Fort Collins, CO, October 14, 2014: A prominently located downtown Fort Collins building has just been purchased as the newest acquisition in a Northern Colorado investment portfolio. The property, known as the “America Building”, is located at 153-157 North College Avenue and is comprised of 1st floor retail and 2nd floor office space. It was purchased by Heliodor, LLC for $1,600,000.
This two-story, 19,785 SF building is visibly positioned along College Avenue on the north end of Old Town. Tenants include Mac Shack, Watch Dog, Ramplify, Canidium, Menutrinfo, Dun-Mor Productions, NoCo Intergroup and Academy of Bartending.
Over the next 24 months, the new ownership group plans to complete a full building renovation.
Josh Guernsey and Jake Arnold of Brinkman Partners represented the Buyer and Ed and Kathy Regel of Regel and Associates represented the Seller.