Multi-Tenant Brick Office
1700 E 17th Ave Denver, CO 80218
1700 E 17th Ave, Denver, CO, 80218
$2,195,000
For Sale
$2,195,000
All-brick Class B office building built in 1981 with multiple tenants in place for immediate occupancy.
Property Size6,104 SF
Price / SF$359.60
Days on Market110
Property Features for 1700 E 17th Ave
General Information
- Standard status
- Active
- Size
- 6,104 SF
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agency
Denver Office
(303) 328-2056
Listed by
Chadd Nelson · License #CO: FA.100073491
(303) 328-2056
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 21 at 12:30AM Checked: Jul 21 at 3:03AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Denver Office
Investment Insights
Based on property information with market context.
This all-brick Class B multi-tenant office building was built in 1981 and totals 6,292 gross square feet. The property offers 6,104 rentable square feet and features two tenants currently in place, creating a stable setup for an owner-user seeking immediate occupancy.
The building is positioned for strong visibility along 17th Street and is located near medical facilities and restaurants, with Denver parks also nearby and downtown minutes away.
For buyers evaluating an owner-occupied or partially owner-occupied office scenario, the current two-tenant configuration supports an immediate move-in plan while retaining income from existing occupancy.
The building is positioned for strong visibility along 17th Street and is located near medical facilities and restaurants, with Denver parks also nearby and downtown minutes away.
For buyers evaluating an owner-occupied or partially owner-occupied office scenario, the current two-tenant configuration supports an immediate move-in plan while retaining income from existing occupancy.
Key Highlights
- All‑brick Class B multi‑tenant office building built in 1981
- 6,292 gross SF with 6,104 rentable SF
- High visibility on 17th Street
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $161.1k | $26.40 |
| − Vacancy | −$41.9k | −$6.86 |
| EGI | $119.2k | $19.54 |
| − OpEx | −$29.8k | −$4.88 |
| NOI | $89.4k | $14.65 |
6,104 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.28M
$1.12M – $1.49M
NOI $89,436 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.94M
$1.70M – $2.27M
NOI $136,019 @ 7.0% cap · market cap 6.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Darec Brooks - State ...
Insurance Agency
BrandVO2
Advertising Agency
Haley Cozad
Physician
Veriheal
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - All-brick Class B office building built in 1981 with multiple tenants in place for immediate occupancy.
Where is this office building located?
The property is located at 1700 E 17th Ave Denver, CO.
What is the asking price?
The asking price for this property is $2,195,000.
What are key features of this property?
This property features: All‑brick Class B multi‑tenant office building built in 1981; 6,292 gross SF with 6,104 rentable SF; High visibility on 17th Street
