Renovated Multi-Tenant Office
207 Canyon Blvd, Boulder, CO 80302
For Sale
$4,800,000
Commercial Sale, Boulder, CO
Property Size14,466 SF
Lot Size1.14 Acres
Price / SF$331.81
Days on Market426
Property Features for 207 Canyon Blvd
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
APN
Lot size
Utilities
Heating system
Cooling system
Water source
Amenities
Stunning Views
Outdoor Courtyard with Work Spaces
Common Showers
Building Details
Year built
Building materials
Roof type
Listing Agency:
Gibbons-White, Inc.
(303) 442-1040
Listed By:
Michael-Ryan McCarty · License #FA.040029628
(303) 586-5939
Added: Sep 10, 2025
Changed: Oct 5
Last Checked: Nov 9 at 7:06AM
MLS# 1043343
Copyright © 2026 IRES MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 14,466-square-foot office building is occupied by four tenants and has undergone a complete renovation and modernization. The property includes a landscaped outdoor courtyard with work areas, common showers, 31 reserved parking spaces, and access to additional shared parking. Central air and forced-air heating serve the building, which was constructed in 1979 and has a composition roof and composition exterior materials.
The 1.14-acre property is positioned west of downtown Boulder, across from Boulder Creek and Eben G. Fine Park. RMX-1 zoning applies to the site. Its setting combines a professional office environment with direct proximity to established outdoor amenities and a tranquil creekside context.
The 1.14-acre property is positioned west of downtown Boulder, across from Boulder Creek and Eben G. Fine Park. RMX-1 zoning applies to the site. Its setting combines a professional office environment with direct proximity to established outdoor amenities and a tranquil creekside context.
Key Highlights
- 14,466 SF office building occupied by 4 tenants
- Complete renovation and modernization completed
- 31 reserved parking spaces plus additional shared spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$203,363
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,067,260
$4.1M
Cap Rate 7%
$2,905,186
$2.9M
Cap Rate 9%
$2,259,589
$2.3M
Market Conditions
NOI Build-Up for 14,466 SF
Gross rent
$381.9K $26.40/SF
− Vacancy
−$110.8K −$7.66/SF
EGI
$271.2K $18.74/SF
− OpEx
−$67.8K −$4.69/SF
NOI
$203.4K $14.06/SF
Area
Boulder, CO
Vacancy
29.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,067,260
Cap Rate 7%
$2,905,186
Cap Rate 9%
$2,259,589
Alternative Uses
Best Use
Office B
$2.91M
$2.54M – $3.39M
NOI $203,363 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.89M
$4.28M – $5.70M
NOI $342,185 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
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
$1,123,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in Boulder, CO
Properties on Market for Office buildings in Boulder
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Fully leased office property with shared outdoor work areas, showers, and reserved parking.
Where is this office building located?
The property is located at 207 Canyon Blvd Boulder, CO.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: 14,466 SF office building occupied by 4 tenants; Complete renovation and modernization completed; 31 reserved parking spaces plus additional shared spaces
