Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2005 Pearl St Boulder, CO 80302

    View on Map
    Sponsored
    For Lease
    $35 SF/Yr

    COMMERCIAL - Boulder, CO

    Type:Office
    Property size:
    2,522 SF
    Lot size:
    0.74 Acres
    Days on Market:
    106
    Last Refresh:
    Mar 5 at 3:06 pm

    Property Features for 2005 Pearl St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Standard status
    Active
    Zoning
    MU-3
    APN
    R0607963
    Size
    2,522 SF
    Lot size
    0.74 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1956
    Building materials
    Brick, Block, Stone
    Roof type
    Composition

    We can help!

    Listing Contact
    Michael-Ryan Mccarty
    Michael-Ryan Mccarty

    Gibbons-White, Inc. (303) 442-1040

    Listing agent Michael-Ryan McCarty (303) 442-1040

    Listing date Nov 20, 2025

    MLS# 1011727

    Copyright © 2026 Information and Real Estate Services, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Premier Corner Retail Space Available

    This commercial property offers 2,522 square feet of retail space at the corner of 20th and Pearl Street in Boulder, Colorado. The property features south and west-facing storefront windows providing excellent visibility. The interior showcases a modern design with polished concrete floors and exposed wood ceilings. The layout includes a separate juice or coffee retail counter, two private offices, and a storeroom area. Located in East Downtown, the property benefits from free two-hour street parking, with designated parking also available. The intended use of the property is for commercial purposes.
    Location Intelligence

    Current Use by Public Records

    Fusion HVAC Repair HVAC Service Terracotta Garden Center RidQuick Termite Control Garden Center

    Suggested Use

    Restaurant Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.269497
    Latitude
    40.0202

    Nearby Similar for Lease

    • $25 SF/Yr
      3,049 SF

      Retail Spaces on East Arapahoe

      Retail and office spaces for lease in Boulder, Colorado.
      5420 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $9 SF/Yr
      2,178 SF

      Boulder Office Space For Rent

      Office space in vibrant Boulder location with parking included.
      2500 30Th St, Boulder, CO 80301
      View Details
    • New
      $12 SF/Yr
      18,295 SF

      Affordable Office Space in Boulder

      Short-term office space for lease with mountain views.
      6658 Gunpark Dr, Boulder, CO 80301
      View Details
    • New
      $7 SF/Yr
      40,511 SF

      Boulder Office Space For Rent

      Medical or professional office space available near US 36.
      2935 Baseline Rd, Boulder, CO 80303
      View Details
    • $21 SF/Yr
      57,935 SF

      Prime Retail & Medical Spaces

      High-visibility retail and turn-key medical spaces in central Boulder.
      2700 28Th St, Boulder, CO 80301
      View Details
    • $18 SF/Yr
      12,632 SF

      Boulder Office Suites Available

      Office suites and individual offices for lease in Boulder.
      5600 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $17 SF/Yr
      58,370 SF

      Boulder Office Suites For Lease

      Range of office spaces available, from single offices to suites.
      75 Manhattan Dr, Boulder, CO 80303
      View Details
    • $17 SF/Yr
      38,333 SF

      Boulder Office Space with Gardens

      1,400 SF office space with gardens and outdoor area.
      3825 Iris Ave, Boulder, CO 80301
      View Details
    • $22 SF/Yr
      6,970 SF

      Pearl Street Retail or Office

      1,186 SF retail or office space on Pearl Street.
      724 Pearl St, Boulder, CO 80302
      View Details
    • $1.00 SF/Yr
      132,422 SF

      Historic Boulder Depot Restaurant Opportunity

      Fully equipped restaurant space with high-end finishes and large patio.
      2366 Junction Pl, Boulder, CO 80301
      View Details
    • $19 SF/Yr
      871 SF

      Vibrant Uptown Broadway Commercial Unit

      1,003 SF commercial unit in vibrant Uptown Broadway, Boulder.
      4520 Broadway St, Boulder, CO 80304
      View Details
    • $25 SF/Yr
      3,485 SF

      Pearl Street Office Space Available

      Single office for lease with Flatiron views and shared amenities.
      1137 Pearl St, Boulder, CO 80302
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail/office space with modern design in Boulder, Colorado.
    Where is this retail space located?
    The property is located at 2005 Pearl St Boulder, CO.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: - Premier corner retail space offering excellent visibility with its south and west-facing storefront windows.; - Stunning modern design boasts polished concrete floors and exposed wood ceilings.; - East Downtown location offers the convenience of free 2-hour street parking and designated parking options.
    (303) 442-1040
    Request Owner's contact information
    2005 Pearl St Boulder, CO 80302
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2005 Pearl St
    Boulder, CO 80302
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2005 Pearl St Boulder, CO 80302
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michael-Ryan Mccarty
    Michael-Ryan Mccarty
    Real Estate License ID: FA.040029628
    (303) 442-1040 (303) 818-7688 (303) 586-5939
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!