North Boulder Retail/Office
1200 Yarmouth Ave Boulder, CO 80304
1200 Yarmouth Ave, Boulder, CO, 80304
Contact for pricing
For Sale
Contact for pricing
First-floor condo with offices, meeting room, kitchen, and excellent frontage.
Property Size2,473 SF
Price / SF$395
Days on Market1011
Property Features for 1200 Yarmouth Ave
General Information
- Standard status
- Active
- Size
- 2,473 SF
- Property subtype
- Office, Retail
Building Details
- Year Built
- 2003
Listing agency
Gibbons-White Inc
(303) 442-1040
Listed by
Michael-Ryan McCarty · License #CO FA.040029628
Source
Crexi
Added: Oct 17, 2023 Updated: Jul 10 at 11:22AM Checked: Jul 21 at 8:56AM
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 first-floor condo in North Boulder is suitable for retail or office use. The property features six private offices, a large meeting room, a well-appointed kitchen and break area, two restrooms, and storage space. It can be easily divided to create a separate retail area and offices. The condo benefits from excellent frontage on Yarmouth Avenue, with a second direct entrance from the parking area. The property is surrounded by amenities, including Spruce Confections, Amante Coffee, Tierra y Fuego Taqueria, Moxie Bread Company, and Bacco Trattoria. The BMS zoning allows for a wide range of uses, including personal service, office, medical, retail, and financial services. The property has a size of 2473 square feet.
Key Highlights
- Excellent Yarmouth Frontage with 2 Direct Entrances
- BMS Zoning Allows for a Wide Range of Uses
- 6 Private Offices, Large Meeting Room, Well‑Appointed Kitchen & Break Area, 2 Restrooms & Storage
Local Financial Insights For Retail
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 | $62.3k | $25.20 |
| − Vacancy | −$4.1k | −$1.64 |
| EGI | $58.3k | $23.56 |
| − OpEx | −$17.5k | −$7.07 |
| NOI | $40.8k | $16.49 |
2,473 SF · lease $25.20/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$582.7K
$509.9K – $679.8K
NOI $40,788 @ 7.0% cap · market cap 4.18%
Second Best
Office B
$496.6K
$434.6K – $579.4K
NOI $34,765 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$835.7K
$731.2K – $975.0K
NOI $58,497 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rock Pediatric Dentistry
Dental Office
Dr. Richard Abrams
Dental Office
Abrams Richard B ...
Dental Office
Bacco | Trattoria & Mozzarella ...
Restaurant
Ahonui Makai LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - First-floor condo with offices, meeting room, kitchen, and excellent frontage.
Where is this office units located?
The property is located at 1200 Yarmouth Ave Boulder, CO.
What is the asking price?
The asking price for this property is $976,835.
What are key features of this property?
This property features: Excellent Yarmouth Frontage with 2 Direct Entrances; BMS Zoning Allows for a Wide Range of Uses; 6 Private Offices, Large Meeting Room, Well‑Appointed Kitchen & Break Area, 2 Restrooms & Storage
