518 17Th StDenver, CO 80202

Property Details for 518 17Th St

Year built

1954

Construction

CONCRETE

Property size (Sq ft)

13,686 SF

Zone code

CBD

Property type

Individual retail properties

APN

02346-11-021-000

APU

234611021000

Description

This exceptional 24-story Denver office building, totaling 274,598 square feet, presents a unique investment opportunity. Built in 1954 and extensively renovated in 2019, the property boasts a prestigious address at 518 17th Street, Denver, CO 80202, within Denver County. The building features multiple tenancies, with a significant amount of vacant space totaling 251,529 square feet, readily available for lease. Spaces range from a minimum of 800 square feet to a maximum contiguous space of 100,000 square feet, catering to a variety of business needs. The building is classified as both retail and office space, and includes a fitness center as an added amenity. Modern conveniences include elevators. This prime location offers unparalleled access to Denver's vibrant business district. The property's substantial size and flexible space options make it ideal for large corporations or a collection of smaller businesses seeking a prestigious address in the heart of Denver. The building's recent renovation ensures modern infrastructure and appealing aesthetics. This is a rare opportunity to secure a significant footprint in a highly sought-after Denver location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,806,790

  6.5%

  $4,437,036

  7%

  $4,120,105

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,056,320

  Geo Method

  $2,849,458

• Alternative Use

  Use

  Valuation

  Residential

  $3,742,806

  Hospitality

  $3,428,390

  Educational

  $2,852,380

  Medical

  $2,950,478

  Retail

  $4,437,036

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7448

Longitude

-104.99

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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