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1525 Spruce St , 1B

Boulder, CO 80302
  • $575,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 981381
UPDATED: 57 min ago
$575,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1984
County:

School Ratings & Info

Description

This listing is for sale on its own - Unit 1B (1451 sq/ft) - or in conjunction with Unit 1A (1,601 Sq/Ft), for a single transaction or overall sale price of $1,225,000. Each unit is for lease at $18/SF +NNN. Fantastic location in the heart of Boulder. Two main level units available. Great curb appeal in well maintained complex with many office possibilities. New roof and new HVAC system. Complex has over $100k in reserves. This location has very little turn over and won't last long. New owners will have a tremendous long term hold investment! Unit 1A had 6 parking spaces, Unit 1B has 4 parking spaces.

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© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-03-24T22:41:32.743.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
www.searsrealestate.com/homes/136628788
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1525 Spruce St , 1B Boulder, CO 80302

  • Price: $575,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 57 min ago
  • MLS #: 981381
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1984
Built
Neighborhood:
Spruce St Plaza Office Condos 2 - Bo
County:
Boulder
Area:
01 Boulder City Limits
Property Description
This listing is for sale on its own - Unit 1B (1451 sq/ft) - or in conjunction with Unit 1A (1,601 Sq/Ft), for a single transaction or overall sale price of $1,225,000. Each unit is for lease at $18/SF +NNN. Fantastic location in the heart of Boulder. Two main level units available. Great curb appeal in well maintained complex with many office possibilities. New roof and new HVAC system. Complex has over $100k in reserves. This location has very little turn over and won't last long. New owners will have a tremendous long term hold investment! Unit 1A had 6 parking spaces, Unit 1B has 4 parking spaces.
Exterior Features

Construction Materials Brick/Brick Veneer Horse YN No Parking Features Paved Parking Per Building Sq Ft 1:100 Or Better Roof Rubber Waterfront YN No

Interior Features

Building Area Total 1451 Cooling Refrigeration/Hvac Cooling YN Yes Heating Forced Air Heating YN Yes Living Area Source Assessor

Property Features

Association YN No Business Type Office Condominium Cap Rate 5.09 Ditches Active YN No Gross Income 29260 Has Association Fee No Has Association2 Fee No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventional Locale Boulder Net Operating Income 29260 New Construction YN No Operating Expense 0 Possible Use CommercialCommercial Or Industrial Property Condition Not NewPreviously Owned Property Sub Type Sale: Commercial/Industrial Special Listing Conditions Private Owner Tenant Pays All Operating Costs (Used Alone) Water Source City WaterCity Of Boulder Zoning Rh-2

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of James Thomas of Re/Max Alliance-Boulder: Info@thomasratay.com.



© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sears Real Estate. Data last updated: 2023-03-24T22:41:32.743.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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