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Property profile & analytics
FOR LEASE
Turn key restaurants

223 Linden St Fort Collins, CO 80524

8,500 SF 0.12 ac lot Built 1901
Entity Owned 3-yr Hold Free & Clear
Property ID
US13-2580945
Property summary
AI-generated overview

This exceptional property at 223 Linden Street offers a unique blend of turn-key restaurant and office/retail spaces, ideally situated just steps from Old Town Square in Larimer County. The location provides unparalleled access to a wealth of amenities and is conveniently close to several parking garages, ensuring ease of access for both employees and patrons. The existing restaurant space is fully operational and ready for immediate occupancy, presenting a fantastic opportunity for a restaurateur seeking a prime location. The office/retail spaces are equally versatile, adaptable to a variety of uses, and benefit from abundant natural light thanks to large windows. The current configuration allows for multiple tenants, offering flexibility for various business needs. Furthermore, there's a significant potential for expansion, with the possibility of adding over 400 square feet of dedicated patio space, further enhancing the appeal and functionality of the property. This presents a rare opportunity to acquire a well-established and highly visible commercial space in a thriving downtown area. The property is available for lease only. The building type is a traditional office building, although the current configuration includes a restaurant and office/retail spaces. The total square footage is not currently available. The tenancy is multiple.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1901
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 8,500 SF
Lot 0.12 ac (5,227 SF)
APN 97123-46-040
UPID US13-2580945
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
  • BMC Limited Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Humble Horizon Home Health Care Service Care Services
  • Roots And Leaves: Old Town Kava Bar Bar & Pub
  • BridgeKit Advertising Agency Marketing & Advertising
  • Gaku Ramen Fort Collins Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$650k
CAP Approach CAP
by Request
Comparable Approach Comparable
$716k
Blend (final) Blend
$660k
Owner & transaction history
Drop In The Bucket LLC · 3 yrs held
Drop In The Bucket LLC
since 2022
Last sale
$666,000
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2020
$666,000
2018
Price N/A
2014
$172,500
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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