This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well below the $376,661 Fair Market Value (priced at market). Featuring rare C-2 Commercial Zoning and high-traffic visibility on Boulder Highway, this Fair Condition Rating asset requires significant renovation, offering a blank canvas for value-add strategies. The 2,009 sqft layout supports a versatile live/work configuration, making it a strategic acquisition for Buy-and-Hold Investors or Business Owners seeking to capitalize on high-exposure commercial real estate.
Property is extensive renovation needed.
Built in 1980 (46 years old) with no mention of recent renovations. The listing explicitly states the property is in need of updates, repairs, and restoration, categorizing it as a value-add rehab opportunity rather than a move-in ready home.
The property features rare C-2 commercial zoning, providing versatile opportunities for business owners, professional offices, or a unique live/work setup.
Situated on the highly traveled Boulder Highway with over 30,000 cars passing daily, the property offers exceptional exposure and signage potential for commercial ventures.
With over 2,000 square feet of space and no HOA fees, this property serves as an ideal canvas for investors to renovate and capitalize on its dual-purpose utility.
The residence requires significant updates and repairs, indicating that a buyer will need to budget for substantial immediate capital improvements.
While beneficial for business, the location on a major thoroughfare results in constant traffic noise, which may limit its appeal for strictly residential use.
Unlock the potential of this unique opportunity on highly traveled Boulder Highway! This 3-bedroom, 2-bath property offers over 2,000 square feet of living space and is currently used as a residence while also benefiting from commercial (C-2) zoning, creating exceptional opportunities for business owners as the main street sees over 30,000 cars a day. The home is in need of updates and repairs, making it an ideal value-add opportunity to renovate, restore, or repurpose. With excellent visibility, convenient access to major roads, shopping, dining, and public transportation, the possibilities are endless. Whether you're looking for your next investment, a live/work setup, or a property with future commercial potential, this is one you won't want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,009 | - |
| Lot Size | 4,792 | - |
| Price | $380.0K | $474.8K |
| Price per sq ft | $189 | $257 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 526 |
Jul 23, 2026
$380,000
Initial Listing