Flex Industrial Office
For Sale
$1,140,000
1540 Boston Street, Aurora, CO 80010
6,000 SF building includes office space, a large warehouse area, kitchen, and exterior courtyard under OA-MS zoning.
Property Size6,000 SF
Price / SF$190
Days on Market120
Property Features for 1540 Boston Street
General Information
Standard status
Active
Size
6,000 SF
Class
B
Property subtype
Office
Zoning
OA-MS
Amenities
offices
open work areas
warehouse area
kitchen
exterior courtyard
Building Details
Building Size
6,000 SF
Year Built
1959
Listing Agency:
Unique Properties, Inc
Listed By:
Brian McKernan · License #FA.040033318
(720) 530-9070
Source:
Uniqueprop
Added: Jun 25
Changed: Oct 8
Last Checked: Oct 20 at 6:34PM
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 Unique Properties, Inc
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Investment Insights
Based on property information with market context.
This 6,000 SF flex-style building includes several offices and open work areas alongside a large warehouse area. The property also features a kitchen and an exterior courtyard, supporting a variety of on-site needs for office and warehouse operations. Built in 1959, the layout is designed to combine work space and storage in a single facility.
The property is located at 1540 Boston Street in Aurora, Colorado, in the Aurora–East Colfax area. It is described as strategically zoned OA-MS, offering flexibility for multiple commercial use types, including office, industrial, or retail.
With office components, open work areas, and substantial warehouse space, the building is configured for tenants that need both administrative space and larger operational areas within the same footprint.
The property is located at 1540 Boston Street in Aurora, Colorado, in the Aurora–East Colfax area. It is described as strategically zoned OA-MS, offering flexibility for multiple commercial use types, including office, industrial, or retail.
With office components, open work areas, and substantial warehouse space, the building is configured for tenants that need both administrative space and larger operational areas within the same footprint.
Key Highlights
- 6,000 SF commercial building built in 1959
- OA‑MS zoning allows for Office, Industrial, or Retail uses
- Includes several offices and open work areas plus a large warehouse area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,392
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,840
$1.8M
Cap Rate 7%
$1,262,743
$1.3M
Cap Rate 9%
$982,133
$982.1K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$110.2K $18.36/SF
− Vacancy
−$6.2K −$1.03/SF
EGI
$104.0K $17.33/SF
− OpEx
−$15.6K −$2.60/SF
NOI
$88.4K $14.73/SF
Area
Aurora, CO
Vacancy
5.60%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,767,840
Cap Rate 7%
$1,262,743
Cap Rate 9%
$982,133
Alternative Uses
Best Use
Warehouse
$1.26M
$1.10M – $1.47M
NOI $88,392 @ 7.0% cap · market cap 7.75%
Second Best
Flex RnD
$1.17M
$1.02M – $1.36M
NOI $81,806 @ 7.0% cap · market cap 7.18%
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,360 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,135
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- African Caribbean Palate — 1427 Elmira St, Aurora, CO 80010
- Lela's Kitchen — Pick-up) location, 1414 Emporia St, Aurora, CO 80010
- Miss Millie's Kitchen (Full Service Catering) — 9905 E Colfax Ave Unit B, Aurora, CO 80010
- TRonAMoe's Catering Bakery & MO. — 11948 E 17th Ave #3, Aurora, CO 80010
Frequently Asked Questions
What type of property is this?
Flex space - 6,000 SF building includes office space, a large warehouse area, kitchen, and exterior courtyard under OA-MS zoning.
Where is this flex space located?
The property is located at 1540 Boston Street Aurora, CO.
What is the asking price?
The asking price for this property is $1,140,000.
What are key features of this property?
This property features: 6,000 SF commercial building built in 1959; OA‑MS zoning allows for Office, Industrial, or Retail uses; Includes several offices and open work areas plus a large warehouse area
