821 17Th StDenver, CO 80202

Property Details for 821 17Th St

Year built

1965

Construction

CONCRETE

Lot size

0.36 AC

Property size (Sq ft)

116,665 SF

Zone code

D-C

Property type

Office buildings

APN

02345-17-029-000

APU

234517029000

Description

This exceptional 2,000 square foot retail space, located at 821 17th Street in Denver, Colorado's vibrant central business district, presents a unique investment opportunity. Situated within a larger 18,000 square foot building, this single-tenant space is perfectly suited for a café or similar establishment. Its prime location in Denver County, zip code 80202, offers unparalleled access to a high volume of foot traffic and is surrounded by several nationally recognized hotels, ensuring a steady stream of potential customers. The space is currently vacant and ready for immediate occupancy. The address, 821 17th Street, places the property in the heart of downtown Denver's bustling commercial core. This presents a significant advantage for businesses seeking high visibility and convenient access for customers. The flexible layout of the 2,000 square feet allows for creative design and efficient use of space, making it ideal for a concept that could transition from morning coffee service to an evening wine bar or cocktail lounge. This property offers a rare chance to establish a thriving business in one of Denver's most desirable locations. The building itself totals 18,000 square feet, providing ample space and potential for future expansion or synergy with other tenants. This is a truly remarkable opportunity to secure a foothold in the heart of Denver's dynamic commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $27,874,162

  6.5%

  $25,729,996

  7%

  $23,892,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $30,634,814

  Geo Method

  $9,638,862

• Alternative Use

  Use

  Valuation

  Residential Income

  $31,905,194

  Hospitality / Lodging

  $29,224,986

  Institutional / Educational

  $24,314,846

  Healthcare / Senior Housing

  $25,151,070

  Retail / Commercial

  $37,823,092

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7475

Longitude

-104.992

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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