2850 Iris Ave
Boulder, CO 80301
High Exposure Owner/User or Redevelopment Opp · Retail Property For Sale

Iris Avenue Retail (The Property) is a 27,450 SF building located at 2850 Iris Ave. in Boulder, CO. This Property offers investors an opportunity to purchase a high exposure owner/user or redevelopment building at a significant discount with a huge value add opportunity within an IRS Qualified Opportunity Zone. The Property is situated on a 1.15 AC parcel and contains a 27,450 SF single story building that was built in 1983. The Property presents a huge value-add through lease-up or development ideal for child care facility, public or charter school, administrative offices, retail or medical facility (Zoning and any variances must be verified with the City). This opportunity gives potential investors the ability to acquire a 27,450 SF building at a significant discount with huge value-add potential. Existing tenants are either on month-to-month leases or have a landlord right to terminate with 6-months’ notice.