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Mid-Century Office Building Conversion Opportunity
For Sale
$9,900,000

2995 Baseline, Boulder, CO 80303

Three-story office building suitable for multifamily or student housing conversion.

Days on Market98

Property Features for 2995 Baseline

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1974
Listing Agency: Gibbons-White, Inc.
Listed By: Michael-Ryan McCarty · License #FA.040029628
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 12:23PM

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.

Investment Insights

Based on property information with market context.

This three-story, mid-century medical and professional office building presents a conversion opportunity for residential multifamily or student housing. The property is suited for an owner-user medical or professional office with short-term leases. Existing building support is in place for up to 18 dwelling units and 66 bedrooms, with a buildable site able to support up to 26 total dwelling units with parking reduction. The property is located across from Williams Village at CU Boulder, three blocks from the main campus, at the intersection of Baseline Rd, 30th St, and Canyon Creek Rd, all with direct access. It is close to US 36 and on a bus route. The property includes 84 parking spaces (3.23/1,000 Sq Ft), including a two-story post-stressed parking structure with 29 covered spaces. Recent capital improvements include elevator renewal, a refurbished parking structure, new boilers, HVAC upgrades, landscaping, common area and suite improvements. The bike score is 96, indicating a biker's paradise. The walk score is 49, indicating car-dependent. The transit score is 55, indicating good transit.

Key Highlights

  • Prime location across from Williams Village at CU Boulder, just 3 blocks to main campus.
  • Ideal for residential multifamily or student housing conversion; existing support for up to 18 dwelling units/66 bedrooms, buildable site supports up to 26 total units.
  • 84 parking spaces**, including a 2‑story parking structure with 29 covered spaces.

Property Analytics

Current Use

shoulder therapy - elbow ... Medical Clinic Contact Lens Dispensary Eye Care Center Dakota Ridge Family ... Pediatrician William Dodson, III Pediatrician Community Medical Associates Physician

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Nail Salon Locksmith Computer & Electronic Repair Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby

Demographics for 80303, CO

25,328
Population
12,583
Households
2
Avg Household Size
32
Median Age
79%
College-Educated
99%
High-School Grad
21.9 sq mi
ZIP Area
1,157
Density / Sq Mi
$77,344
Median Household Income
$31,661
Median Earnings
$1,833
Median Rent
$941,600
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building suitable for multifamily or student housing conversion.
Where is this office building located?
The property is located at 2995 Baseline Boulder, CO.
What is the asking price?
The asking price for this property is $9,900,000.
What are key features of this property?
This property features: Prime location across from Williams Village at CU Boulder, just 3 blocks to main campus.; Ideal for residential multifamily or student housing conversion; existing support for up to 18 dwelling units/66 bedrooms, buildable site supports up to 26 total units.; 84 parking spaces**, including a 2‑story parking structure with 29 covered spaces.
More about this property
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