5724 S College Avenue, Fort Collins, CO 80525
Local realty services provided by:LUX Real Estate Company ERA Powered
Listed by: james bennett9705675367
Office: resident realty
MLS#:IR1045270
Source:ML
Price summary
- Price:$1,250,000
About this home
This prime South Fort Collins commercial investment offers a rare dual-building setup combining office, grandfathered residential-style space, and industrial functionality. The front building features 1,480 square feet on the main level with a full, finished 1480 SF walkout lower level, complete with private offices, a spacious conference room, two wood Burning fireplaces, two remodeled kitchens that includes a washer and dryer, and three updated bathrooms. Behind it, the second building delivers upper level office space along with nearly 3,000 square feet of heated and cooled warehouse/shop area, equipped with water, half bath with deep sink, one double and two single overhead doors. The property benefits from a private parking area, and upper parking area, excellent visibility, and convenient access from Highway 287.Remodeled and in great condition, the property has all major systems-including sprinkler, three phase electrical, HVAC, and plumbing-professionally installed and certified. Shop has a C1D1 rated and a C1D2 rated room. Property sits in the Fort Collins Rec/Med Retail Zone, making it ideally suited for cannabis operations such as cultivation, testing, and manufacturing of infused products (MIP). This property is also idea for non- cannabis business opportunities with its full suite of amenities and location. The property was leased to an extraction MIP business through September 2025 at an approximate 8% cap rate, with strong potential for lease, or live/work amongst other uses. With excellent traffic counts, billboard potential, and a strategic location in the high-demand South Fort Collins corridor, this versatile property presents a rare chance to acquire a cash-flowing investment or business site with billboard potential and significant upside.
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Home facts
- Year built:1966
- Listing ID #:IR1045270
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard, Forced Air, Hot Water, Radiant
Structure and exterior
- Roof:Composition, Metal
- Year built:1966
- Lot area:0.4 Acres
Schools
- High school:Fossil Ridge
- Middle school:Preston
- Elementary school:Werner
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$1,250,000
- Tax amount:$19,106 (2024)
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