122 Laurel StFort Collins, CO 80524

Property Details for 122 Laurel St

Year built

1916

Construction

WOOD FRAME

Lot size

0.18 AC

Property size (Sq ft)

2,708 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

97141-14-028

APU

9714114028

Description

This exceptional 2,690 square foot turn-key restaurant and bar space is available for lease at 122 W Laurel St in Fort Collins, Colorado. Located adjacent to Colorado State University and within walking distance of Old Town, this property boasts a rich history as the former home of the iconic Pickle Barrel for over 35 years. Extensive renovations completed within the last two years include upgrades to the patio, facade, electrical, plumbing, and mechanical systems. The rear parking lot has been transformed into a large concrete patio featuring a raised stage for live music, new fencing, and shade sails. The well-equipped kitchen includes an 8-foot Type I hood, two freezers, a main level walk-in cooler, and a basement walk-in beer cooler. Built in 1916, this single-tenant building in Larimer County offers a unique opportunity for a variety of food concepts targeting students, young professionals, and families. The property is situated in a vibrant area with high foot traffic and strong potential for success. A comprehensive equipment list is available upon request. This is a rare chance to acquire a fully renovated, historically significant property in a thriving Colorado community.

• CAP approach

  CAP return

  Valuation

  6%

  $951,102

  6.5%

  $877,941

  7%

  $815,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,791,942

  Geo Method

  $563,812

• Alternative Use

  Use

  Valuation

  Residential

  $740,576

  Hospitality

  $678,363

  Educational

  $564,390

  Medical

  $583,801

  Retail

  $877,941

Location Insight

City

Fort Collins

County

Larimer

State

Colorado

Latitude

40.5785

Longitude

-105.078

CBSA code

22660

CBSA name

FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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