5717 Arapahoe Avenue, Boulder
MLS® # 1007598
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, CommonArea & Suite Improvements & More.
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Listing information last updated on April 27th, 2024 at 10:04pm MDT.