444 17Th StDenver, CO 80202

Property Details for 444 17Th St

Year built

1975

Construction

CONCRETE

Lot size

0.04 AC

Property size (Sq ft)

6,361 SF

Zone code

D-C

Property type

Office properties

APN

02346-10-043-043

APU

234610043043

Description

This exceptional 6,361 square foot executive office condo, located at 444 17th Street in Denver, Colorado, presents a unique investment opportunity. Situated in the heart of the Central Business District, this property boasts a highly desirable corner location at the intersection of 17th and Glenarm Place, ensuring high visibility and accessibility. The building, constructed in 1925 and extensively renovated in 2019, is a single-story structure within a ten-story building, offering a blend of modern amenities and historic charm. The unit features a mix of private offices, open workspaces, and dedicated conference rooms, providing flexibility for various business needs. High ceilings and abundant natural light create a bright and inviting atmosphere. Two dedicated parking spaces are included, a significant advantage in a bustling urban environment. The property sits on a 0.39-acre lot and is zoned B-5, allowing for a range of commercial uses. Its central location provides easy access to multiple public transportation options and a wealth of retail amenities, making it an ideal location for businesses seeking a vibrant and convenient setting. The asking price for this remarkable property is $1,500,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,722,440

  6.5%

  $1,589,950

  7%

  $1,476,380

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,670,320

  Geo Method

  $525,546

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,081,750

  Retail / Commercial

  $1,589,800

  Mixed-Use / Specialty

  $1,591,610

  Hospitality / Lodging

  $1,177,450

  Institutional / Educational

  $1,657,310

  Residential Income

  $1,939,050

  Multifamily

  $2,284,120

  Automotive / Energy

  $1,420,550

  Parking / Income-Based Land

  $482,824

  Restaurant / Food Service

  $843,772

  Healthcare / Senior Housing

  $1,624,500

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7444

Longitude

-104.989

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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