1800 Colorado Blvd - Storefront Retail/Office FOR SALE


Idaho Springs, CO 80452
$3,900,000 USD
715-512-0265
1800 Colorado Blvd, Idaho Springs, CO for Sale
$3,900,000 USD
Storefront Retail/Office - FOR SALE
1/31
null | Request Cap Rate

1800 Colorado Blvd
Idaho Springs, CO 80452


HIGHLIGHTS

  • Commercial Building Built in 2003, Residential Built in 2023
  • Mixed-Use Property: 9 Retail Spaces and 10 Residential Units
  • Prime Location: Just 1 Block From Miner Street, Benefiting From High Foot Traffic

OVERVIEW

Hoff & Leigh is pleased to present The Gold Rush Center for sale, a premier income-generating mixed-use property in the heart of Idaho Springs. Ideally located just one block from the bustling Miner Street, a year-round tourist destination, this high-demand commercial and residential asset offers an exceptional opportunity for investors. This two-story property features nine office/retail units catering to a variety of businesses and ten residential condo units providing steady rental income. With Idaho Springs’ increasing popularity as a tourism and recreation hub, the property benefits from consistent foot traffic, strong tenant demand, and long-term value appreciation. Given the lack of affordable housing options, the residential units offer a steady and consistent income. The Gold Rush Center currently generates a Net Operating Income (NOI) of $260,121.54, with a Proforma NOI of $287,157.54. This translates to a current capitalization rate (Cap Rate) of 6.42%, with a Proforma Cap Rate of 7.09%, presenting a compelling value add opportunity. Contact Hoff & Leigh today for more details on this exceptional investment opportunity!

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$377 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gold Rush Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

-

APN/PARCEL ID

1835-363-21-201

ASK ABOUT THIS PROPERTY

Brandon LangiewiczHoff & Leigh, Inc.More Info
715-512-0265

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Brandon LangiewiczHoff & Leigh, Inc.More Info
715-512-0265

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.