1143 Portland PlBoulder, CO 80304

Property Details for 1143 Portland Pl

Year built

2003

Construction

CONCRETE

Lot size

0.20 AC

Property size (Sq ft)

6,860 SF

Zone code

2120

Property type

Office buildings

APN

1461-25-1-00-010

APU

146125100010

Description

This exceptional Boulder, CO commercial property at 1143 Portland Pl, zip code 80304, offers 2,800 square feet of immediately available space in a three-story, 5,687 square foot building. Built in 2014 and renovated in 2020, the Class B building features four suites, each a minimum of 1,400 square feet and a maximum of 2,800 contiguous square feet. The property is ideally suited for a variety of uses, including traditional office, executive office, medical office, flex space, creative office, R&D, and coworking. Amenities include 30 parking spaces, 110/240 power, and elevator access. The building boasts a prime location in Boulder's bustling hub, offering unparalleled visibility and accessibility near the Pearl Street Mall and Broadway. Four public lobby bathrooms provide convenience for tenants and clients. New tenant finishes are welcome, allowing for customization to meet specific business needs. Flexible lease terms are available to accommodate diverse business types and sizes. This is a unique opportunity to establish a presence in a vibrant and desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,260,700

  6.5%

  $1,163,723

  7%

  $1,080,600

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,396,048

  Geo Method

  $566,773

• Alternative Use

  Use

  Valuation

  Residential

  $1,443,016

  Hospitality

  $1,321,795

  Educational

  $1,099,718

  Medical

  $1,137,539

  Retail

  $1,710,672

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0235

Longitude

-105.283

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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