Mixed-Use Property with
1724 Broadway, Boulder, CO 80302
For Sale
$4,500,000
Office, retail, café restaurant, and event areas support multiple commercial functions in a downtown setting.
Property Size8,690 SF
Days on Market52
Property Features for 1724 Broadway
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Cap Rate
Patio
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Gibbons-White, Inc.
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Source:
Elliman
Added: Sep 16
Changed: Nov 4
Last Checked: Nov 6 at 10:13AM
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 Gibbons-White, Inc.
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Investment Insights
Based on property information with market context.
The Riverside Building at 1724 Broadway is an 8,690-square-foot mixed-use property combining office, retail, café restaurant, and event space. The layout accommodates 480 people indoors and includes a 1,700-square-foot patio with capacity for 160 guests. The building is positioned directly along Boulder Creek and offers Broadway exposure.
Zoned DT-5 (Downtown 5), the property includes a design for adding 3,200 square feet of residential space. The current operator sale-leaseback is structured for 5 years, and the offering reflects a 6.8% cap rate.
Zoned DT-5 (Downtown 5), the property includes a design for adding 3,200 square feet of residential space. The current operator sale-leaseback is structured for 5 years, and the offering reflects a 6.8% cap rate.
Key Highlights
- 8,690‑square‑foot mixed‑use building at 1724 Broadway in Boulder
- Office, retail, café restaurant, and events space in one property
- Indoor capacity of 480 and outdoor capacity of 160
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,599
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,980
$3.3M
Cap Rate 7%
$2,322,843
$2.3M
Cap Rate 9%
$1,806,656
$1.8M
Market Conditions
NOI Build-Up for 8,690 SF
Gross rent
$229.4K $26.40/SF
− Vacancy
−$12.6K −$1.45/SF
EGI
$216.8K $24.95/SF
− OpEx
−$54.2K −$6.24/SF
NOI
$162.6K $18.71/SF
Area
Boulder, CO
Vacancy
5.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,980
Cap Rate 7%
$2,322,843
Cap Rate 9%
$1,806,656
Alternative Uses
Best Use
Specialty Retail
$2.32M
$2.03M – $2.71M
NOI $162,599 @ 7.0% cap · market cap 3.61%
Second Best
Retail
$2.05M
$1.79M – $2.39M
NOI $143,328 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$2.94M
$2.57M – $3.43M
NOI $205,557 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,369
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Apparel 30%
Shops & Services 30%
Rio Grande Mexican Restaurant
Dining
18,733 visits/mo
0.2 miles
Circle K
Shops & Services
14,196 visits/mo
0.1 miles
Billabong
Apparel
9,266 visits/mo
0.3 miles
Urban Outfitters
Apparel
4,026 visits/mo
0.3 miles
Insomnia Cookies
Dining
3,652 visits/mo
0.5 miles
Demographics for 80302, CO
27,322
Population
13,556
Households
2
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
93.9 sq mi
ZIP Area
291
Density / Sq Mi
$60,649
Median Household Income
$19,586
Median Earnings
$1,850
Median Rent
$1,123,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Mixed-use properties in Boulder County
Vacancy Rate% for Retail in Boulder, CO
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office, retail, café restaurant, and event areas support multiple commercial functions in a downtown setting.
Where is this mixed-use property located?
The property is located at 1724 Broadway Boulder, CO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 8,690‑square‑foot mixed‑use building at 1724 Broadway in Boulder; Office, retail, café restaurant, and events space in one property; Indoor capacity of 480 and outdoor capacity of 160
