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24659442
24659441

10 Boulder Crescent St, Colorado Springs, CO 80903

RS
CO FA40033398
SOCO Commercial Real Estate, LLC
MC
CO CO EA 299621, CO EA299621
SOCO Commercial Real Estate
Listed by SOCO Commercial Real Estate, LLC, SOCO Commercial Real Estate
$2,650,000
329 days on market
Updated 16 days ago

10 Boulder Crescent St

Details
Property Type Office
Sub Type Traditional Office
Square Footage 22,777
Cap Rate 7.03%
NOI $186,295
Occupancy 100%
Tenancy Multi
Class A
Year Built 1909
Buildings 1
Stories 3
Acreage 0.458
Zoning OR
Investment Type Value Add

Prime Downtown Office Investment Opportunity for Sale

Investment highlights

10 Boulder Crescent Street is a 100% occupied, well-maintained, multi-tenant office building located in the heart of downtown Colorado Springs, offering a prime investment opportunity with strong occupancy and historical charm.

-Recent Capital Improvements: • Asphalt Overlay • New Windows • New Heating Unit 202B • New Carpet – Front Entry Steps

-Historic Appeal: Built in 1909 with original ornate woodwork

-Well-Maintained: Recent upgrades and ongoing care ensure excellent condition

-Off-Street Tenant Parking: Dedicated parking for tenants

-Flexible Suite Sizes: Wide variety of suite sizes to accommodate different tenant needs

-Value-Add Potential: Opportunity for future rent growth or repositioning

-Proximity to Amenities: Walking distance to hotels, restaurants, public transit, and major city attractions

-Strong Market Fundamentals: Located in a growing downtown corridor with high demand for office space

Listing Contacts

RS
CO FA40033398
SOCO Commercial Real Estate, LLC
MC
CO CO EA 299621, CO EA299621
SOCO Commercial Real Estate
Listed by SOCO Commercial Real Estate, LLC, SOCO Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$186,295.00
$15,524.58/mo

Valuation Metrics

0
DSCR
7.03%
Cap Rate
7.03%
ROI

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Additional Information

Name
Russell Stroud
License
FA40033398
Brokerage Phone
7198889901
Name
Mary Frances Cowan
License
CO EA 299621
Brokerage Address
17 South Wahsatch Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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