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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.

Attachments

Walnut 240-242

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Old Chicago Pizza
F45 Training
Bank of Colorado
The Melting Pot
Starbucks
Moe's Original BBQ
CrossFit
Club Pilates
Keybank
McAlister's Deli

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
97123-46-003
Land Assessment
$74,214
Improvements Assessment
$120,249
Total Assessment
$194,463
  • Listing ID: 31156885

  • Date on Market: 3/8/2024

  • Last Updated:

  • Address: 240 Walnut St, Fort Collins, CO 80524

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