Downtown Eagle Office
241 Broadway #203 Eagle, CO 81631
For Sale
$195,000
Unfinished office space with balcony in downtown Eagle.
Property Size895 SF
Price / SF$217.88
Days on Market361
Property Features for 241 Broadway #203
General Information
Standard status
Active
Size
895 SF
Property subtype
Commercial
Building Details
Year Built
2009
Listing Agency:
ALPINE RESORT REAL ESTATE
(970) 471-1787
Listed By:
WENDY S SACKS
Source:
Corcoran
Added: Aug 1, 2025
Changed: Jul 6
Last Checked: Jul 27 at 6:14AM
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 ALPINE RESORT REAL ESTATE
Investment Insights
Based on property information with market context.
This office space is located in downtown Eagle. The property is ADA compliant and features a private balcony. An elevator provides access to a storage unit available in the basement. The 895 square-foot space is currently unfinished, allowing for customization.
Key Highlights
- Customizable unfinished office space allows you to create your ideal workspace.
- Prime downtown Eagle location offers convenience and visibility.
- Enjoy fresh air and city views from your private balcony.
Financial Insights For Office B
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 | $21.5k | $24.00 |
| − Vacancy | −$4.7k | −$5.28 |
| EGI | $16.8k | $18.72 |
| − OpEx | −$4.2k | −$4.68 |
| NOI | $12.6k | $14.04 |
895 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$179.5K
$157.1K – $209.4K
NOI $12,566 @ 7.0% cap · market cap 6.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$245.5K
$214.8K – $286.4K
NOI $17,184 @ 7.0% cap · market cap 8.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Unfinished office space with balcony in downtown Eagle.
Where is this office units located?
The property is located at 241 Broadway #203 Eagle, CO.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Customizable unfinished office space allows you to create your ideal workspace.; Prime downtown Eagle location offers convenience and visibility.; Enjoy fresh air and city views from your private balcony.
