1100 13Th StBoulder, CO 80302

Property Details for 1100 13Th St

Year built

1927

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.14 AC

Property size (Sq ft)

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.

• Alternative Use

  Use

  Valuation

  Residential

  $371,691

  Hospitality

  $340,467

  Educational

  $283,265

  Medical

  $293,007

  Retail

  $440,634

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0075

Longitude

-105.276

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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