345 Mtn Ave Fort Collins, CO 80524-2913
- Life science properties
- 10,500 SF
- 0.22 lot acres
Current Use by Public Records
- Fusebox Studio / Photographer
- Thermo Fisher Scientific / Medical Technology Manufacturer
- Lava Converters / Car Wash
Property Details for 345 Mtn Ave
- Year built
- 1901
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.22 lot acres
- Property size
- 10,500 SF
- Property type
- Life science properties
- APN
- 97123-16-005
- APU
- 9712316005
Description
This exceptional investment opportunity presents a rare chance to acquire a 10,500 square foot, single-tenant, net-leased office building located at 345 E Mountain Ave in the heart of Fort Collins, Colorado's vibrant downtown district. The property sits on a sizable 0.22-acre lot (APN 9712316005) and is currently 100% occupied by Thermo Fisher Scientific (Life Technologies Corporation), offering immediate cash flow and future upside potential. The building boasts a desirable location on Mountain Avenue, a highly sought-after area known for its strong tenant demand. The building itself features eight private offices, a conference room, a kitchen, and substantial open workshop space spread across two floors. Convenient access to an exclusive parking area and alley access via an overhead rear door adds significant value. The asking price is $2,500,000, translating to $238.10 per square foot. This property is zoned for Downtown District use, ensuring flexibility for future development or continued operation as a high-performing office space. This is a unique opportunity to acquire a stable, income-producing asset in a prime location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $555,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $639,000
Market price range: $187k - $1.37M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.073
- Latitude
- 40.5866
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA