Flex Industrial Office
1540 Boston Street Aurora, CO 80010
1540 Boston Street, Aurora, CO, 80010
$1,140,000
For Sale
$1,140,000
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 Market28
Property Features for 1540 Boston Street
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1959
Listing agency
Unique Properties, Inc.
(720) 530-9070
Listed by
Brian McKernan · License #FA.040033318
(720) 530-9070
Source
Uniqueprop
Added: Jun 25 Updated: Jul 21 at 8:30PM Checked: Jul 21 at 8:30PM
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.
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
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.2k | $18.36 |
| − Vacancy | −$6.2k | −$1.03 |
| EGI | $104.0k | $17.33 |
| − OpEx | −$15.6k | −$2.60 |
| NOI | $88.4k | $14.73 |
6,000 SF · lease $18.36/SF/yr · vacancy 5.60% · expense 15.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Lela's Kitchen — Pick-up) location, 1414 Emporia St, Aurora, CO 80010
- TRonAMoe's Catering Bakery & MO. — 11948 E 17th Ave #3, Aurora, CO 80010
- African Caribbean Palate — 1427 Elmira St, Aurora, CO 80010
- Miss Millie's Kitchen (Full Service Catering) — 9905 E Colfax Ave Unit B, Aurora, CO 80010
FAQs
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
