2206 Pearl Street_Property for Sale
2206 Pearl Street_Property for Sale
2206 Pearl Street, Boulder, CO, 80302, US

2206 Pearl Street

Asset Description

Discover the exceptional development potential at 2206 Pearl Street, strategically positioned in the heart of Boulder’s coveted Pearl Street corridor. As one of Colorado’s most desirable and supply-constrained submarkets, this area is a prime destination for investors and developers. Surrounded by prominent tech and finance employers, and energized by a thriving startup ecosystem, 2206 Pearl Street is ideally situated to capitalize on Boulder’s dynamic economic landscape. The proximity to the University of Colorado at Boulder, with a vibrant community of over 37,000 students, further enhances the site’s appeal.


This approved development project features 45 for-rent micro-units, each averaging 300 square feet, perfectly designed to meet the growing demand for modern, efficient living spaces. Complementing the residential portion, the main floor presents 2,200 square feet of prime retail space, which can be divided into two units of approximately 1,100 square feet each. Flexibility in the existing structure allows for customization to suit tenant needs. Seize the opportunity to invest in this high-growth area, offering unparalleled access to Boulder’s rich blend of innovation, education, and lifestyle amenities.

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Investment Highlights

  • The development site is approved for the construction of 45 for-rent micro units, averaging 300 SF. In addition to the residential use, the main floor will offer 2,200 SF of retail, which can be split into two separate retail units.
  • Affordable Potential: The site is located within a Qualified Census Tract (“QCT”). The QCT designation allows for additional financial incentives for affordable development. The city of Boulder, CO has a average household income of $141k+
  • Proximity to Economic Hubs: The development site is located within close proximity to CU Boulder, Pearl Street and 28th Street.
  • Tourist Hub: In 2023, Boulder, Colorado received over 7,800,000 visitors.
  • CU Boulder’s new-student enrollment has steadily grown by ~3.4% over the last year, with over 90% student retention rate.

Attributes

Land area gross
0.2 ha

Contact brokers

2206 Pearl Street (0 Properties)

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Last updated
24 Oct 2024