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Bright Office Condo For Sale

2930 Broadway St Unit 105 Boulder CO, Boulder, CO 80304

For Sale
Contact for pricing

Modern office condo with parking in Washington Village.

Property Size1,275 SF
Price / SF$469.80
Days on Market1303

Property Features for 2930 Broadway St Unit 105 Boulder CO

General Information

Standard status Active
Size 1,275 SF
Class A
Property subtype Office
Occupancy 100%
Lease Type Gross
Investment Type Owner/User

Site & Location

Neighborhood North Boulder

Building Details

Year Built 2017
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: RE/MAX Alliance - Boulder
Listed By: Jim Thomas · License #CO
Source: Crexi
Added: Apr 17, 2023 Changed: Oct 26 Last Checked: Nov 8 at 6:42AM

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 RE/MAX Alliance - Boulder

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This modern and bright office condo is located in Washington Village. The 1,275 square-foot unit features a reception/waiting area, a large conference room, three private offices, a kitchenette, and a restroom. The property includes four dedicated garage parking spaces. Common amenities include a library, recreation room, lounge areas, a kitchen, and a laundry room. Situated on Broadway, just north of Ideal Market, the location provides easy access to shopping, parks, and other neighborhood amenities. The property is leased until October 2026.

Key Highlights

  • Four dedicated, garage parking spaces.
  • Modern office condo in Washington Village.
  • Includes reception area, large conference room, three private offices, kitchenette, and restroom.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,924
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$358,480 $358.5K
Cap Rate 7%
$256,057 $256.1K
Cap Rate 9%
$199,156 $199.2K
Market Conditions
NOI Build-Up for 1,275 SF
Gross rent
$33.7K $26.40/SF
− Vacancy
−$9.8K −$7.66/SF
EGI
$23.9K $18.74/SF
− OpEx
−$6.0K −$4.69/SF
NOI
$17.9K $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%
$358,480
Cap Rate 7%
$256,057
Cap Rate 9%
$199,156

Alternative Uses

Best Use
Office B
$256.1K
$224.1K – $298.7K (±1% cap)
NOI $17,924 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$430.8K
$377.0K – $502.7K (±1% cap)
NOI $30,159 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

786
Businesses Nearby

Demographics for 80304, CO

27,532
Population
11,717
Households
2.3
Avg Household Size
41
Median Age
78%
College-Educated
95%
High-School Grad
9.0 sq mi
ZIP Area
3,059
Density / Sq Mi
$121,534
Median Household Income
$60,155
Median Earnings
$1,956
Median Rent
$1,166,100
Median Home Value

Market

Properties on Market for Office Units in Boulder

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Modern office condo with parking in Washington Village.
Where is this office unit located?
The property is located at 2930 Broadway St Unit 105 Boulder CO Boulder, CO.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Four dedicated, garage parking spaces.; Modern office condo in Washington Village.; Includes reception area, large conference room, three private offices, kitchenette, and restroom.
(303) 543-0625 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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