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Listing Details

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Description

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.

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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 Wheelhouse Realty. Data last updated: 2021-09-21T12:37:56.883.
www.wheelhouse.realestate/homes/113676968
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121 W Olive St Fort Collins, CO 80524

  • Price: $3,750,000
  • Status: Active
  • Updated: 30 min ago
  • MLS #: 932174
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Beds
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Baths
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½ Baths
0.75
Acres
Neighborhood:
Ftc Blk 113
County:
Larimer
Area:
09 Fort Collins area
Property Description
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.
Exterior Features

Horse YN No Property Attached YN No Waterfront YN No

Property Features

Association YN No Development Status Zoned For Development Exclusions Both Properties Much Be Purchased Together Gas Natural Gas Has Association Fee No Has Association2 Fee No Has Improvements Yes Has Water Rights No Improvements Description Mortuary And Garage Listing Sub Status None Living Units Allowed 6+ Units Allowed Locale Fort Collins Possible Use Multi-FamilyCommercial Or Industrial Property Sub Type Commercial Sewer City Sewer Tax Annual Amount 51007 Tax Year 2020 Utilities Natural Gas Available Water Source City WaterCity Of Fort Collins Zoning Downtown

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Annah Moore of Cbre Inc.



© 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 Wheelhouse Realty. Data last updated: 2021-09-21T12:37:56.883.
 
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Wheelhouse Realty
400 West Douglas Road, Suite 2
Fort Collins CO, 80524