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221 N College Ave

Fort Collins, CO 80524
  • $2,200,000
  • STATUS: Active
  • ON SITE: 274 Days
  • MLS #: 994422
UPDATED: 94 min ago
$2,200,000
  • 0
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:

School Ratings & Info

Description

Rare opportunity to own one of the premier properties on College Avenue in the heart of Old Town, Fort Collins, right across from The Exchange project. This mixed-use building offers residential use on the second floor with retail / office on main floor, along with 1,125 square feet of enclosed / secure parking space at the back of the property accessed via alley. The enclosed area / excess land has strong potential for future infill development, which is a unique option in the urban core of Old Town. The building retains the charming historic features that it was constructed with in 1916, featuring exposed brick, high ceilings, beautifully refinished hardwood floors and arched windows, while the renovated kitchens, bathrooms, open floor plan, central air & gas forced-air heat provide a modern live-work experience. Current configuration features two studio residential units on the second floor, each with a full kitchen and bathroom. The main floor commercial space is home to Golden Poppy Herbal Apothecary, a mainstay boutique retailer in Old Town.

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© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-05-18T07:43:38.7.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.taylorhomepartners.com/homes/142534753
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221 N College Ave Fort Collins, CO 80524

  • Price: $2,200,000
  • Status: Active
  • On Site: 274 Days
  • Updated: 94 min ago
  • MLS #: 994422
0
Beds
0
Baths
0
½ Baths
0.08
Acres
1916
Built
Neighborhood:
Ftc Blk 22
County:
Larimer
Area:
09 Fort Collins area
Property Description
Rare opportunity to own one of the premier properties on College Avenue in the heart of Old Town, Fort Collins, right across from The Exchange project. This mixed-use building offers residential use on the second floor with retail / office on main floor, along with 1,125 square feet of enclosed / secure parking space at the back of the property accessed via alley. The enclosed area / excess land has strong potential for future infill development, which is a unique option in the urban core of Old Town. The building retains the charming historic features that it was constructed with in 1916, featuring exposed brick, high ceilings, beautifully refinished hardwood floors and arched windows, while the renovated kitchens, bathrooms, open floor plan, central air & gas forced-air heat provide a modern live-work experience. Current configuration features two studio residential units on the second floor, each with a full kitchen and bathroom. The main floor commercial space is home to Golden Poppy Herbal Apothecary, a mainstay boutique retailer in Old Town.
Exterior Features

Construction Materials Wood/FrameBrick/Brick Veneer Exterior Features Lighting Horse YN No Lot Features CurbsGuttersSidewalksLevelWithin City Limits Parking Features Alley AccessPaved Road Frontage Type City Street Road Surface Type Paved Roof RubberFlat Spa YN No View Foothills ViewPlains ViewCity Waterfront YN No

Interior Features

Accessibility Features Near Bus Basement None Building Area Total 4200 Cooling Refrigeration/HVAC Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Other

Property Features

Association YN No Business Type RetailRetail-DowntownMixed Cap Rate 3.76 Ditches Active YN No Electric ElectricCity Ft Collins Exclusions Tenants' Personal and Business Property Gas Natural GasXcel Gross Income 82800 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 82800 New Construction YN No Operating Expense 0 Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Sale Includes Building(s)LandLeases Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tenant Pays DepositTrash Collection Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Ft Collins Zoning Downtown

Listing information © 2024 Information and Real Estate Services
Listing provided courtesy of Greg Roeder of LIV Sotheby's Intl Realty: 3034436161.



© 2024 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor Home Partners. Data last updated: 2024-05-18T07:43:38.7.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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