345 Mountain Ave E Fort Collins, CO 80524
For Sale
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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.
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Fusebox Studio Photography Service (Bike/Boat/Book/etc) Store
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Thermo Fisher Scientific Production Facility
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Lava Converters Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.