Investment Retail Building for Sale

1825-1827 Pearl Street, Boulder, Colorado 80302, USA

Sale Price
$4,800,000 ($551.40/SF)
Type
Commercial Kitchen, Investment, Office Space, Restaurant, Retail
Offered
For Sale
Zoning
MU-3
Location
Boulder
Building Size
8,705 SF
Operating Expenses
$16.50/SFG

Description

1825-27 Pearl St. presents the opportunity for an investor to acquire 8,705 square feet, fully leased, retail asset located in the heart of downtown Boulder, Colorado.
Situated in the heart of downtown Boulder, the property is configured into three flexible suites broken down into two retail suites comprising approximately 6,124 total square feet of the building with the remaining 2,581 square feet being occupied by an office tenant on the second floor. With long term leases in place, this asset provides stable in-place income supported by a diversified tenant roster. This building is locally owned and historically has remained occupied for over 20 years. With local Boulder staples such as Boxcar Coffee Roasters and Foodlab this asset provides stable income for an investor in an otherwise turbulent market. The property’s flexible configuration supports a broad range of retail and office users.
Recent List of Building Improvements:
  • Repainted and sanded building exterior
  • Upgraded upstairs office with high-end, full-glass conference room doors
  • Renovated second-floor outdoor patio
  • HVAC units inspected and serviced

Location: 1825-1827 Pearl Street, Boulder, Colorado 80302, USA