5724 S College AVE new to site

Fort Collins,CO 80525

$ 1250000

- Bed

- Bath

6402 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 6,402 sqft

Price per Sqft $195

MLS Listing ID 6019997

HOA Y/N No

Year Built 1966

Annual Tax Amount $19,106

Tax Year 2024

Lot Size 0.403 Acres

Acres 0.4

Property Sub-Type Industrial

Source recolorado

Property Description

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.

Location

State CO

County Larimer

Zoning CS

Interior

Fireplace N

Exterior

Garage No

Building

Lot Description Level

Sewer Septic Tank

Water Public

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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