1526 Spruce StBoulder, CO 80302

Property Details for 1526 Spruce St

Year built

1986

Construction

TYPE NOT SPECIFIED

Lot size

0.16 AC

Property size (Sq ft)

3,049 SF

Zone code

2120

Property type

Office properties

Property subtype

Office buildings

APN

1463-30-3-28-005

APU

146330328005

Description

This exceptional 12,368-square-foot free-standing office building at 1526 Spruce Street in Boulder, Colorado, presents a unique owner-user opportunity. Completely renovated in 2021, this three-story building boasts a modern design and high-end finishes. The property features 35 total parking spaces, providing ample convenience for employees and clients. Inside, you'll find newly installed bathrooms and showers, gleaming hardwood floors throughout, an inviting foyer, updated stairwells, and a stunning contemporary glass entryway that floods the space with natural light. The building's energy efficiency is enhanced by the installation of solar panels and state-of-the-art LED chandelier systems. Situated on a 0.16-acre lot in the heart of downtown Boulder, this property is zoned DT-2. Built in 1986, this building offers a blend of classic charm and modern functionality, making it an ideal space for a discerning business. The entire 12,368 square feet is currently vacant, providing immediate occupancy for a single tenant or the potential for multiple tenants. This is a rare opportunity to acquire a prime commercial property in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $560,331

  6.5%

  $517,229

  7%

  $480,284

• Comparable approach

  Method

  Valuation

  Relative Method

  $620,489

  Geo Method

  $251,908

• Alternative Use

  Use

  Valuation

  Residential

  $641,364

  Hospitality

  $587,486

  Educational

  $488,781

  Medical

  $505,591

  Retail

  $760,326

Location Insight

City

Boulder

County

Boulder

State

Colorado

Latitude

40.0196

Longitude

-105.276

CBSA code

14500

CBSA name

BOULDER, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].