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123-147 N College Ave - Opera Galleria Condominiums 6,023 SF Office Condo Unit Offered at $2,232,420 CAD in Fort Collins, CO 80524
Executive Summary
These fully leased office condos present a unique investment opportunity in the heart of Old Town Fort Collins. Located in the historic Opera Galleria building, the asset is surrounded by dozens of restaurants, amenities, and notable businesses. The space features an open floor plan for flexible working environments, several private offices and meeting rooms, a spacious kitchen/break room, and a large conference room overlooking Old Town. Please call the listing broker for more information.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 6 |
| Cap Rate | 7.00% |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 6 |
Description
These fully leased office condos present a unique investment opportunity in the heart of Old Town Fort Collins. Located in the historic Opera Galleria building, the asset is surrounded by dozens of restaurants, amenities, and notable businesses. The space features an open floor plan for flexible working environments, several private offices and meeting rooms, a spacious kitchen/break room, and a large conference room overlooking Old Town. Please call the listing broker for more information.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 200/300 | 6,023 SF | Office | $2,232,420 CAD ($370.65 CAD/SF) | $156,236.80 CAD |
Unit 200/300
| Unit Size |
| 6,023 SF |
| Condo Use |
| Office |
| Price |
| $2,232,420 CAD ($370.65 CAD/SF) |
| NOI |
| $156,236.80 CAD |
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Unit 200/300
| Unit Size | 6,023 SF |
| Condo Use | Office |
| Price | $2,232,420 CAD ($370.65 CAD/SF) |
| NOI | $156,236.80 CAD |
| Sale Type | Investment |
| Cap Rate | 7.00% |
| No. Parking Spaces | 6 |
| Description | |
| These fully leased office condos present a unique investment opportunity in the heart of Old Town Fort Collins. Located in the historic Opera Galleria building, the asset is surrounded by dozens of restaurants, amenities, and notable businesses. The space features an open floor plan for flexible working environments, several private offices and meeting rooms, a spacious kitchen/break room, and a large conference room overlooking Old Town. Please call the listing broker for more information.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 110,685 SF | Typical Floor Size | 36,895 SF |
| Property Type | Office (Condo) | Year Built | 1900 |
| Building Class | A | Lot Size | 0.92 AC |
| Floors | 3 | Parking Ratio | 10/1,000 SF |
| Zoning | DD - Downtown District | ||
| Total Building Size | 110,685 SF |
| Property Type | Office (Condo) |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 36,895 SF |
| Year Built | 1900 |
| Lot Size | 0.92 AC |
| Parking Ratio | 10/1,000 SF |
| Zoning | DD - Downtown District |
Amenities
- 24 Hour Access
- Signage
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Savory Spice Shop |
-
|
July 2023
|
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123-147 N College Ave - Opera Galleria Condominiums
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