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

Property subtype

Other 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%

  $1,519,801

  6.5%

  $1,402,893

  7%

  $1,302,686

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,670,322

  Geo Method

  $525,546

• Alternative Use

  Use

  Valuation

  Residential

  $1,739,587

  Hospitality

  $1,593,452

  Educational

  $1,325,734

  Medical

  $1,371,328

  Retail

  $2,062,253

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

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