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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

Property Facts

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
$13,505,976 CAD
Price Per SF
$528.53 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)

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Fl-Ste 110
  • 1,650 SF
  • Office
  • Full Build-Out
  • Now

– Updated Professional & Medical Suites & Individual Offices Available – Suite 110 - Is a First Floor Office Suite With Reception Area, Seven Offices, Kitchenette, Washer / Dryer Hookups & Wood Laminate Flooring Throughout – Ample Free Parking & Reserved Covered Parking Available

  • 1st Fl-Ste 112
  • 150 SF
  • Office
  • Full Build-Out
  • Now

– Updated Professional & Medical Suites & Individual Offices Available – Suite 112 - Available as Individual Offices or Treatment Rooms with Shared Waiting Area with Kitchenette & Lounge Area – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

  • 2nd Fl-Ste 210
  • 4,282 SF
  • Office/Medical
  • Full Build-Out
  • Now

– Only $12.00 NNN for up to 2 Years for New Leases on Suites 210 & 314! – Updated Professional & Medical Suites & Individual Offices Available – Suite 210 - Turnkey Medical Office Suite with Spacious Reception Waiting Area, Exam Rooms with Sinks, Offices & Nurse Stations – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

  • 3rd Fl-Ste 314
  • 4,137 SF
  • Office
  • Full Build-Out
  • Now

– Only $12.00 NNN for up to 2 Years for New Leases on Suites 210 & 314! – Updated Professional & Medical Suites & Individual Offices Available – Suite 314 - Large, Mostly Open Office Suite with Large Windows on 3 Sides with Great Natural Light & Gorgeous Views, Large Glass-Walled Conference Room, 3 Private Offices & Kitchen – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

Space Size Space Use Build-Out Available
1st Fl-Ste 110 1,650 SF Office Full Build-Out Now
1st Fl-Ste 112 150 SF Office Full Build-Out Now
2nd Fl-Ste 210 4,282 SF Office/Medical Full Build-Out Now
3rd Fl-Ste 314 4,137 SF Office Full Build-Out Now

1st Fl-Ste 110

Size
1,650 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 112

Size
150 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

2nd Fl-Ste 210

Size
4,282 SF
Space Use
Office/Medical
Build-Out
Full Build-Out
Available
Now

3rd Fl-Ste 314

Size
4,137 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Fl-Ste 110

Size 1,650 SF
Space Use Office
Build-Out Full Build-Out
Available Now

– Updated Professional & Medical Suites & Individual Offices Available – Suite 110 - Is a First Floor Office Suite With Reception Area, Seven Offices, Kitchenette, Washer / Dryer Hookups & Wood Laminate Flooring Throughout – Ample Free Parking & Reserved Covered Parking Available

1st Fl-Ste 112

Size 150 SF
Space Use Office
Build-Out Full Build-Out
Available Now

– Updated Professional & Medical Suites & Individual Offices Available – Suite 112 - Available as Individual Offices or Treatment Rooms with Shared Waiting Area with Kitchenette & Lounge Area – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

2nd Fl-Ste 210

Size 4,282 SF
Space Use Office/Medical
Build-Out Full Build-Out
Available Now

– Only $12.00 NNN for up to 2 Years for New Leases on Suites 210 & 314! – Updated Professional & Medical Suites & Individual Offices Available – Suite 210 - Turnkey Medical Office Suite with Spacious Reception Waiting Area, Exam Rooms with Sinks, Offices & Nurse Stations – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

3rd Fl-Ste 314

Size 4,137 SF
Space Use Office
Build-Out Full Build-Out
Available Now

– Only $12.00 NNN for up to 2 Years for New Leases on Suites 210 & 314! – Updated Professional & Medical Suites & Individual Offices Available – Suite 314 - Large, Mostly Open Office Suite with Large Windows on 3 Sides with Great Natural Light & Gorgeous Views, Large Glass-Walled Conference Room, 3 Private Offices & Kitchen – Ample Free Parking & Reserved Covered Parking Available, 24/7 Building Key Card Access & Security Patrol

Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
1463323-07-003
Land Assessment
$944,296 CAD
Improvements Assessment
$1,348,512 CAD
Total Assessment
$2,292,808 CAD
  • Listing ID: 28155621

  • Date on Market: 2023-04-06

  • Last Updated:

  • Address: 2995 Baseline Rd, Boulder, CO 80303

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