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Office Unit with Studio Space
For Sale
$495,000

4520 Broadway St C-4C, Boulder, CO 80304

A multi-room layout includes a reception area, two offices, a breakroom, and a restroom.

Property Size1,003 SF
Price / SF$493.52
Days on Market463

Property Features for 4520 Broadway St C-4C

General Information

Standard status Active
Size 1,003 SF
Property subtype Office

Site & Location

Neighborhood North Boulder
Road Access Yes

Additional Details

Currently Operating Yes
Property Use Art Studio & Gallery

Taxes and HOA fees

Annual Taxes $12,125

Amenities

breakroom
restroom

Building Details

Building Size 1,003 SF
Year Built 2005
Listing Agency: Gibbons-White, Inc.
Listed By: Michael-Ryan McCarty · License #FA.040029628
Source: Flatironsbrokerage
Added: Jul 22, 2025 Changed: Oct 27 Last Checked: Oct 27 at 4:19AM

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.

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 1,003-square-foot office unit was built in 2005. Its configuration includes a reception area, a double-sized studio or conference room, one large office, one smaller office, a breakroom, and a restroom. The space has served as an art studio and gallery and previously as a medical office.

The unit faces west on Broadway, with parking directly in front and additional spaces behind the building. Signage is available on Broadway.

Key Highlights

  • 1,003‑square‑foot office unit
  • Reception area, double‑sized studio or conference room, one large office, and one small office
  • Breakroom and restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,100
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,000 $282.0K
Cap Rate 7%
$201,429 $201.4K
Cap Rate 9%
$156,667 $156.7K
Market Conditions
NOI Build-Up for 1,003 SF
Gross rent
$26.5K $26.40/SF
− Vacancy
−$7.7K −$7.66/SF
EGI
$18.8K $18.74/SF
− OpEx
−$4.7K −$4.69/SF
NOI
$14.1K $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%
$282,000
Cap Rate 7%
$201,429
Cap Rate 9%
$156,667

Alternative Uses

Best Use
Office B
$201.4K
$176.3K – $235.0K (±1% cap)
NOI $14,100 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.9K
$296.6K – $395.4K (±1% cap)
NOI $23,725 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Barber Shop Pharmacy (Bike/Boat/Book/etc) Store Catering Service Food Market

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

910
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office unit - A multi-room layout includes a reception area, two offices, a breakroom, and a restroom.
Where is this office unit located?
The property is located at 4520 Broadway St C-4C Boulder, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,003‑square‑foot office unit; Reception area, double‑sized studio or conference room, one large office, and one small office; Breakroom and restroom
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