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    424 Maple St

    Fort Collins, CO 80521
    • $1,700,000
    • STATUS: Active
    • ON SITE: 129 days
    • MLS #: 929485
    UPDATED: 42 min ago
    $1,700,000
    • 0
      BEDS
    • 0.22
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1974
    County:

    School Ratings & Info

    Description

    Seller is planning a 1031X. Complete contents of 424 Maple to be removed (minus fixtures to be determined) including trade equipment, personal items, tools and tool boxes. Detail shop (428 Maple) easy to lease (or re-lease) at market rates (current lease rate is under market). Hard to find existing commercial zoning, especially in Old Town FoCo. Optimal use would be multi-story mixed use residential with ground level parking. Second/third floor residential would leverage proximity to Old Town, retail, restaurants and shopping and short walk to Martinez.

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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 Bliss Realty Group. Data last updated: 2021-04-11T22:39:15.857.
    www.blissrealtygroup.com/homes/112335275
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    424 Maple St Fort Collins, CO 80521

    • Price: $1,700,000
    • Status: Active
    • Updated: 42 min ago
    • MLS #: 929485
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.22
    Acres
    1974
    Built
    Neighborhood:
    Martinez Park
    County:
    Larimer
    Area:
    09 Fort Collins area
    Property Description
    Seller is planning a 1031X. Complete contents of 424 Maple to be removed (minus fixtures to be determined) including trade equipment, personal items, tools and tool boxes. Detail shop (428 Maple) easy to lease (or re-lease) at market rates (current lease rate is under market). Hard to find existing commercial zoning, especially in Old Town FoCo. Optimal use would be multi-story mixed use residential with ground level parking. Second/third floor residential would leverage proximity to Old Town, retail, restaurants and shopping and short walk to Martinez.
    Exterior Features

    Construction Metal/FrameWall: OtherConcrete Location Description Corner Lot Lot Improvements Street PavedCurbsGuttersSidewalksStreet LightFire Hydrant Within 500 Feet Property Features Loading: Double DoorLoading: Drive-InLoading: Drive-In Overhead Doors Property Views City View Road Access City Street Waterfront No

    Interior Features

    Basement Foundation No Basement Cooling Window A/C Units Disabled Accessibility Features Level LotLevel Drive Heating Forced Air Inclusions No Inclusions

    Property Features

    Capitalization Rate 3.8 Commercial Industrial Type Incorporated AreaRetail-NeighborhoodOther Commerical Energy Star Certified No Gross Operating Income 76000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Fort Collins Nahb Certified No Net Operating Income 64660.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional1031 Exchange Ownership Private Owner Possible Usage Multi FamilyCommercial Or Industrial Tax Year 2019 Taxes 15300 Tenant Pays Trash Total Operating Expense 11340.0000 Utilities Natural GasElectric Zoning Gc

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Rich Coccaro of Keller Williams Realty Noco.



    © 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 Bliss Realty Group. Data last updated: 2021-04-11T22:39:15.857.
     
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    Bliss Realty Group
    3500 John F. Kennedy Pkwy, Suite 205
    Fort Collins CO, 80525