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Downtown Colorado Springs Office Building

10 Boulder Crescent, Colorado Springs, CO

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For Sale

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Well-maintained, 100% occupied office building in downtown Colorado Springs.

Type:OFFICE

Property size:

22,777 SF

Lot size:

0.42 Acres

Price / SF:

$116/SF

HighLights

100% Occupied Multi‑Tenant Office Building: Provides immediate and stable income.
Prime Downtown Location: Offers high visibility and accessibility.
Proximity to Amenities: Walking distance to hotels, restaurants, and public transit.
Off‑Street Tenant Parking: Dedicated parking enhances tenant satisfaction.
Historic Appeal with Original Ornate Woodwork: Unique character.
Value‑Add Potential: Opportunity for future rent growth.

We can help!

Listing Contact

Russell Stroud

For Sale

Contact for pricing

Well-maintained, 100% occupied office building in downtown Colorado Springs.

Type:OFFICE

Property size:

22,777 SF

Lot size:

0.42 Acres

Price / SF:

$116/SF

Added:: Jul 10, 2025
Days on Market:: 341
Last Refresh:: May 20 at 8:11 pm

Property Features for 10 Boulder Crescent

General Information

Standard status: Active
Size: 22,777 SF
Lot size: 0.42 Acres
Property subtype: OFFICE

We can help!

Listing Contact

Russell Stroud

Listing agent Russell Stroud License #FA40033398

Listing office SOCO Commercial Real Estate, LLC

Listing date Jul 10, 2025

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SOCO Commercial Real Estate, LLC

HighLights

100% Occupied Multi‑Tenant Office Building: Provides immediate and stable income.
Prime Downtown Location: Offers high visibility and accessibility.
Proximity to Amenities: Walking distance to hotels, restaurants, and public transit.
Off‑Street Tenant Parking: Dedicated parking enhances tenant satisfaction.
Historic Appeal with Original Ornate Woodwork: Unique character.
Value‑Add Potential: Opportunity for future rent growth.

Overview

The property at 10 Boulder Crescent Street is a 100% occupied, well-maintained, multi-tenant office building situated in downtown Colorado Springs. Constructed in 1909, the building retains its historical appeal with original ornate woodwork. Recent upgrades and ongoing care ensure the property is in excellent condition. The building offers a variety of suite sizes to accommodate different tenant needs. Dedicated off-street parking is available for tenants. Located in a growing downtown corridor with high demand for office space, the property is within walking distance to hotels, restaurants, public transit, and major city attractions. The property presents an opportunity for future rent growth or repositioning. The property size is 22777 square feet.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$341.7k	$15.00
− Vacancy	−$42.7k	−$1.88
EGI	$298.9k	$13.13
− OpEx	−$74.7k	−$3.28
NOI	$224.2k	$9.84

22,777 SF · lease $15.00/SF/yr · vacancy 12.50% · expense 25.00%

Alternative Uses

Best Use

Office B

$3.20M

$2.80M – $3.74M (±1% cap)

NOI $224,211 @ 7.0% cap · market cap 8.46%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$4.50M

$3.94M – $5.25M (±1% cap)

NOI $314,869 @ 7.0% cap · market cap 11.88%

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

Property Profile Location Intelligence

Current Use by Public Records

David Petersen LCSW, ... Physician Parker Renee M Physician Moeller Lin PhD Physician Key Wellness Counselor Denise M Laliberte ... Family Counselor

Suggested Use

Location Insight

Map
Local Demand

City: Colorado Springs
County: El Paso
State: Colorado
Longitude: -104.826
Latitude: 38.8387

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What type of property is this?

Office building - Well-maintained, 100% occupied office building in downtown Colorado Springs.

Where is this office building located?

The property is located at 10 Boulder Crescent Colorado Springs, CO.

What is the asking price?

The asking price for this property is $2,650,000.

What are key features of this property?

This property features: 100% Occupied Multi‑Tenant Office Building: Provides immediate and stable income.; Prime Downtown Location: Offers high visibility and accessibility.; Proximity to Amenities: Walking distance to hotels, restaurants, and public transit.

10 Boulder Crescent, Colorado Springs, CO

Well-maintained, 100% occupied office building in downtown Colorado Springs.

Property Features for 10 Boulder Crescent

General Information

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Colorado Springs Flex Office/Warehouse

Freestanding Industrial Building For Sale

Turnkey Restaurant Opportunity

Industrial Campus with 3,000 Amp Power

New Duplex in Creekwalk

New Duplex Near UCCS

Colorado Springs Multi-Family Acreage

New Duplex in Westside Location

Income Property Near Memorial Hospital

Side-by-Side Duplex With Finished Basements

Duplex with Separate Cottage

Historic Triplex with In-Unit Laundry

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