1100 13Th St Boulder, CO 80302
- Commercial real estate
- 1,502 SF
- 0.14 lot acres
Current Use by Public Records
- The Corner / Restaurant / Bistro
Property Details for 1100 13Th St
- Year built
- 1927
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.14 lot acres
- Property size
- 1,502 SF
- Zone code
- 2112
- Property type
- Commercial real estate
- APN
- 1463-31-2-45-008
- APU
- 146331245008
Description
This exceptional mixed-use property, located at 1100 13th St in Boulder, Colorado, presents a compelling investment opportunity. The 7,588-8,840 square foot building boasts a prime corner location on University Hill, just steps from the University of Colorado. Built in 1927 and situated within the BMS (Business Main Street) zoning district, this two-story structure offers a unique blend of retail and residential space. Currently operating at 100% occupancy with six tenants, including five retail spaces and one three-bedroom apartment, the property generates a substantial net operating income (NOI) of $171,119, resulting in a 4.25% cap rate. The diverse tenant mix includes established businesses such as The Corner, Brazil on the Hill, the Barber Joint, Tribal Rites, and Pizza 3.14, providing a stable income stream. This well-maintained asset, owned by the same family since the 1940s, presents a rare chance to acquire a proven performer with significant upside potential. The gross lease structure simplifies management, while the value-add investment potential allows for future redevelopment or repositioning. This is a truly unique opportunity to own a piece of Boulder's vibrant history and thriving University Hill community. The asking price is $3,950,000.
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
- -105.276
- Latitude
- 40.0075
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA
