722 Cherry St, Fort Collins, CO 80521

Property Description

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!