2520 BroadwayBoulder, CO 80304

For Sale
$4,960,000

Prime Boulder location, redevelopment opportunity. High rental potential.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 31,848 square foot mixed-use development site, located at 2520 Broadway in Boulder, Colorado, presents a compelling redevelopment opportunity. Zoned BC-2, this key corner lot offers significant potential for a variety of uses. The asking price is $4,960,000, translating to $155.74 per square foot. The property includes 21 parking spaces. A current lease is in place, structured as a NNN lease, commencing May 1, 2024, and expiring April 30, 2027, providing immediate rental income while redevelopment plans are pursued. Annual rent bumps are included in the lease agreement. Detailed surveys and area overlay plans are available upon request. This property is situated in a dynamic area of Boulder where higher density projects are currently being explored, making it an ideal investment for those seeking a high-return, mixed-use development project in a thriving Colorado city. The property's location at the intersection of Broadway and North St. offers excellent visibility and accessibility.

Highlights

  • $4,960,000 asking price for 31,848 sq ft mixed-use land in Boulder, CO.
  • BC-2 zoning permits redevelopment.
  • $155.74/sq ft land value.
  • 21 parking spaces.
  • NNN lease commencing 05/01/2024, expiring 04/30/2027, with annual rent bumps.
  • Broker co-op available.

Location Insight

City
Boulder
County
Boulder
State
Colorado
Latitude
40.024233922451
Longitude
-105.28195345379
2520 Broadway, Boulder, Colorado

FAQs

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2520 Broadway
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