Three-Unit Commercial Investment in Boulder’s Desirable East End

Offered at $985,000

Position your investment in one of Boulder’s most desirable commercial districts. Located within the prestigious mixed-use 1634 Walnut Street building, this commercial condominium offers three street-level commercial suites in the heart of Downtown Boulder’s highly sought-after East End. Surrounded by boutique retailers, award-winning restaurants, professional offices, and luxury residential condominiums, this property combines stable income with future upside in one of Colorado’s strongest commercial real estate markets.

The commercial portion of the building consists of three distinct suites, creating an attractive blend of established tenancy, boutique service retail, and leasing potential. Two suites are occupied by long-standing businesses with strong neighborhood reputations, while the third suite is currently available for lease, allowing a new owner the opportunity to increase income through lease-up or occupy the space for their own business.

Investment Highlights

• Offered at: $985,000
• Three commercial condominium units totalling 1804 square feet
• Prime East End Boulder location
• Mixed-use building with luxury residential condominiums above
• Two established tenants
• One vacant suite providing immediate leasing or owner-user opportunity
• Walkable to Pearl Street, Downtown Boulder, Boulder Creek, and Civic Area
• Excellent pedestrian, bicycle, and vehicle accessibility
• Strong long-term investment in one of Colorado’s highest-demand commercial markets

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Tenant One – Arabesque Café

A cornerstone of the East End business community, Arabesque Café has successfully operated from this location for nearly 20 years, building a loyal customer base and becoming a neighborhood favorite for authentic Middle Eastern cuisine.

Its longevity demonstrates the strength of both the location and the surrounding customer demographics. The restaurant benefits from consistent foot traffic generated by nearby offices, downtown visitors, residents, and the thriving East End business district.

Current Lease Terms

• Suite Size: 1034 Square Feet
• Base Rent: $1,835.00 per month
• NNN Expenses: $1,742.15 per month

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Tenant Two – Sage Salon

Sage Salon is a quiet, boutique one-chair salon providing personalized service by appointment only. Unlike traditional salons with multiple stylists and high customer turnover, Sage Salon offers an intimate setting focused on serving one client at a time.

This low-impact business complements neighboring tenants while contributing to the welcoming atmosphere of the building.

Current Lease Terms

• Suite Size: 255 Square Feet
• Base Rent: $637.50 per month
• NNN Expenses: $640.52 per month

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Suite Three – Available for Lease

The third commercial suite presents immediate upside for investors through lease-up or provides an exceptional opportunity for an owner-user seeking a prestigious Boulder business address.

Peaceful, Light-Filled Office Suite

Beautifully maintained and thoughtfully designed, this approximately 515-square-foot first-floor office suite features:

• Two private offices
• Welcoming reception area
• Kitchenette
• Shared restroom (shared only with Sage Salon)
• Large windows providing abundant natural light
• Hard-surface flooring throughout with carpet in one office
• Private exterior entrance to one office
• Excellent visibility and convenient access

The suite enjoys a rare balance of tranquility and activity. Situated between the popular Arabesque Café and Sage Salon, the office provides a professional atmosphere while benefiting from the energy of one of Boulder’s most vibrant neighborhoods.

Just outside, tenants enjoy access to a beautifully maintained shared courtyard cared for by both residents and business owners, creating an inviting outdoor space for employees and clients alike.

Current Lease Offering

• Suite Size: 515 Square Feet
• Base Rent: $1,287.50 per month
• NNN Expenses: $1,082.25 per month

The flexible layout makes the space ideal for:

• Attorneys
• Financial professionals
• Therapists
• Wellness practitioners
• Architects
• Consultants
• Designers
• Technology professionals
• Boutique creative firms

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Exceptional East End Boulder Location

Few commercial locations in Boulder offer the character, convenience, and long-term desirability of the East End.

1634 Walnut Street sits just blocks from Pearl Street while enjoying a quieter professional atmosphere that appeals to both businesses and their clients. The surrounding neighborhood features an eclectic mix of independent retailers, renowned restaurants, galleries, professional offices, and upscale residential properties.

Employees and customers benefit from:

• Walking distance to Pearl Street Mall
• Easy access to Downtown Boulder amenities
• Nearby public parking
• Excellent public transit connections
• Extensive bicycle infrastructure
• Immediate access to Boulder Creek Path
• Convenient access from Walnut Street and surrounding downtown corridors

The East End continues to be one of Boulder’s most sought-after locations for businesses seeking visibility, accessibility, and the unique character that defines downtown Boulder.

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Investment Opportunity

Whether you’re seeking a stable income-producing commercial asset or a property with leasing upside, 1634 Walnut Street presents a rare opportunity to own commercial real estate in one of the most supply-constrained markets in Colorado.

With two established tenants, immediate lease-up potential, and an irreplaceable downtown Boulder location, this three-unit commercial condominium offers investors the opportunity to benefit from both current cash flow and long-term appreciation in one of the state’s premier commercial districts.

IRES COM #1064242