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1319 Spruce St
Boulder, CO 80302
Randolph Bldg · Office Property For Sale
Investment Highlights
- Historic building in Downtown Boulder
- 7.4% cap rate (‘26-’27 income)
- Fully leased through July 2027
Executive Summary
Downtown Boulder offers an outstanding combination of strong demographics and excellent market factors, all located in one of the most desirable entertainment/shopping districts in the United States.
From outstanding demographics to high frequency of usage, Downtown Boulder is one of the best locations in Colorado to place your business for maximum sales opportunity.
Downtown Boulder is one of the nation's hubs of the new economy and entrepreneurial companies. With over 10,000 employees downtown, the district enjoys the advantages of a built-in market. Employees are in downtown Boulder regardless of the time of year or weather conditions, making them an active consumer group during traditionally slow times or during inclement weather.
From outstanding demographics to high frequency of usage, Downtown Boulder is one of the best locations in Colorado to place your business for maximum sales opportunity.
Downtown Boulder is one of the nation's hubs of the new economy and entrepreneurial companies. With over 10,000 employees downtown, the district enjoys the advantages of a built-in market. Employees are in downtown Boulder regardless of the time of year or weather conditions, making them an active consumer group during traditionally slow times or during inclement weather.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
7,924 SF
Building Class
C
Year Built
1924
Price
$6,238,060 CAD
Price Per SF
$787.24 CAD
Cap Rate
7.40%
NOI
$461,616 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,494 SF
Building FAR
1.13
Lot Size
0.16 AC
Zoning
N/Av
Property Taxes
| Parcel Number | 1463303-16-005 | Improvements Assessment | $971,644 CAD |
| Land Assessment | $857,077 CAD | Total Assessment | $1,828,721 CAD |
Property Taxes
Parcel Number
1463303-16-005
Land Assessment
$857,077 CAD
Improvements Assessment
$971,644 CAD
Total Assessment
$1,828,721 CAD
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