308 E Simpson St - Office/Residential FOR SALE


Lafayette, CO 80026
$1,300,000 USD
408-427-4757
308 E Simpson St, Lafayette, CO for Sale
$1,300,000 USD
Office/Residential - FOR SALE
1/12
null | Request Cap Rate

308 E Simpson St
Lafayette, CO 80026


OVERVIEW

Welcome to 308 E Simpson St — a well-maintained, character-rich office property located in the heart of Lafayette’s desirable East Simpson neighborhood. This offering includes two professional office buildings on one parcel, with a rare opportunity for an owner-user to occupy the one available suite (Suite 101 – 971 SF) while collecting income from established tenants in the remaining spaces. The front building features classic architectural charm with warm wood trim, a professional lobby, shared restrooms, and a kitchenette/break area for tenants. The rear building—currently leased as office space—includes a private kitchen, restroom, and flexible layout with potential for residential use (buyer to verify). On-site parking is available behind the main building, and there's ample street parking throughout the surrounding neighborhood. Both buildings have secure, coded entries. Owner-User Opportunity + Seller Financing Available Building Size: 4,326 sf Sales Price: $1,300,000 Lease Rate (Suite 101 - 971 rsf): $2,000/mo (Gross) Key Highlights: Suite 101 (971 SF) available for owner occupancy - remainder of the property is fully-leased Income-producing property with established tenants - inquire for rent roll Seller financing available – inquire for terms Two buildings on one lot with separate secure entrances Flexible rear building with residential potential (verify with City) Common lobby, restrooms, and break area in front building On-site and abundant street parking Prime location steps from restaurants, breweries, coffee shops, and local events The tenant mix includes professionals in the healing arts, legal services, and other personal services, with leases currently at or near market gross rental rates. Whether you're looking to invest in one of Lafayette’s most active commercial corridors or establish your own footprint with additional rental income, this property offers the perfect blend of character, cash flow, and community connection.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$301 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

B-1, Lafayette

APN/PARCEL ID

1575022-19-002

ASK ABOUT THIS PROPERTY

Rachel AustefjordSummit Commercial BrokersMore Info
408-427-4757

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Rachel AustefjordSummit Commercial BrokersMore Info
408-427-4757

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