For Sale
$2,250,000

1520 Mulberry St Fort Collins, CO 80524

Prime Office Investment, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional two-story, 16,210 square foot office building at 1520 East Mulberry Street in Fort Collins, Colorado, presents a compelling owner-user or investment opportunity. Built in 1974 and renovated in 2014, the Class B property sits on a 1.62-acre lot and boasts high visibility with 38,320 vehicles passing daily. Currently 38% occupied, the building generates $106,473 in annual gross rental income from four tenants. The remaining 10,126 square feet offers significant potential for an owner-user, adaptable to various office configurations, including medical or retail uses. Its strategic location, less than 1.5 miles from Highway 287 and 2.5 miles from I-25, ensures convenient access and strong potential for future growth. The asking price is $2,250,000, translating to $138.80 per square foot. This property offers a blend of immediate income and long-term growth potential in a thriving Colorado market. The property is zoned for office, medical, and retail uses.

Highlights

  • Excellent investment or owner-user opportunity.
  • High-traffic location with strong visibility.
  • Generating $106,473 in gross annual rental income.

Property Details for 1520 Mulberry St

Property type
Office properties, Medical offices
Square Feet
16,210 SF
Class
B
Year Built/Renovated
1974/2014
Stories
2
Lot Size (sq. ft)
70,567 SF

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.58156675
Longitude
-105.04942624

FAQs

What type of property is this?
Office property - Prime Office Investment, High Visibility
Where is the office property located?
The property is located at 1520 Mulberry St Fort Collins, CO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Excellent investment or owner-user opportunity.; High-traffic location with strong visibility.; Generating $106,473 in gross annual rental income.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1520 Mulberry St
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