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2995 Baseline Rd
Boulder, CO 80303
BrickHouse Professional Building · Office Property For Sale
EXECUTIVE SUMMARY
– 3-Story Mid-Century Medical & Professional Office Building
– Prime Candidate for Residential Multifamily or Student Housing Conversion
– Ideal for Owner-User Medical or Professional Office with Short-Term Leases
– Area Market Proforma Rents $21.00 / Sq. Ft. NNN for Proforma NOI $536,634
– Existing Building Support for Up to 18 Dwelling Units & 66 Bedrooms with Buildable Site Able to Support Up to 26 Total Dwelling Units with Parking Reduction
– Across from Williams Village at CU Boulder, 3 Blocks to Main Campus
– At the Intersection of Baseline Rd, 30th St & Canyon Creek Rd, All with Direct Access to the Property, Close to US 36 & on Bus Route
– Parking: 84 Spaces (3.23/1,000 Sq Ft) including 2-Story Post-Stressed Parking Structure with 29 Covered Spaces
– Recent Capital Improvements including Elevator Renewal, Refurbished Parking Structure, New Boilers, HVAC Upgrades, Landscaping, Common Area & Suite Improvements & More
– Prime Candidate for Residential Multifamily or Student Housing Conversion
– Ideal for Owner-User Medical or Professional Office with Short-Term Leases
– Area Market Proforma Rents $21.00 / Sq. Ft. NNN for Proforma NOI $536,634
– Existing Building Support for Up to 18 Dwelling Units & 66 Bedrooms with Buildable Site Able to Support Up to 26 Total Dwelling Units with Parking Reduction
– Across from Williams Village at CU Boulder, 3 Blocks to Main Campus
– At the Intersection of Baseline Rd, 30th St & Canyon Creek Rd, All with Direct Access to the Property, Close to US 36 & on Bus Route
– Parking: 84 Spaces (3.23/1,000 Sq Ft) including 2-Story Post-Stressed Parking Structure with 29 Covered Spaces
– Recent Capital Improvements including Elevator Renewal, Refurbished Parking Structure, New Boilers, HVAC Upgrades, Landscaping, Common Area & Suite Improvements & More
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
25,554 SF
Building Class
B
Year Built
1974
Price
$13,819,608 CAD
Price Per SF
$540.80 CAD
Percent Leased
60%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,518 SF
Building FAR
0.55
Lot Size
1.06 AC
Zoning
BT-1, Boulder
Parking
87 Spaces (3.29 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1463323-07-003 | Improvements Assessment | $1,378,744 CAD |
| Land Assessment | $965,465 CAD | Total Assessment | $2,344,209 CAD |
PROPERTY TAXES
Parcel Number
1463323-07-003
Land Assessment
$965,465 CAD
Improvements Assessment
$1,378,744 CAD
Total Assessment
$2,344,209 CAD
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