1550 17Th StDenver, CO 80202

Property Details for 1550 17Th St

Year built

2000

Construction

WOOD

Lot size

0.57 AC

Property size (Sq ft)

145,415 SF

Zone code

D-LD

Property type

Office properties

Property subtype

Office buildings

APN

02331-11-024-000

APU

233111024000

Description

This exceptional retail opportunity is located in the Millennium Financial Center, a Class A office building in Denver's vibrant downtown core. The property offers two contiguous ground floor spaces, totaling 8,405 square feet, ideal for a variety of retail uses. Suite 120-130, a fully equipped 8,405 square foot space, is particularly well-suited for a restaurant, offering a turnkey solution for immediate occupancy. Alternatively, Suite 110 can be combined with Suite 120 to create a larger, more expansive retail space. The minimum divisible space is 2,626 square feet, providing flexibility for businesses of varying sizes. The entire Millennium Financial Center encompasses 133,500 square feet and was constructed in 2000. This prime location in Denver County, at 1550 17th Street, zip code 80202, offers unparalleled visibility and accessibility, placing your business in the heart of Denver's bustling activity. The property's Class A designation reflects its high-quality construction and modern amenities. This is a rare chance to secure a prominent retail presence in one of Denver's most sought-after locations.

• CAP approach

  CAP return

  Valuation

  6%

  $34,743,248

  6.5%

  $32,070,692

  7%

  $29,779,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,184,216

  Geo Method

  $12,014,187

• Alternative Use

  Use

  Valuation

  Residential

  $39,767,660

  Hospitality

  $36,426,960

  Educational

  $30,306,804

  Medical

  $31,349,102

  Retail

  $47,143,916

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7517

Longitude

-104.999

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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