The cooperative, better known as the Bike Co-op of Fort Collins, bought three buildings totaling 6,600 square feet of space at 1501 College Ave. from the nonprofit Boulder Energy Conservation Center, doing business as the Center for Resource Conservation, for $440,000.
The bike co-operative currently is at 331 N. College Ave. in Fort Collins. The co-op, run by all volunteers, has not set a move date, but it will continue to operate at its current location until the move, said Stuart Thomas of Cassidy Turley, who represented the bike co-op in the deal.
The co-op refurbishes and donates bicycles for a wide variety of charity events and programs for people in need. One of its goals is to keep good bikes out of the landfill and recycle poorly built or unsafe bikes.
The Center for Resource Conservation in November closed its ReSource Fort Collins, a landfill diversion facility at 1501 N. College, because it was about to lose its two-way access as well as most of its parking because of redevelopment occurring on N. College Avenue. The organization is still hoping to find a location in Fort Collins.
Nathan Klein of Loveland Commercial LLC represented the Center for Resource Conservation.