$350,000
Don't miss this rare chance to build new in one of Fort Collins' most beloved oldest neighborhoods! Offering an Old Town Fort Collins infill opportunity w/ city-approved plans and substantial pre-development work completed. 722 Cherry Street is a vacant lot offering an approved plan for a 2,801 sq. ft. two-story single-family home, a 468 sq. ft. private accessory dwelling unit & garage w/ convenient alley-load access. Fully entitled & permit-ready, the property conveys w/ $47,000 in completed pre-development work, including FDP approval, development review and zoning approvals, civil engineering, architectural and engineering plans, survey, legal, and recording costs - saving a buyer an estimated 18 months of upfront entitlement work. New construction opportunities are hard to find in central Old Town & this allows a buyer to move past the complicated early stages of development & focus on the exciting part: tailoring the final design! Existing floor plans may be modified to better suit the buyer's needs & wish list. The Old Town B zoning also allows for a duplex, creating additional flexibility for future use - live in one & rent the other. The site is located within Fort Collins' primary short-term rental zone, offering attractive income opportunities for an owner-occupant, investor, or buyer seeking a flexible living arrangement. The location captures the best of the Old Town Fort Collins lifestyle - just blocks from restaurants, flagship breweries, shopping, theaters, festivals, summer concerts and food truck rallies at nearby City Park. Cruise downtown by bike, leave the car in the garage, & enjoy tree-lined streets, neighborhood character, and the vibrant energy that makes Old Town Fort Collins so desirable. CSU, parks, golf, the Poudre Trail system, & year-round recreation are all nearby. Lory State Park & Horsetooth Reservoir are just 10-15 minutes west for hiking, mountain biking & boating. We have done the hard part, so you can do the fun part!
1059603
MLS
⋅
ACTIVE
Status
722 Cherry St, Fort Collins
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