425 College Ave Fort Collins, CO 80524
- Auto shops
- 2,927 SF
- 0.21 lot acres
Current Use by Public Records
- Lucky's Market / Supermarket / Grocery Store
- Motherlove Herbal Company / Herb Shop
- J & M Precision Automotive, Auto Repair and Maintenance / Auto Repair Shop / Auto Body Shop
- Northern Lights Coffee Roasters / Coffee Stand / Coffee Roasters
- Fresh Produce / Grocery Store
Property Details for 425 College Ave
- Year built
- 1946
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.21 lot acres
- Property size
- 2,927 SF
- Property type
- Auto shops
- APN
- 97111-15-006
- APU
- 9711115006
Description
This exceptional investment opportunity presents two buildings totaling 4,019 square feet situated on a 0.38-acre lot in Fort Collins, Colorado. Located at 425 & 429 N College Ave, this property boasts 300 feet of high-visibility frontage on College Avenue, experiencing an average daily traffic count of 31,898 vehicles. Built in 1946 and 1958 (with a 2004 renovation to one building), the buildings offer a combined 4,019 square feet of space, priced at $1,690,000 ($420.50 per square foot). The property benefits from its location within the Colorado Enterprise Zone, providing attractive tax incentives. The site offers full access onto and off College Avenue, and includes all trade fixtures. Historically used for vehicle sales and automotive repair, this property is zoned for Enterprise Zone use and is situated within the Downtown Development Authority and the Downtown District and Innovation Subdistrict. The larger building at 425 N College Ave encompasses 2,927 square feet on a 9,026 square foot parcel, while the smaller building at 429 N College Ave offers 1,092 square feet on a 7,405 square foot parcel. This prime location and established use make this a compelling investment opportunity for those seeking a high-traffic, well-positioned commercial property in a thriving Colorado market.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $315,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $268,000
Market price range: $190k - $467k
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Location Insight
- Map
- Local Demand
- City
- Fort Collins
- County
- Larimer
- State
- Colorado
- Longitude
- -105.077
- Latitude
- 40.5934
- CBSA code
- 22660
- CBSA name
- FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA