1110 13th street boulder , colorado 80302...name a few. chautauqua park and the flatirons are...

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1110 13th Street Boulder , Colorado 80302

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Page 1: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th Street Boulder , Colorado 80302

Page 2: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

Price Cap Rate Occupancy Building Size Site Size

$3,250,000.00 3.85% 100% 9,789 sqft 5,165 sqft

1110 13th

Street

Offering Memorandum Commercial / Multi Tenant Residential

1110 13th Street, Boulder, Colorado 80302

WK Real Estate | 303.541.1908 | wkre.com

Page 3: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

Exclusively offered for sale by WK Real Estate, 1110 13th Street is beautiful brick building located in the heart of “The Hill” in Boulder, Colorado. This property is located in the historic business district. The attention to detail and craftsmanship can be seen in the tin ceilings tiles, tin crown moldings and hardwood floors. Architectural elements create the back-drop for this rare find. This prime location is walking distance to CU. Your neighbors include the Fox Theatre, Illegal Pete’s and Starbucks just to name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path, are at your fingertips. This is an unbeatable location . The property is 100% occupied. This rare gem has two commercial spaces on the ground level , occupied by two thriv-ing and well established restaurants and four rental units on the second story. WK Real Estate | 303.541.1908 | wkre.com

1110 13th

Street

Offering Summary

Page 4: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

The Fat Shack® was created in February of 2010 by Tom Armenti.

After graduating with a degree in Marketing from The College of New

Jersey, Tom set out to bring a desperately needed solution to their lack

of late-night food options. In February of 2015, Fat Shack celebrated the

grand opening of its first franchise in Denver at DU. Fat Shack now has 14

locations throughout the United States.

WK Real Estate | 303.541.1908 | wkre.com

The Gaia Masala Burger is a family run restaurant located in the Heart

of the Hill, in Boulder, Colorado. With a chic vibe and wonderful chef, this is a popular lunch spot. Here are some reviews: “Wow !!!!! This place is cool! The food is amazing. The chai is nice and not overly sweet. I ordered the samosas ( everyone needs to try ) the dough is nice and flaky the filling

is favor packed with wonderful spices and the little bits of coriander and fresh peas. I will be coming back here weekly for sure !!!! “

an immediate hit!

1110 13th

Street

The Tenants

Page 5: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th

Street

Address: 1110 13th Street, Boulder, Colorado 80302 County: Boulder Building Size: 9,789 sq/ft Site Size: 5,165 sq/ft Parcel #: 146331245007

Building Type: Commercial/ Multi Residential Zoning: Mixed Use Service Providers: Electric: Xcel Energy Gas : Xcel Energy Water & Sewer : City of Boulder WK Real Estate | 303.541.1908 | wkre.com

Property Description

Page 6: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th

Street

Fat Shack Major renovation with $500,000 in improvements in 2011. Significant HVAC expenditures including new HVAC system installed in 2017. Aggressive roof upkeep, new roof replaced. New grease trap in the kitchen. New tile floors over the hardwood floors. New exhaust sys- tem installed in 2011. Fully sprinklered. Full fire suppression system over cooktops. Gaia Burger Brand new tile in the kitchen. Hardwood floors re-finished in 2018. Kitchen renovation in 2011. Full fire suppression system over cooktops. New doors, toilets, sinks, outlets paint, walk –in cooler, and replacement of exhaust motor, new swamp cooler, new counters, plumbing and electrical. Over $57,000.00 in renovations. Apt 1 Significant upgrades of $30,000. This 2 bedroom/2 bath has a brand new bathroom, includ-

ing toilet, vanity , shower, cabinets and a new ceiling,. New west facing windows. The entire unit has a fresh coat of paint. There is a new sink in the kitchen.

Apt 2 Appreciable $10,000 upgrades in this 2bed/ 2 bath unit. New windows, new paint, new kitchen cabinets and fixtures. In 2014 and a new bathroom including toilet, vanity, shower in 2017. New ceiling. Apt 3 High quality upgrades in this 1 bed/1bath unit. $10,000 improvements include new windows, new kitchen cabinets . In 2016 a bathroom renovation including new toilet, vanity, shower. Apt 4 $8,000.00 in upgrades in this 1 bed/ 1bath include new windows, new electric receptacles,

light fixtures, new sink, toilet, vanity, refinished bath floor. New paint throughout.

WK Real Estate | 303.541.1908 | wkre.com

Recent Capital Expenditures and Tenant Improvements

Page 7: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th

Street

WK Real Estate | 303.541.1908 |

Floor Plans

Page 8: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th

Street

Floor Plans

Page 9: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

1110 13th

Street

Floor Plans

Page 10: 1110 13th Street Boulder , Colorado 80302...name a few. Chautauqua Park and the Flatirons are moments away. Hiking trails, running trails, cycling trails, the Boul-der Creek Path,

Thomas J. Hill 720.564.6011 [email protected] [email protected]

Eric R. Rutherford 303.541.1908 [email protected] EricRutherford.com

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Dan Tremblay 720.564.6067 [email protected] DanTremblay.wkre.com

For more information on this property or to

schedule a private tour please call us today!