419 Canyon AveFort Collins, CO 80521

Property Details for 419 Canyon Ave

Year built

1982

Construction

STEEL FRAME

Lot size

0.61 AC

Property size (Sq ft)

26,596 SF

Property type

Office properties

Property subtype

Office buildings

APN

97114-29-003

APU

9711429003

Description

This exceptional three-story, 2,998 square foot office building at 419 Canyon Avenue in Fort Collins, Colorado, presents a unique leasing opportunity. Built in 1982 and extensively renovated in 2015, the property boasts a Class B designation and offers a single-tenant occupancy. The building features convenient covered parking (2.5 spaces per 1,000 square feet) located primarily on the ground floor, along with a welcoming entry lobby and elevator access to the upper floors. The second and third floors comprise finished office suites, each with shared lobbies, corridors, restrooms, and balconies. This prime location places the building between Old Town Square and Colorado State University, providing easy walking access to numerous restaurants and businesses in the vibrant Old Town area. The entire 2,998 square feet is currently vacant and ready for immediate occupancy. The property's zip code is 80521. This is an ideal space for a business seeking a well-maintained, conveniently located office in a thriving Colorado community.

• CAP approach

  CAP return

  Valuation

  6%

  $6,354,444

  6.5%

  $5,865,640

  7%

  $5,446,666

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,983,787

  Geo Method

  $2,197,362

• Alternative Use

  Use

  Valuation

  Residential

  $7,273,394

  Hospitality

  $6,662,390

  Educational

  $5,543,030

  Medical

  $5,733,664

  Retail

  $8,622,492

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5824

Longitude

-105.086

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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