49
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$1,100,000
Est. payment /mo
6,402 SqFt
Price Dropped by $50K
5724 S College AVE Fort Collins, CO 80525
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,402 sqft
Price per Sqft $171
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
Price Reduced! Seller is motivated, bring your best offer! Seller has dropped the asking price $150,000.00 to accommodate new or different uses of this property. 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
Virtual Tour https://www.zillow.com/view-3d-home/750365f4-025b-4092-8224-f04b25768673?setAttribution=mls&wl=true&utm_source=dashboard
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Resident Realty South Metro
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TESTIMONIALS
Travis helped me buy my house and sell it. He's thorough and on top of every step in the buying/selling process. I've had friends deal with lackadaisical realtors who are impossible to get ahold of and Travis does not fit that mould. He has a great team on his side who did all of the heavy lifting and kept me in the loop throughout the entire selling process. He got my house under contract in less than a week for well over what I thought I'd sell for. He went above and beyond from start to finish. I'm so grateful for the opportunity to work with Travis!