About 2995 Baseline Rd
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.
Features of 2995 Baseline Rd
| MLS® # | 984892 |
|---|---|
| Price | $9,900,000 |
| Bathrooms | 0.00 |
| Acres | 1.06 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Sale: Commercial/Industrial |
| Status | Active |
Community Information
| Address | 2995 Baseline Rd |
|---|---|
| Area | Boulder |
| Subdivision | Twiggs |
| City | Boulder |
| County | Boulder |
| State | CO |
| Zip Code | 80303 |
Amenities
| View | Foothills View |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Water |
|---|---|
| Cooling | Refrigeration/HVAC |
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Composition |
| Construction | Brick/Brick Veneer |
Additional Information
| Days on Market | 309 |
|---|---|
| Zoning | BT-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Michael-ryan Mccarty |
|---|---|
| Office | Gibbons-White, Inc. |
| Contact Info | 3034421040 |