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24805180
24805179

1415 Blue Spruce Drive, Fort Collins, CO 80524

PK
CO FA.040024504
CBRE - Fort Collins
Listed by CBRE - Fort Collins
$5,900,000
328 days on market
Updated 13 days ago
Opportunity zone

1415 Blue Spruce Drive

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 34,896
Units 4
Tenancy Vacant
Price per SqFt $169
Year Built 1977
Year Renovated 2017
Buildings 1
Acreage 2.050
Zoning (CS) Service Commercial
Ceiling Height 18’
Loading Docks 4
Dock High Doors 3

FOR SALE | Large Industrial Building on 2+ Acres with Fenced Yard

Marketing description

1415 Blue Spruce provides an excellent opportunity for buyers to operate with the property as is, or to look towards expansion with the adjacent lot for sale. The current building provides a multitude of different uses with 3 front loading docks at trailer height and 4 more bay doors in the rear of the building at ground level. Quick access to major travel arteries allows easy transportation and access to the property for workers/semi-trucks. Both East Vine Drive and the Mulberry corridor are less than 5 minutes from the property, allowing easy access to I-25 and western Fort Collins.

  • The interior of the property offers unique distillery modifications for potential buyers to utilize or modify as needed.

  • Bay 2 includes a fire-resistant room designed for the storage of distilled spirits before the alcohol content is lowered. This room is equipped with the NFPA 704 system (the diamond-shaped signs often seen on the backs of trucks) and has a flammability rating of level 3 (indicating a flash point below 100 degrees Fahrenheit).

  • A unique building feature is the presence of two mezzanines. One mezzanine combines open space with handrails, along with additional offices and a conference room. The second mezzanine, located in another bay, offers open floor space overlooking the warehouse with no previous rooms built out.

  • The warehouse was originally designed as four separate units/bays. Access into each bay is limited with one drive-through doorway for each bay interior wall. The buyer has the potential to re-divide the building into separate units for leasing purposes.

  • Each bay has its own restrooms, with the exception of bay 4.

  • A 2.05-acre lot provides ample space for business use and equipment operation. The adjacent lot for sale just west of the building contains an additional 2.3 acres for possible future use. Since the adjacent lot contains no previous structures and is under the same ownership, the potential use is nearly limitless. Future buildings will not face flooding constraints as both lots are located outside of the Fema flood plains. 1415 Blue Spruce and the adjacent lot are both zoned under the CS - Service Commercial designation.

Investment highlights

  • Located in a rapidly growing area of Fort Collins that has seen several major single-family, multi-family, and student-housing developments deliver in recent years.

  • Opportunity for a variety of different commercial and industrial uses subject to administrative review.

  • The Property borders industrial zoning and is within an Opportunity Zone.

  • Less than 2 miles North of Downtown Fort Collins and Colorado State University’s 33,000 student population.

  • Power: 12/208v, 3-phase, 800 amp

  • (3) 10’ x10’ dock-high doors

  • (4) 10’ x12’ drive-in doors

  • Possible Uses:

    • Landscape Supply

    • Equipment Rental

    • Distribution Plant

    • Recycling/Waste Facility

Listing Contacts

PK
CO FA.040024504
CBRE - Fort Collins
Listed by CBRE - Fort Collins

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