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Boykin Building 350 W Kiowa Ave 3,808 SF 100% Leased Office Building Elizabeth, CO 80107 $1,777,022 CAD ($466.65 CAD/SF)
Investment Highlights
- Great opportunity for owner-user or investor
- Ample surface parking (rare in Elizabeth)
- Value-add opportunity through longer-term leases and increased rents
- Large, 1-acre lot
- Strong visibility from Kiowa Ave (Highway 86)
Executive Summary
Marketing description
This 3,808-square-foot multi-tenant commercial property offers a compelling opportunity for an owner-user or investor. The two-story building is fully occupied by four tenants. The first floor features a well-established chiropractic office (also the building owner) with multiple treatment rooms and welcoming reception area. The second floor features three additional office tenants with separate access and a shared break room. Short-term leases open the door for an owner-user to take over, or an investor to increase rents. The building is positioned on a large one-acre lot and stands out in the area for its abundant on-site parking—a rare and highly desirable feature that enhances convenience for both tenants and visitors. Inquire with broker for more details.
Investment highlights
Price: $1,300,000
Building Size: 3,808 SF
Year Built: 1986
Total Floors: 2
Construction Type: Masonry
Lot Size: 1 Acre
# Tenants: 4 - Chiro. on 1st floor; 3 office tenants above
Parking: Approx. 20 surface spaces
Zoning: RC
2025 Rental Income: $76,950
2025 Taxes: $12,950
Rent Roll: Available upon request
This 3,808-square-foot multi-tenant commercial property offers a compelling opportunity for an owner-user or investor. The two-story building is fully occupied by four tenants. The first floor features a well-established chiropractic office (also the building owner) with multiple treatment rooms and welcoming reception area. The second floor features three additional office tenants with separate access and a shared break room. Short-term leases open the door for an owner-user to take over, or an investor to increase rents. The building is positioned on a large one-acre lot and stands out in the area for its abundant on-site parking—a rare and highly desirable feature that enhances convenience for both tenants and visitors. Inquire with broker for more details.
Investment highlights
Price: $1,300,000
Building Size: 3,808 SF
Year Built: 1986
Total Floors: 2
Construction Type: Masonry
Lot Size: 1 Acre
# Tenants: 4 - Chiro. on 1st floor; 3 office tenants above
Parking: Approx. 20 surface spaces
Zoning: RC
2025 Rental Income: $76,950
2025 Taxes: $12,950
Rent Roll: Available upon request
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$105,186
|
$52.15
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$105,186
|
$52.15
|
| Taxes |
$17,702
|
$8.78
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,702
|
$8.78
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $105,186 |
| Annual Per SF | $52.15 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $105,186 |
| Annual Per SF | $52.15 |
| Taxes (CAD) | |
|---|---|
| Annual | $17,702 |
| Annual Per SF | $8.78 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,702 |
| Annual Per SF | $8.78 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
3,808 SF
Building Class
C
Year Built/Renovated
1986/2025
Price
$1,777,022 CAD
Price Per SF
$466.65 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,904 SF
Building FAR
0.09
Lot Size
1.00 AC
Zoning
RC
Parking
22 Spaces (5.78 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Monument Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Body in Balance Massage
- Services
- 162 SF
- $50.66 CAD
- Full Service
- May 2026
- Boykin Chiropractic Care
- Health Care and Social Assistance
- -
- -
- -
- -
- Classic Heating
- Services
- 850 SF
- $25.10 CAD
- Full Service
- Apr 2026
Rock Canyon Roofing delivers expert residential and commercial roof repair and replacement you can trust. We specialize in insurance claim support to help you get every dollar approved. From hail restoration to full roof upgrades. Rock Canyon Roofing protects your property with proven Colorado craftsmanship.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Body in Balance Massage | Services | 162 SF | $50.66 CAD | Full Service | May 2026 | |
| Boykin Chiropractic Care | Health Care and Social Assistance | - | - | - | - | |
| Classic Heating | Services | 850 SF | $25.10 CAD | Full Service | Apr 2026 | |
| Rock Canyon Roofing | Construction | 500 SF | $29.55 CAD | Full Service | Apr 2026 |
1 1
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | R108885 | Total Assessment | $191,785 CAD |
| Land Assessment | $80,771 CAD | Annual Taxes | $17,702 CAD ($4.65 CAD/SF) |
| Improvements Assessment | $111,014 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
R108885
Land Assessment
$80,771 CAD
Improvements Assessment
$111,014 CAD
Total Assessment
$191,785 CAD
Annual Taxes
$17,702 CAD ($4.65 CAD/SF)
Tax Year
2025
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Boykin Building | 350 W Kiowa Ave
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