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East Mulberry Commercial 3221 E Mulberry St 1,677 SF 100% Leased Retail Building Fort Collins, CO 80524 $1,167,135 CAD ($695.97 CAD/SF)



Investment Highlights
- East Mulberry Frontage Commercial Lot
- Possible Drive Thru Development
Executive Summary
The property at 3221 E. Mulberry Street in Fort Collins offers a half acre of prime frontage along a high-traffic corridor. The site includes a 3 bedroom, 1.5 bathroom home along with an existing water tap and private well, creating an excellent opportunity for a small business, live/work setup, or future redevelopment in a rapidly evolving area.
This half acre parcel along the East Mulberry Corridor offers exceptional visibility and access from the frontage road, just minutes from I-25 and adjacent to the rapidly emerging Bloom development. Still positioned in the county and within an area undergoing significant transformation under the City of Fort Collins’ East Mulberry Corridor Suburban Mixed-Use Plan, the property presents a unique opportunity for investors, entrepreneurs, or developers seeking a foothold in one of the city’s key redevelopment zones.
Key Features:
Exposure of 400 feet of street frontage
Traffic of over 30,000 vehicles per day
Convenient access to I-25
6 Minutes to Old Town Fort Collins
Commercial Zoning
All utilities in place
3 bd/1.5 ba Flex Use Home
The level lot features two access points from the frontage road and is bordered along the southwest edge by the Lake Canal, adding character to the site. The property offers flexibility for a variety of uses, whether repurposing the existing residence for a small business or office, or pursuing a full redevelopment to build a new commercial project from the ground up.
Utilities currently in place include a domestic water tap from the ELCO Water District, a permitted water well (Permit #121920-A), natural gas service from Xcel Energy, a septic system, and 200-amp electrical service from Poudre Valley REA. One hundred amps serve the home, while an additional 100 amps run to an exterior pole-mounted panel near the frontage road. Previously operated as a used car sales lot, the property also includes existing exterior light poles positioned in the front lawn area, which remain operational and could support future commercial use.
The property benefits from two existing curb cuts and paved front parking, with potential for a drive-through configuration subject to county approvals. The expansive lawn is supported by a well-fed irrigation system with multiple sprinkler zones and exterior spigots, allowing for convenient landscaping and garden watering.
The property is zoned CC – Commercial Corridor, offering a wide range of potential commercial uses in a high-growth area. No mineral rights are owned by the seller.
Improvements
The existing 1,193 sf residence, built in 1956, includes 3 bedrooms, 1.5 bathrooms, a fireplace, a charming kitchen and living and dining area, and an approximately 321 sf enclosed rear patio. The 484-square-foot garage has been converted into an office, retail, or workshop space. This area does not currently have interior access to the main residence but provides flexible additional space suitable for business or storage needs.
Location
Fort Collins is experiencing significant economic growth and revitalization, particularly in the East Mulberry Corridor, a key area benefiting from its strategic location along Interstate 25. The recently adopted East Mulberry Corridor Plan outlines a long-term vision for this gateway, focusing on infrastructure improvements, development guidelines, and potential annexation into the city. With high business traffic generated by I-25, the corridor has become an increasingly attractive location for commercial and light industrial investment.
Complementing this commercial potential is the rapid residential neighborhood expansion nearby, most notably the new Bloom master-planned community to the North. Spanning over 200 acres, Bloom is designed to include approximately 1,600 residences along with parks, trails, a central town center, and 20 to 30 acres of commercial space. Early phases are already underway, featuring a mix of single-family homes, cottages, and multifamily units, including a significant number of affordable housing options. Together, the East Mulberry Corridor Plan, the accessibility from I-25, and the thoughtful residential development in Bloom are driving sustained economic vitality, transforming the area into a dynamic and livable extension of Fort Collins.
This half acre parcel along the East Mulberry Corridor offers exceptional visibility and access from the frontage road, just minutes from I-25 and adjacent to the rapidly emerging Bloom development. Still positioned in the county and within an area undergoing significant transformation under the City of Fort Collins’ East Mulberry Corridor Suburban Mixed-Use Plan, the property presents a unique opportunity for investors, entrepreneurs, or developers seeking a foothold in one of the city’s key redevelopment zones.
Key Features:
Exposure of 400 feet of street frontage
Traffic of over 30,000 vehicles per day
Convenient access to I-25
6 Minutes to Old Town Fort Collins
Commercial Zoning
All utilities in place
3 bd/1.5 ba Flex Use Home
The level lot features two access points from the frontage road and is bordered along the southwest edge by the Lake Canal, adding character to the site. The property offers flexibility for a variety of uses, whether repurposing the existing residence for a small business or office, or pursuing a full redevelopment to build a new commercial project from the ground up.
Utilities currently in place include a domestic water tap from the ELCO Water District, a permitted water well (Permit #121920-A), natural gas service from Xcel Energy, a septic system, and 200-amp electrical service from Poudre Valley REA. One hundred amps serve the home, while an additional 100 amps run to an exterior pole-mounted panel near the frontage road. Previously operated as a used car sales lot, the property also includes existing exterior light poles positioned in the front lawn area, which remain operational and could support future commercial use.
The property benefits from two existing curb cuts and paved front parking, with potential for a drive-through configuration subject to county approvals. The expansive lawn is supported by a well-fed irrigation system with multiple sprinkler zones and exterior spigots, allowing for convenient landscaping and garden watering.
The property is zoned CC – Commercial Corridor, offering a wide range of potential commercial uses in a high-growth area. No mineral rights are owned by the seller.
Improvements
The existing 1,193 sf residence, built in 1956, includes 3 bedrooms, 1.5 bathrooms, a fireplace, a charming kitchen and living and dining area, and an approximately 321 sf enclosed rear patio. The 484-square-foot garage has been converted into an office, retail, or workshop space. This area does not currently have interior access to the main residence but provides flexible additional space suitable for business or storage needs.
Location
Fort Collins is experiencing significant economic growth and revitalization, particularly in the East Mulberry Corridor, a key area benefiting from its strategic location along Interstate 25. The recently adopted East Mulberry Corridor Plan outlines a long-term vision for this gateway, focusing on infrastructure improvements, development guidelines, and potential annexation into the city. With high business traffic generated by I-25, the corridor has become an increasingly attractive location for commercial and light industrial investment.
Complementing this commercial potential is the rapid residential neighborhood expansion nearby, most notably the new Bloom master-planned community to the North. Spanning over 200 acres, Bloom is designed to include approximately 1,600 residences along with parks, trails, a central town center, and 20 to 30 acres of commercial space. Early phases are already underway, featuring a mix of single-family homes, cottages, and multifamily units, including a significant number of affordable housing options. Together, the East Mulberry Corridor Plan, the accessibility from I-25, and the thoughtful residential development in Bloom are driving sustained economic vitality, transforming the area into a dynamic and livable extension of Fort Collins.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,677 SF
Building Class
C
Year Built
1956
Price
$1,167,135 CAD
Price Per SF
$695.97 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.50 AC
Zoning
Commercial - Commercial Corridor
Frontage
200’ on E. Mulberry St.
Amenities
- Corner Lot
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 87162-00-008 | Improvements Assessment | $38,353 CAD |
| Land Assessment | $4,412 CAD | Total Assessment | $42,765 CAD |
Property Taxes
Parcel Number
87162-00-008
Land Assessment
$4,412 CAD
Improvements Assessment
$38,353 CAD
Total Assessment
$42,765 CAD
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East Mulberry Commercial | 3221 E Mulberry St
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