Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office Building For Sale Title is generated by Realmo AI

    207 Canyon, Boulder, CO 80302

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $4,800,000

    Fully leased, renovated office building with outdoor courtyard near downtown.

    Type:Commercial
    Property size:
    14,466 SF
    Price / SF:
    $331/SF
    Added:
    Apr 24, 2026
    Days on Market:
    23
    Last Refresh:
    Apr 24 at 4:27 pm

    Property Features for 207 Canyon

    General Information

    Standard status
    Active
    Size
    14,466 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1979

    We can help!

    Listing Contact
    Michael-Ryan McCarty
    Michael-Ryan McCarty

    Listing agent Michael-Ryan McCarty License #FA.040029628

    Listing office Gibbons-White, Inc.

    Listing date Apr 24, 2026

    Source Elliman

    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.

    HighLights

    • Fully Leased to 4 Tenants: Provides immediate income.
    • Completely Renovated & Modernized: Offers a contemporary space.
    • Prime Location: Just West of Downtown Boulder, across from Boulder Creek & Eben G. Fine Park.
    • High Walk & Bike Scores: Walker's Paradise (98) and Biker's Paradise (100).
    • Magnificent Outdoor Courtyard with Work Spaces: Enhances work environment.
    • 31 Reserved Parking Spaces: Dedicated parking.

    Overview

    This 14,466 square foot office building is fully leased to four tenants. The property has been completely renovated and modernized. It features views and an outdoor courtyard with workspaces, as well as common showers. There are 31 reserved parking spaces for the property, with additional shared spaces. The building is located just west of downtown Boulder, across from Boulder Creek and Eben G. Fine Park, in a tranquil setting. The bike score is 100, indicating it is a biker's paradise. The walk score is 98, indicating it is a walker's paradise. The transit score is 58, indicating good transit.
    Location Intelligence

    Current Use by Public Records

    11 Dollar Bill ... Film Production Sinoway Celia Psychologist Physician My Therapy Company Physician Stahly Mehrtens Miner ... Law Firm Paustenbach and Associates Consultant

    Suggested Use

    Real Estate Agency Restaurant Dental Office Spa & Massage Center Hair Salon Law Firm Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boulder
    County
    Boulder
    State
    Colorado
    Longitude
    -105.2939417
    Latitude
    40.0144424

    Nearby Similar for Sale

    • $725,000

      Bright Office Condo in Boulder

      Modern office condo with parking in Washington Village.
      2930 Broadway St, Boulder, CO 80304
      View Details
    • $2,910,000
      5,589 SF

      Boulder Triplex: High-Performing Investment

      Well-maintained triplex in Williams Village with strong income and stability.
      650 Inca Pkwy, Boulder, CO 80303
      View Details
    • $515,000

      Retail Condo in Boulder, Colorado

      Retail condo operating as a dispensary, leased through 2026.
      5420 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $415,000

      Boulder Commercial Condo Unit For Sale

      1,224 SF commercial condo with office, retail, and fitness potential.
      5420 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $3,073,500

      Medical/Professional Office Building For Sale

      Medical/Professional office building in Gunbarrel setting, Boulder, Colorado.
      7490 Clubhouse Rd, Boulder, CO 80301
      View Details
    • $4,800,000

      Renovated Office Building with Courtyard

      Fully leased, renovated office building near downtown Boulder with courtyard.
      207 Canyon Blvd, Boulder, CO 80302
      View Details
    • $3,841,000

      East Boulder Office Building For Sale

      Office building near Flatirons Golf Course with tenant mix.
      5600 Arapahoe Ave, Boulder, CO 80303
      View Details
    • $495,000

      Office Condo with Mountain Views

      Office condo for sale with flexible zoning and ample parking.
      6658 Gunpark Dr, Boulder, CO 80301
      View Details
    • $799,000
      1,044 SF

      Downtown Boulder Office Redevelopment Opportunity

      Historic office building in downtown Boulder with redevelopment potential.
      1733 Canyon Blvd, Boulder, CO 80302
      View Details
    • $9,900,000

      Mid-Century Office Building Conversion Opportunity

      Three-story office building suitable for multifamily or student housing conversion.
      2995 Baseline Rd, Boulder, CO 80303
      View Details
    • $725,000

      Bright Office Condo in Boulder

      Modern office condo with parking, amenities, and prime location.
      2930 Broadway St 105, Boulder, CO 80304
      View Details
    • $2,200,000
      7,803 SF

      Standalone Office Building in Gunbarrel

      Large office building with private offices and ample parking.
      6290 Lookout, Boulder, CO 80301
      View Details

    FAQs

    What type of property is this?
    Office building - Fully leased, renovated office building with outdoor courtyard near downtown.
    Where is this office building located?
    The property is located at 207 Canyon 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: Fully Leased to 4 Tenants: Provides immediate income.; Completely Renovated & Modernized: Offers a contemporary space.; Prime Location: Just West of Downtown Boulder, across from Boulder Creek & Eben G. Fine Park.
    (303) 586-5939
    We can help!
    Listing Contact
    Michael-Ryan McCarty
    Michael-Ryan McCarty
    Real Estate License ID: FA.040029628
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    207 Canyon, Boulder, CO 80302
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!