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10 Boulder Crescent 22,777 SF 100% Leased Office Building Colorado Springs, CO 80903 $2,650,000 ($116.35/SF) 7.36% Cap Rate

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EXECUTIVE SUMMARY

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.
-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

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
22,777 SF
Building Class
B
Year Built
1909
Price
$2,650,000
Price Per SF
$116.35
Cap Rate
7.36%
NOI
$195,040
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,592 SF
Slab To Slab
10’
Building FAR
1.24
Lot Size
0.42 AC
Zoning
OR, Colorado Springs
Parking
25 Spaces (1.1 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
Walk Score®
Very Walkable (85)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
64182-03-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$912,140
  • Listing ID: 36684626

  • Date on Market: 7/10/2025

  • Last Updated:

  • Address: 10 Boulder Crescent, Colorado Springs, CO 80903

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