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373 W Drake Rd , 3 And 4 Up

Fort Collins, CO 80526
  • $620,000
  • STATUS: Active
  • ON SITE: 577 Days
  • MLS #: 939396
UPDATED: 39 min ago
$620,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1976
County:

School Ratings & Info

Description

Bring your investors! Great centrally located midtown professional office park condos with updated finishes throughout. Common area waiting room and restrooms, large reception area, 5 nice size offices - two with drainage, two smaller offices, open area with drainage, private restroom and breakroom with storage. Mature landscaping with plentiful parking on site. Home to many medial and general office users. Nice medical set up with 3 years left on current lease.

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© 2022 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-12-04T10:41:50.77.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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373 W Drake Rd , 3 And 4 Up Fort Collins, CO 80526

  • Price: $620,000
  • Status: Active
  • On Site: 577 Days
  • Updated: 39 min ago
  • MLS #: 939396
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1976
Built
Neighborhood:
Drake Professional Bldg Condo
County:
Larimer
Area:
09 Fort Collins area
Property Description
Bring your investors! Great centrally located midtown professional office park condos with updated finishes throughout. Common area waiting room and restrooms, large reception area, 5 nice size offices - two with drainage, two smaller offices, open area with drainage, private restroom and breakroom with storage. Mature landscaping with plentiful parking on site. Home to many medial and general office users. Nice medical set up with 3 years left on current lease.
Exterior Features

Construction Materials Wood/Frame Horse YN No Lot Features Within City Limits Parking Features Paved Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No View City Waterfront YN No

Interior Features

Accessibility Features Accessible Approach With Ramp Basement Daylight Building Area Total 12500 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Office Condominium Cap Rate 6.59 Ditches Active YN No Electric ElectricCity Exclusions Sellers Personal Property Gross Income 72000 Has Improvements No Has Water Rights No Income Includes Lease/Rents Listing Sub Status None Listing Terms CashConventional Locale Fort Collins Net Operating Income 40888.83 New Construction YN No Operating Expense 31111.17 Possible Use Commercial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Special Listing Conditions Private Owner Tax Annual Amount 10296.62 Tax Year 2021 Tenant Pays All Operating Costs (Used Alone) Utilities Electricity Available Water Source City WaterCity Of Fort Collins Zoning E

Listing information © 2022 Information and Real Estate Services
Listing provided courtesy of Julie Norris of Re/Max Comm. Alliance-Ftc Dwtn: 9702157016.



© 2022 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 Keller Williams Realty Northern Colorado - Old Town. Data last updated: 2022-12-04T10:41:50.77.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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Keller Williams Realty Northern Colorado - Old Town
401 Linden Street #1-105
Fort Collins CO, 80524