240 Walnut St
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240 Walnut St
3,760 SF 100% Leased Retail Building Fort Collins, CO 80524 $2,500,000 ($665/SF) 5.50% Cap Rate
Executive Summary
Historic retail building located in the heart of Downtown Fort Collins Urban Retail Area. Two long-term store front Tenants are established Old Town retailers. Onsite Parking to rear of Building includes ten double stacked parking spaces currently leased on a month to month basis providing additional income. Property presents upside potential including adding additional multi-level building on excess 3,000 SF of Lot.
Call Patty Spencer for Details.
Call Patty Spencer for Details.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
3,760 SF
Building Class
C
Year Built
1896
Price
$2,500,000
Price Per SF
$665
Cap Rate
5.50%
NOI
$137,500
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Land Acres
0.17 AC
Zoning
D - Commercial
Frontage
48 FT on Walnut St
Amenities
- Bus Line
Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (100)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 97123-46-003 | Improvements Assessment | $120,249 |
Land Assessment | $74,214 | Total Assessment | $194,463 |
PROPERTY TAXES
Parcel Number
97123-46-003
Land Assessment
$74,214
Improvements Assessment
$120,249
Total Assessment
$194,463
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240 Walnut St
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