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Western States Bank Building 1520 E Mulberry St 16,210 SF 38% Leased Office Building Fort Collins, CO 80524 $2,250,000 ($138.80/SF)
Investment Highlights
- Investment or Owner/User Opportunity
- $106,473 Gross Rental Income
- High Visibility
Executive Summary
1520 East Mulberry Street is a prime office investment or owner/user opportunity in Fort Collins. Located less than 1.5 miles from Highway 287 and 2.5 miles from I-25, this highly visible property sees 38,320 vehicles per day. Almost 40% of the building is currently leased and generates $106,473 of annual gross rental income. The remaining 10,126 SF is ideal for an office user but could accommodate medical or retail uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
16,210 SF
Building Class
B
Year Built
1974
Price
$2,250,000
Price Per SF
$138.80
Percent Leased
38%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,105 SF
Slab To Slab
13’
Building FAR
0.23
Lot Size
1.62 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
50 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Signage
1 1
Bike Score®
Very Bikeable (88)
Property Taxes
| Parcel Number | 87073-26-001 | Improvements Assessment | $487,863 |
| Land Assessment | $98,523 | Total Assessment | $586,386 |
Property Taxes
Parcel Number
87073-26-001
Land Assessment
$98,523
Improvements Assessment
$487,863
Total Assessment
$586,386
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Western States Bank Building | 1520 E Mulberry St
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