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500 E Vine Dr

Fort Collins, CO 80524
  • $2,000,000
  • STATUS: Active
  • ON SITE: 239 Days
  • MLS #: 934314
UPDATED: 59 min ago
$2,000,000
  • 0
    BEDS
  • 2.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1981
County:

School Ratings & Info

Description

Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jenn Porter Group. Data last updated: 2021-10-27T10:41:23.737.
www.movewithjp.com/homes/114612651
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500 E Vine Dr Fort Collins, CO 80524

  • Price: $2,000,000
  • Status: Active
  • Updated: 59 min ago
  • MLS #: 934314
0
Beds
0
Baths
0
½ Baths
2.59
Acres
1981
Built
Neighborhood:
Vine Drive Properties
County:
Larimer
Area:
09 Fort Collins area
Property Description
Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.
Exterior Features

Construction Materials Metal/Frame Exterior Features Lighting Fencing Fenced Horse YN No Lot Features CurbsGuttersSidewalks Property Attached YN No Road Frontage Type City Street Road Surface Type PavedConcrete Roof Metal Spa YN No Waterfront YN No

Interior Features

Basement None Building Area Total 11500 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area 11500 Living Area Source Assessor

Property Features

Association YN No Cap Rate 5.52 Gross Income 138853.56 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Locale Fort Collins Net Operating Income 110569.32 New Construction YN No Operating Expense 28284.24 Property Condition Not NewPreviously Owned Sale Includes Building(S) Sewer City Sewer Tax Annual Amount 24484.24 Tax Year 2019 Tenant Pays DepositGasElectricityWaterSewerTaxesInsurance Water Source City WaterCity Of Ftc Zoning Commercial

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Michael Jensen of Fort Collins Real Estate, Llc.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Jenn Porter Group. Data last updated: 2021-10-27T10:41:23.737.
 
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Niwot CO, 80544