1123 Spruce St, Unit 1 Boulder, CO 80302-4001
- Commercial real estate
- 3,012 SF
- 0.16 lot acres
Current Use by Public Records
- Vista Advisory Group / Financial Consultant
- Karavas & Kranz, P.C. / Law Firm / Legal Services
- Milstein Turner, PLLC / Law Firm
- Pledge 1% Colorado / Non-Profit Organization
- Wisdom Tree Medicine / Medical Clinic
Property Details for 1123 Spruce St
- Year built
- 1875
- Construction
- BRICK
- Lot size
- 0.16 lot acres
- Property size
- 3,012 SF
- Zone code
- 2121
- Property type
- Commercial real estate
- APN
- 1463-30-3-70-001
- APU
- 146330370001
Description
1123 Spruce Street offers exceptional executive office suites in the heart of Downtown Boulder. This historic three-story building, one of Boulder's oldest remaining brick structures and part of the original townsite, provides a unique and prestigious address. Two spaces are currently available, ranging from 323 to 500 contiguous square feet, with a total building size of 10,000 square feet. The building is classified as Class B and features convenient second and third-floor suites. Each suite offers direct elevator access into a shared reception area, enhancing both privacy and professional presentation. Shared amenities include community conference rooms and kitchenettes, adding value and convenience for tenants. The building's prime location is just a short walk from the vibrant Pearl Street Mall and a wide array of restaurants and retailers, providing a dynamic and accessible work environment. Currently, 823 square feet of space is vacant, offering flexibility for businesses of various sizes. The minimum divisible space is 323 square feet. This property presents a rare opportunity to lease office space in a landmark building with significant historical character and a highly desirable location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $815,000
- 6.5%
- $750,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,415,000
Market price range: $364k - $3.02M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boulder
- County
- Boulder
- State
- Colorado
- Longitude
- -105.281
- Latitude
- 40.019
- CBSA code
- 14500
- CBSA name
- BOULDER, CO METROPOLITAN STATISTICAL AREA