Re-development opportunity consisting of 32,600 SF located at 121 W Olive Street and 120 W Magnolia Street in Old Town Fort Collins. The property consists of two lots and is well suited for apartment and/or mixed use development. Developers can construct up to 79,000 SF on the site. The property is within the Transit-Oriented Development overlay creating a lower parking ratio which will allow more units to be constructed. Located in the heart of Fort Collins' historic Old Town the property is surrounded by restaurants, breweries, outdoor activities, shopping and is within walking distance of Colorado State University. In addition to an abundance of street parking surrounding the development, the property is directly on the Max Transit Line providing reliable transportation throughout Fort Collins. Existing business will relocate.
- Price:
- $3,750,000
- Acreage:
- 0.75
- Listing ID #:
- 932174
- Street Address:
- 121 W Olive St
- City:
- Fort Collins
- State:
- Colorado
- Postal Code:
- 80524
- County:
- Larimer
- Subdivision:
- Ftc Blk 113
- Listing Status:
- Active
- Listing Type:
- Vacant Land/Lots
- Conforms To Zoning:
- Downtown
- Lot Size:
- 32600
- Days On Market:
- 107
- Excluded:
- Both Properties Much Be Purchased Together
- Ownership:
- Private Owner
- Property Taxes:
- $0
- Tax Year:
- 2020
- Sewage Type:
- City Water, City Sewer
- Utilities:
- Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Annah Moore with CBRE Inc 9705673942
