with the option to purchase the adjacent building as well. The campus-like setting includes attractive outdoor patio space. This property is zoned for low-density residential use (RL) in Larimer County, zip code 80524. The property's location in Fort Collins offers excellent access to a thriving community and strong retail market. This is a rare opportunity to acquire a well-occupied retail building with significant potential for growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.057
- Latitude
- 40.5608
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA