Downtown Boulder Retail &
For Sale
Contact for pricing
1735-1737 15th St, Boulder, CO 80302
Classic building with exposed brick, wood timbers, and high ceilings.
Property Size7,758 SF
Lot Size0.33 Acres
Price / SF$580
Days on Market764
Property Features for 1735-1737 15th St
General Information
Standard status
Active
Size
7,758 SF
Total Parking Spaces
22
Lot size
0.33 Acres
Property subtype
Retail, Office
Zoning
DT-5
Building Details
Buildings
1
Stories
2
Listing Agency:
Gibbons-White Inc
Listed By:
Michael-Ryan McCarty · License #CO FA.040029628
(303) 442-1040
Source:
Crexi
Added: Sep 11, 2024
Changed: Oct 3
Last Checked: Oct 12 at 7:03PM
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 classic downtown Boulder building offers both retail and office space. The property features exposed brick, beautiful wood timbers, and high ceilings. The second floor provides office space with flexible layout options, including a reception area, a large conference room, 10 offices, an open work area, a balcony, and views of the Flatirons. The property has direct access to the Boulder Creek Path and is located two blocks from Pearl Street Mall. Situated on a 0.33-acre site with DT-5 zoning, the property also includes a separate 338-square-foot storage building. There are 10 on-site parking spaces available at no cost, contributing to a total of 22 spaces for the building. The total property size is 7758 square feet.
Key Highlights
- Prime Downtown Boulder Location: Direct access to Boulder Creek Path and 2 blocks from Pearl Street Mall.
- Large 0.33 Acre Site: DT‑5 Zoning offers potential development opportunities.
- Unique Architectural Features: Exposed brick, beautiful wood timbers, and high ceilings.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$125,796
Cap Rate
2.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,515,920
$2.5M
Cap Rate 7%
$1,797,086
$1.8M
Cap Rate 9%
$1,397,733
$1.4M
Market Conditions
NOI Build-Up for 7,758 SF
Gross rent
$214.1K $27.60/SF
− Vacancy
−$12.8K −$1.66/SF
EGI
$201.3K $25.94/SF
− OpEx
−$75.5K −$9.73/SF
NOI
$125.8K $16.22/SF
Area
Boulder, CO
Vacancy
6.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,515,920
Cap Rate 7%
$1,797,086
Cap Rate 9%
$1,397,733
Alternative Uses
Best Use
Mixed Use
$1.80M
$1.57M – $2.10M
NOI $125,796 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,511 @ 7.0% cap · market cap 4.08%
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
Location Intelligence
Trade Area within ½ mile
5,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 80302, CO
27,322
Population
13,556
Households
2
Avg Household Size
29
Median Age
75%
College-Educated
98%
High-School Grad
93.9 sq mi
ZIP Area
291
Density / Sq Mi
$60,649
Median Household Income
$19,586
Median Earnings
$1,850
Median Rent
$1,123,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Classic building with exposed brick, wood timbers, and high ceilings.
Where is this mixed-use property located?
The property is located at 1735-1737 15th St Boulder, CO.
What is the asking price?
The asking price for this property is $4,499,640.
What are key features of this property?
This property features: Prime Downtown Boulder Location: Direct access to Boulder Creek Path and 2 blocks from Pearl Street Mall.; Large 0.33 Acre Site: DT‑5 Zoning offers potential development opportunities.; Unique Architectural Features: Exposed brick, beautiful wood timbers, and high ceilings.
