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Property profile & analytics
FOR LEASE
Turn key restaurants

230 S College Ave Fort Collins, CO 80524

5,710 SF 0.13 ac lot Built 1908
Entity Owned 14-yr Hold ~ Est. High Equity
Property ID
US13-2793265
Property summary
AI-generated overview

This exceptional 5,740-square-foot turnkey restaurant/retail space is ideally situated in the vibrant Old Town Fort Collins area at 230 S College Ave, zip code 80524. Currently vacant, this single-tenancy property offers an unparalleled opportunity for a discerning restaurateur or retailer. The space boasts impressive features including high ceilings, attractive exposed brick walls, and large storefront windows that maximize natural light and provide excellent street visibility. A sizable patio area further enhances the property's appeal, offering additional outdoor seating or display space. Convenient street parking is readily available, supplemented by a nearby municipal parking lot for added customer convenience. The strategic location ensures abundant foot and vehicle traffic, guaranteeing high visibility and potential for significant customer engagement. The dual entry points and flexible layout provide versatility, making it suitable for a variety of concepts, including a dual-concept establishment. This property presents a rare chance to establish a thriving business in a highly desirable location. The space is ready for immediate occupancy.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1908
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,710 SF
Lot 0.13 ac (5,663 SF)
APN 97123-19-021
UPID US13-2793265
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
  • Urban Egg a daytime eatery Restaurant Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$505k
CAP Approach CAP
by Request
Comparable Approach Comparable
$830k
Blend (final) Blend
$665k
Owner & transaction history
230 LLC · 14 yrs held
230 LLC
since 2011
7 recorded transactions
2011
$990,000
2011
Price N/A
2006
$1.2M
2006
Price N/A
2005
$765,000
2005
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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