$775,000
●
Commercial -
Off Market
2400 Broadway Street #C
Boulder, CO 80304
Studio
0 Bath
1,700 Ft²
$864,527
RealtyHop Estimate
8.20%
Since Sep 1, 2021
CO-Denver
Primary Model
About This Property
LIVE/WORK Commercial Condo offers endless opportunities. Great
LOCATION/Great VISIBILITY. On Broadway a few blocks to Pearl Street
and Ideal Marketplace. BT-2 zoning allows residential, office, art
studio, medical, limited retail, etc. Main floor is
approximately 900 sq ft filled with natural light from expansive
skylight hosting reception desk, sitting area, salon and bathroom.
Amenities include beautiful window lines, fire sprinklers and
a front and rear entrance door. Downstairs is approximately 800 sq
ft. and has full bathroom with shower, laundry area, living area,
office and storage. 3 parking spaces, plus 2 handicap parking
spaces (1 van accessible).
Unit Size
1,700 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$470
Property Type
Commercial
Property Taxes
$909
HOA Dues
-
Year Built
-
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (REcolorado MLS #REC5221670)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 18, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2019 | No longer available | - | |
| No longer available | |||
| Aug 20, 2019 | Relisted | $799,000 | |
| Relisted | |||
| Aug 18, 2019 | No longer available | - | |
| No longer available | |||
| Jul 3, 2019 | Listed | $799,000 | |
| Listed | |||
| | |||
|
LIVE/WORK Commercial Condo offers endless opportunities. Great LOCATION/Great VISIBILITY. On Broadway a few blocks to Pearl Street and Ideal Marketplace. BT-2 zoning allows residential, office, art studio, medical, limited retail, etc. Main floor is approximately 900 sq ft filled with natural light from expansive skylight hosting reception desk, sitting area, salon and bathroom. Amenities include beautiful window lines, fire sprinklers and a front and rear entrance door. Downstairs is approximately 800 sq ft. and has full bathroom with shower, laundry area, living area, office and storage. 3 parking spaces, plus 2 handicap parking spaces (1 van accessible).
| |||
Property Highlights
Air Conditioning
With View
Parking Details
Total Number of Parking: 3
Parking Features: Asphalt
Interior Details
Interior Features: Heated Basement, Private Bathrooms, Smoke Free
Appliances: Gas Water Heater
Flooring Type: Carpet, Linoleum
Basement: Interior Entry
Exterior Details
Property Type: Commercial Sale
Property Sub Type: Office
Property Condition: Updated/Remodeled
Year Built: 1984
Levels: One
Building Area Total: 1700
Construction Methods: Brick, Concrete
Roof: Membrane
Lot Features: Corner Lot, Near Public Transit
Lot Size Acres: 0.07
Lot Size Square Feet: 3063
Financial Details
Tax Year: 2018
Tax Annual Amount: $10,912
Utilities Details
Cooling: Central Air
Heating: Forced Air, Hot Water, Natural Gas
Location Details
County or Parish: Boulder
Other Details
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/11/2022
|
2 Bed
|
3 Bath
|
1708 ft²
|
$1,850,000
2 Bed
3 Bath
1708 ft²
|
$1,835,000
-0.81%
09/02/2022
|
Zachary Zeldner
Compass - Boulder
| |
|
09/17/2020
|
2 Bed
|
3 Bath
|
1708 ft²
|
$1,065,000
2 Bed
3 Bath
1708 ft²
|
$1,030,000
-3.29%
04/16/2021
|
Marcia Cotlar
8z Real Estate
| |
|
06/29/2019
|
Loft
|
-
|
1700 ft²
|
$799,000
Loft
-
1700 ft²
|
$775,000
-3.00%
08/18/2021
|
Diane Popp
Keller Williams Preferred Realty
| |
|
04/23/2019
|
Studio
|
-
|
-
|
$870,000
Studio
-
|
$775,000
-10.92%
11/12/2019
|
James Thomas
| |
|
06/07/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
Building Info
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