On the Market: 5 Interesting Listings for March

This month’s listings include a boutique hotel in Boulder, Colo.; a former bank covered by vegetation in Santa Ana, Calif.; and an upscale office building located on Embassy Row in Washington, D.C.

On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Roxana Baiceanu.

2232 Massachusetts Ave., Washington, D.C.,
2232 Massachusetts Ave., Washington, D.C.,

2232 Massachusetts Ave. N.W.

Location: Washington, D.C.

Price: $4.3 million

Building Size: 6,500 square feet

Year built: 1900

Property type: commercial/office

Highlights: a four-level townhome within Embassy Row; provides 11 large offices or meeting rooms, a private backyard and an off-street driveway; designers preserved the original doors and moldings of the former vintage construction.

Contact: Andre Perez, District Partners, 202-798-3600


502 S. Oakland Ave.

Location: South Bend, Ind.

Price: $3.3 million

Building Size: 164,405 square feet

Year Built: 1983

Property type: industrial with an office component

Highlights: the property encompasses four buildings on approximated 19 acres of land with more space for future expansion; the office component spans 9,455 square feet; amenities include 14 overhead doors, 27-foot maximum ceiling height, flexible floor plan, metal halide lighting and several cranes.

Contact: Ryan Gableman, Cressy and Everett, 574-485-1502


2040 16th St., Boulder, Co.
2040 16th St., Boulder, Co.

The Bradley Boulder Inn

Location: 2040 16th St., Boulder, Colo.

Price: $7.5 million

Building Size: 13,045 square feet

Year built: 1994

Property type: hotel

Highlights: downtown location, within walking distance from Pearl Street shops and restaurant venues; encompasses 12 units, a conference center and a large parking lot; units include fireplaces, spa tubs and balconies; operated by the same owner for the past 17 years.

Contact: RE/MAX Commercial


3706 Ruffin Road

Location: San Diego, Calif.

Price: $4 million

Building Size: 8,345 square feet

Year built: 2007

Property type: office/healthcare

Highlights: the building was last upgraded in 2014 and is leased to Osteopathic Medical center (an NNN triple lease); the average CAP Rate is 5 percent.

Contact: Strom Commercial, 619-243-1244


1502 N. Broadway, Santa Ana, Calif.
1502 N. Broadway, Santa Ana, Calif.

1502 N. Broadway

Location: Santa Ana, Calif.

Price: $2.5 million

Building Size: 6,788 square feet

Year built: 1970

Property type: office

Highlights: the property is a former bank building located at a signalized corner, close to downtown Santa Ana and Main Place Mall, The Orange County Courts, the Floral Park, Bowers Museum and other attractions; provides gated parking and an additional 12 public street parking spaces; it currently accommodates a law office; outside walls are covered by vegetation.

Contact: Fernando Crisantos, SVN, 714-604-5175

Images via Google Street View