Property
ActiveResidential
1/7
$1,895,000

125 S Howes Street

Fort Collins, CO 80521
0
Beds
0
Baths
6,200
SqFt
2.93
Acres
RECOLORADO
#IR1066791
Updated: Aug 21, 2026, 7:45pm

Property Description

Triple net-lease investment opportunity anchored by Key Bank, an investment-grade tenant that has occupied this first-floor retail/office condo for 30 years. This 6,200 SF condominium sits within the iconic 11-story Key Bank Tower in downtown Fort Collins, offering a stable, passive income stream with minimal landlord responsibilities.Key Bank recently extended its lease through April 2031, with two additional 5-year renewal options carrying built-in rent escalators - providing long-term income visibility well into 2041. Annual NOI of $133,100 reflects a 7% cap rate on the current asking price of $1,895,000. Ownership also includes approx. 12% stake in adjacent vacant parcel.

Property Details

Interior
Basement
Partial
Building Area Total
6200
Furnished
Unfurnished
Heating
Forced Air
Construction
Also Marketed As
Commercial Sale
Building Area Source
Other
Construction Materials
Brick
Levels
One
Roof
Membrane
Year Built
1970
Site & Exterior
Lot Size Acres
2.93
Lot Size Square Feet
127500
Utilities
Natural Gas Available
Water Source
Public
Zoning
D
Financials
Association Fee
1
Association Fee Annual
12.00
Association Fee Frequency
Monthly
Association Fee Includes
Reserves
Association Fee Total Annual
12.00
Ownership
Individual
Parcel Number
R1035592
Tax Legal Description
UNIT B-1, SAVINGS BLDG CONDO FTC
Tax Year
2025

Neighborhood & Lifestyle

Community & Association
Subdivision Name
Savings Bldg Condo
Schools
Ratings
Elementary
Dunn
Middle
Other
High
Poudre
Elem. District
Poudre R-1
High District
Poudre R-1
WalkScore™
Walk Score
Walker's Paradise
97
Transit Score
Some Transit
49
Bike Score
Biker's Paradise
100
Listing provided courtesy of RECOLORADO via IDX. Updated: Aug 21, 2026, 7:45pm.
Erik Broman

Listing Agent

Realtec C.R.E.S., LLC

Call Agent