3445 Penrose Pl Boulder, CO 80301
- Office Properties & Spaces
- 1,128 SF
Current Use by Public Records
- Dawn O. Taylor, Ph.D., P.C. / Psychologist
- Craig Larson, DDS / Dentist / Cosmetic Dentist
- Dr. William Wenokor, MD / Psychiatrist
- Dann-Courtney Priscilla PHD / Psychologist
- Goldsmith Lauren R / Psychologist
Property Details for 3445 Penrose Pl
- Property size
- 1,128 SF
- Property type
- Office Properties & Spaces
Description
This Boulder, Colorado office property offers two adjacent, updated units totaling 1,128 square feet, ideal for owner-occupancy or investment. Priced at $495,000 ($438.83/sq ft), the property features Suite 225 (445 sq ft), currently leased month-to-month, and Suite 230 (683 sq ft) with a conference room and kitchenette. The units boast ample natural light and a dedicated parking spot in a large lot. The property's Net Operating Income (NOI) is $8,000, with a 50% occupancy rate. This presents a unique opportunity to occupy both units for a larger office space, utilize one while leasing the other, or lease both as separate, highly desirable office condos. Located at 3445 Penrose Pl, Boulder, CO 80301, this traditional office space offers easy access to the Front Range. The gross lease structure simplifies management. The property is not subject to a ground lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.248
- Latitude
- 40.0377
