Office Condo with Private
For Sale
$599,000
2930 Broadway St 105, Boulder, CO 80304
The unit includes a reception area, conference room, kitchenette, and four dedicated garage parking spaces.
Property Size1,275 SF
Price / SF$469.80
Days on Market145
Property Features for 2930 Broadway St 105
General Information
Standard status
Active
Size
1,275 SF
Total Parking Spaces
4
Property subtype
Office
Site & Location
Neighborhood
Central Boulder
Additional Details
Tenant in Place
Yes
Property Use
Office
Taxes and HOA fees
Annual Taxes
$16,859
Amenities
library
recreation room
lounge areas
kitchen
laundry room
Building Details
Building Size
1,275 SF
Year Built
2017
Listing Agency:
RE/MAX Alliance-Boulder
Listed By:
James Thomas · License #100031661
(303) 543-0625
Source:
Flatironsbrokerage
Added: Jun 5
Changed: Oct 27
Last Checked: Oct 27 at 4:04AM
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
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Investment Insights
Based on property information with market context.
This 1,275-square-foot office condominium, built in 2017, is arranged with a reception and waiting area, a large conference room, three private offices, a kitchenette, and a restroom. Four dedicated garage parking spaces are included. Shared building amenities include a library, recreation room, lounge areas, a kitchen, and a laundry room.
The property is on Broadway, just north of Ideal Market, with shopping, parks, and other neighborhood amenities nearby. The unit is leased through October 1, 2026.
The property is on Broadway, just north of Ideal Market, with shopping, parks, and other neighborhood amenities nearby. The unit is leased through October 1, 2026.
Key Highlights
- 1,275‑square‑foot office condominium built in 2017
- Three private offices, a large conference room, reception and waiting area, kitchenette, and restroom
- Four dedicated garage parking spaces
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
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
NOI $30,159 @ 7.0% cap · market cap 5.03%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,197
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The unit includes a reception area, conference room, kitchenette, and four dedicated garage parking spaces.
Where is this office unit located?
The property is located at 2930 Broadway St 105 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: 1,275‑square‑foot office condominium built in 2017; Three private offices, a large conference room, reception and waiting area, kitchenette, and restroom; Four dedicated garage parking spaces
