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    500 E Vine Dr

    Fort Collins, CO 80524
    • $2,000,000
    • STATUS: Active Under Contract
    • ON SITE: 209 days
    • ID#: 934314
    Under Contract
    UPDATED: 83 min ago
    $2,000,000
    • 0
      BEDS
    • 2.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1981
    County:

    School Ratings & Info

    Description

    Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.

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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 James Crocker Team | Crocker Realty. Data last updated: 2021-09-27T22:37:56.22.
    www.crockerrealty.com/homes/114612651
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    500 E Vine Dr Fort Collins, CO 80524

    • Price: $2,000,000
    • Status: Active Under Contract
    • Updated: 83 min ago
    • ID#: 934314
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.59
    Acres
    1981
    Built
    Neighborhood:
    Vine Drive Properties
    County:
    Larimer
    Area:
    09 Fort Collins area
    Property Description
    Incredible location! Great warehouse and office building located on the North side of Vine Drive just east of College right across from the new City of FTC Kayak park! Currently leased thru 11/30/21 @ $11,929/mo NNN. Tenant may consider extending lease for a short period of time. Prime location for owner/user or investor. Offers plenty of redevelopment potential on this great large 2.59 acre lot. Large yard with potential for exterior storage or room for expansion. Zoned CCN (Community Commercial North College District), which offers a very broad range of uses and future development opportunities. Opportunity Zone? Buyer to verify all measurements.
    Exterior Features

    Construction Materials Metal/Frame Exterior Features Lighting Fencing Fenced Horse YN No Lot Features CurbsGuttersSidewalks Property Attached YN No Road Frontage Type City Street Road Surface Type PavedConcrete Roof Metal Spa YN No Waterfront YN No

    Interior Features

    Basement None Building Area Total 11500 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area 11500 Living Area Source Assessor

    Property Features

    Association YN No Cap Rate 5.53 Gross Income 138853.56 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status Backup Locale Fort Collins Net Operating Income 110569.32 New Construction YN No Operating Expense 28284.24 Property Condition Not NewPreviously Owned Sale Includes Building(S) Sewer City Sewer Tax Annual Amount 24484.24 Tax Year 2019 Tenant Pays DepositGasElectricityWaterSewerTaxesInsurance Water Source City WaterCity Of Ftc Zoning Commercial

    Listing information © 2021 Information and Real Estate Services
    Listing provided courtesy of Michael Jensen of Fort Collins Real Estate, Llc.



    © 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 James Crocker Team | Crocker Realty. Data last updated: 2021-09-27T22:37:56.22.
     
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    Westminster CO, 80031