Office Condo Suite in Historic
For Sale
$346,200
730 17th Street Unit 4K, Denver, CO 80202
Vacant office condo suite on the 4th floor of a historic downtown building with building common area upgrades underway.
Property Size1,731 SF
Price / SF$200
Days on Market1252
Property Features for 730 17th Street Unit 4K
General Information
Standard status
Active
Size
1,731 SF
Property subtype
Office
Building Details
Year Built
1892
Listing Agency:
Berkshire Hathaway HomeServices Colorado Real Estate, LLC
(303) 591-8771
Listed By:
John Dovenbarger · License #1318931
(303) 591-8771
Source:
Xome
Added: Feb 25, 2023
Changed: Jul 23
Last Checked: Jul 31 at 3:04AM
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
Investment Insights
Based on property information with market context.
This office condo suite is located on the 4th floor of the historic Equitable Building, built in 1892. Unit 4K is currently vacant, with all other listed office condo units also vacant except Unit K, which has a short-term, month-to-month tenant. Units can be purchased individually or as a group, and Unit 4A and 4B are currently joined as contiguous space.
The building is within one block of a light rail stop and the 16th Street Mall, with restaurants and entertainment venues within walking distance. Common area renovations are underway, including new elevators and HVAC.
The Equitable Building offers shared amenities including a fitness center, common conference room, locker storage room, and a separate freight elevator, along with onsite maintenance and security. The workspace is described as pet-friendly, and a common area freight elevator is available for building access.
The building is within one block of a light rail stop and the 16th Street Mall, with restaurants and entertainment venues within walking distance. Common area renovations are underway, including new elevators and HVAC.
The Equitable Building offers shared amenities including a fitness center, common conference room, locker storage room, and a separate freight elevator, along with onsite maintenance and security. The workspace is described as pet-friendly, and a common area freight elevator is available for building access.
Key Highlights
- Five 4th‑floor office condo units in the historic Equitable Building in downtown Denver (built 1892).
- Unit sizes include 4A 2,163 SF, 4B 640 SF, 4H 1,782 SF, 4J 675 SF, and 4K 2,128 SF.
- Units can be purchased individually or as a group totaling 7,388 SF; Units A and B are joined as contiguous space.
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 | $45.7k | $26.40 |
| − Vacancy | −$11.9k | −$6.86 |
| EGI | $33.8k | $19.54 |
| − OpEx | −$8.5k | −$4.88 |
| NOI | $25.4k | $14.65 |
1,731 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$362.3K
$317.0K – $422.7K
NOI $25,363 @ 7.0% cap · market cap 7.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.0K
$482.2K – $642.9K
NOI $38,573 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
14,615
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Vacant office condo suite on the 4th floor of a historic downtown building with building common area upgrades underway.
Where is this office units located?
The property is located at 730 17th Street Unit 4K Denver, CO.
What is the asking price?
The asking price for this property is $346,200.
What are key features of this property?
This property features: Five 4th‑floor office condo units in the historic Equitable Building in downtown Denver (built 1892).; Unit sizes include 4A 2,163 SF, 4B 640 SF, 4H 1,782 SF, 4J 675 SF, and 4K 2,128 SF.; Units can be purchased individually or as a group totaling 7,388 SF; Units A and B are joined as contiguous space.
