Historic Retail/Office Condominium
730 17th Street Unit 4A-4B, Denver, CO 80202
For Sale
$433,770
Ground-floor retail/office unit with mezzanine offices and two vaults, including a circular walk-in vault.
Property Size2,163 SF
Price / SF$200.54
Days on Market904
Property Features for 730 17th Street Unit 4A-4B
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Listed By:
Stephanie Johnston · License CO #100088041
(720) 600-1638
Source:
Apollogroup
Added: May 21, 2024
Changed: Nov 10
Last Checked: Nov 10 at 6:27AM
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 Berkshire Hathaway HomeServices Colorado Real Estate, LLC
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Investment Insights
Based on property information with market context.
This condominium suite is a beautiful ground-floor retail and office space with a mezzanine office level and newly updated interior finishes. The unit features two vaults, including a 35-ton circular walk-in vault, along with clean, updated office finishes throughout. Interior improvements include a conference room, hallways, and a lobby area, giving the space a ready-to-operate layout for commercial tenants.
The building includes street frontage on Stout Street and 17th Avenue, supporting a highly visible, street-facing presence. The property is part of the Equitable Building, a historic structure converted to condominiums in 2011, and it retains extensive architectural detailing throughout.
Inside and outside, tenants and visitors will notice the property’s ornate historic character, including Tiffany stained glass, an open curved master stairwell, intricate brass details, marble wainscoting, Byzantine-motif mosaic tile on vaulted ceilings, and elegant interior chandeliers. The exterior materials and detailing include grey brick and terra cotta banding. With its ground-floor accessibility, dedicated office improvements, and secure vault infrastructure, this suite is well suited to financial institutions and other commercial users seeking a distinctive, turn-key retail/office environment.
The building includes street frontage on Stout Street and 17th Avenue, supporting a highly visible, street-facing presence. The property is part of the Equitable Building, a historic structure converted to condominiums in 2011, and it retains extensive architectural detailing throughout.
Inside and outside, tenants and visitors will notice the property’s ornate historic character, including Tiffany stained glass, an open curved master stairwell, intricate brass details, marble wainscoting, Byzantine-motif mosaic tile on vaulted ceilings, and elegant interior chandeliers. The exterior materials and detailing include grey brick and terra cotta banding. With its ground-floor accessibility, dedicated office improvements, and secure vault infrastructure, this suite is well suited to financial institutions and other commercial users seeking a distinctive, turn-key retail/office environment.
Key Highlights
- Ground‑floor retail/office condominium with mezzanine offices and Stout St and 17th Ave street frontage in Downtown Denver
- Finished space includes two vaults, including a 35‑ton circular walk‑in vault
- Ornate historic building features include Tiffany stained glass, open curved master stairwell, marble wainscoting, and byzantine‑motif marble mosaic tile vaulted ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,724
Cap Rate
7.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,480
$634.5K
Cap Rate 7%
$453,200
$453.2K
Cap Rate 9%
$352,489
$352.5K
Market Conditions
NOI Build-Up for 2,163 SF
Gross rent
$44.4K $20.52/SF
− Vacancy
−$2.1K −$0.96/SF
EGI
$42.3K $19.56/SF
− OpEx
−$10.6K −$4.89/SF
NOI
$31.7K $14.67/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$634,480
Cap Rate 7%
$453,200
Cap Rate 9%
$352,489
Alternative Uses
Best Use
Specialty Retail
$453.2K
$396.6K – $528.7K
NOI $31,724 @ 7.0% cap · market cap 7.31%
Second Best
Office B
$452.7K
$396.2K – $528.2K
NOI $31,692 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$688.6K
$602.5K – $803.3K
NOI $48,199 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
14,615
Businesses Nearby
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Business Placement
Demographics for 80202, CO
19,606
Population
14,394
Households
1.4
Avg Household Size
34
Median Age
72%
College-Educated
96%
High-School Grad
1.2 sq mi
ZIP Area
16,338
Density / Sq Mi
$110,372
Median Household Income
$80,331
Median Earnings
$2,246
Median Rent
$677,100
Median Home Value
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Market
Vacancy Rate% for Office in Denver, CO
Frequently Asked Questions
What type of property is this?
Bank - Ground-floor retail/office unit with mezzanine offices and two vaults, including a circular walk-in vault.
Where is this bank located?
The property is located at 730 17th Street Unit 4A-4B Denver, CO.
What is the asking price?
The asking price for this property is $433,770.
What are key features of this property?
This property features: Ground‑floor retail/office condominium with mezzanine offices and Stout St and 17th Ave street frontage in Downtown Denver; Finished space includes two vaults, including a 35‑ton circular walk‑in vault; Ornate historic building features include Tiffany stained glass, open curved master stairwell, marble wainscoting, and byzantine‑motif marble mosaic tile vaulted ceilings
