For Sale
$2,060,389

111 Meldrum StFort Collins, CO 80521

100% Leased, High-Traffic Location.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property at 111 S Meldrum St, Fort Collins, CO 80521, presents a compelling investment opportunity. The 6,408 square foot building boasts a prime location in Old Town Fort Collins, a nationally recognized destination for retail and business, situated just two blocks from the heart of Old Town at College and Mountain Avenues. Its strategic placement ensures high foot traffic, benefiting from proximity to Colorado State University and the vibrant energy of the surrounding shops and restaurants. The building is currently 100% leased, comprising renovated first-floor office and retail space, along with four apartments on the second floor. This translates to a compelling asking price of $2,060,389, representing a price per square foot of $321.53 and a projected cap rate of 5.50%. The property's strong tenant base and desirable location in Old Town Fort Collins, a major regional attraction drawing visitors from across Colorado and even Wyoming, promise consistent rental income and significant long-term appreciation potential. This rare opportunity offers a blend of stable income and growth potential in a thriving Colorado market. The property's size and diverse tenant mix provide a balanced and resilient investment portfolio. Don't miss this chance to acquire a highly sought-after mixed-use asset in one of Colorado's most dynamic and desirable locations.

Highlights

  • Exceptional mixed-use property in Old Town Fort Collins, CO.
  • 6,408 square foot building, 100% leased.
  • Prime Old Town location, two blocks from College & Mountain Avenues.
  • $2,060,389 asking price ($321.53/SF), projected 5.50% cap rate.
  • Mix of renovated ground-floor retail/office and four second-floor apartments.

Property Details for 111 Meldrum St

Property type
Retail properties, Office properties
Square Feet
6,408 SF

Location Insight

City
Fort Collins
County
Larimer
State
Colorado
Latitude
40.5865205
Longitude
-105.0827296
111 Meldrum St, Fort Collins, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
111 Meldrum St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message