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425 & 429 N. College Ave 2 Retail Properties Offered at $1,000,000 in Fort Collins, CO

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INVESTMENT HIGHLIGHTS

  • • SUBSTANTIAL PRICE REDUCTION! Both buildings are sold together for $1,000,000 ($249 per sf)
  • • Total building SF is 4,019 on .38 acres of land.
  • Located in the ‘DD’ Downtown District and Innovation Subdistrict. Approved historical use is vehicle sales and automotive repair
  • • Two high exposure buildings on North College for sale with over 300’ of College Avenue frontage.
  • • 31,898 vehicles per day on N College Ave (2017)
  • • Full turning access on and off College Avenue

EXECUTIVE SUMMARY

- Two high exposure buildings on North College for sale with over 300’ of College Avenue frontage.
- SUBSTANTIAL PRICE REDUCTION! Both buildings are sold together for $1,000,000 ($249 per sf).
- 425 N College is 2,927 SF on a 9,026 SF parcel. YOC 1946.
- 429 N College is 1,092 SF on a 7,405 SF parcel. YOC is 1958 with a remodel in 2004.
- Total building SF is 4,019 on .38 acres of land.
- 31,898 vehicles per day on N College Ave (2017).
- Located in the ‘DD’ Downtown District and Innovation Subdistrict. Approved historical use is vehicle sales and automotive repair.
- Located within the Downtown Development Authority.
- Located within the Colorado Enterprise Zone.
- All Trade Fixtures are included.
- Full turning access on and off College Avenue.
RE/MAX Commercial Alliance is pleased to present the opportunity to purchase two buildings located on .38 acres of land with 300’ of College Avenue frontage. The site has full turn access onto and off of College Avenue with a combined average vehicle count of 31,898 vehicles per day. The site is resides in the Colorado Enterprise Zone. The Colorado legislature created the Enterprise Zone (EZ) Program to encourage development and provides tax incentives for investing in real estate projects and operating businesses within the zone. More information about the Colorado Enterprise Zone here: https://oedit.colorado.gov/enterprise-zone-program
Approved historical use is vehicle sales and automotive repair. All trade fixtures are included in the sale of the property. Contact listing broker for more details.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,000,000
Price / SF $248.82 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 2
Total Building Size 4,019 SF
Total Land Area 0.38 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
425 N College Ave, Fort Collins, CO 80524 Retail 2,927 SF 1946 $1,000,000
429 N College Ave, Fort Collins, CO 80524 Retail 1,092 SF 1970 $1,000,000
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  • Listing ID: 33075834

  • Date on Market: 9/5/2024

  • Last Updated:

  • Address: 425 & 429 N. College Ave, Fort Collins, CO

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