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Multi-Level Office Unit with Balcony
For Sale
$2,250,000

730 17th Street Unit 109, Denver, CO 80202

Executive offices, private bathrooms, kitchen, and conference space span a multi-level suite.

Property Size7,294 SF
Days on Market31

Property Features for 730 17th Street Unit 109

General Information

Standard status Active
Size 7,294 SF
Elevators Yes
Property subtype Office

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $25,251

Amenities

fitness center
common conference room
locker storage room
onsite maintenance
security
pet-friendly workspace

Building Details

Building Size 7,294 SF
Year Built 1892
Buildings 1
Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Colorado Real Estate, LLC
Listed By: John Dovenbarger · License #1318931
Source: Eliselosassore
Added: Sep 7 Changed: Sep 23 Last Checked: Oct 5 at 11:17PM

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.

Office Unit 109 occupies three interior levels within The Equitable Building, constructed in 1892. The suite includes two executive offices with private bathrooms, five additional offices, a bullpen area, kitchen, and a large conference room. An outdoor balcony is located on the 4th level, while the interiors feature detailed finishes throughout.

Common-area improvements are planned, including new elevators and HVAC. Building amenities include a fitness center, shared conference room, locker storage, freight elevator, onsite maintenance, and security. The workspace is pet-friendly, with building hours from 7:00 AM to 6:00 PM Monday through Friday and 7:00 AM to 3:00 PM on Saturday.

The building is within one block of a light rail stop and the 16th Street Mall, with restaurants and entertainment venues within walking distance.

Key Highlights

  • Three interior office levels with a 4th level outdoor balcony
  • Two executive offices, each with a bathroom
  • Five additional offices, bullpen area, kitchen, and large conference room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$106,872
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,440 $2.1M
Cap Rate 7%
$1,526,743 $1.5M
Cap Rate 9%
$1,187,467 $1.2M
Market Conditions
NOI Build-Up for 7,294 SF
Gross rent
$192.6K $26.40/SF
− Vacancy
−$50.1K −$6.86/SF
EGI
$142.5K $19.54/SF
− OpEx
−$35.6K −$4.88/SF
NOI
$106.9K $14.65/SF
Area
Denver, CO
Vacancy
26.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,137,440
Cap Rate 7%
$1,526,743
Cap Rate 9%
$1,187,467

Alternative Uses

Best Use
Office B
$1.53M
$1.34M – $1.78M (±1% cap)
NOI $106,872 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.71M (±1% cap)
NOI $162,536 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

PHM Brands Food Processing Plant Kellen Law Firm Law Firm Kent Hollier, PC Law Firm Hatch Ray Olsen ... Law Firm Kirk Holleyman Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Butcher Daycare Center Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

14,615
Businesses Nearby

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

14.5% 2019
17.4% 2020
19.3% 2021
21.8% 2022
23% 2023
25% 2024
26.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Executive offices, private bathrooms, kitchen, and conference space span a multi-level suite.
Where is this office units located?
The property is located at 730 17th Street Unit 109 Denver, CO.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Three interior office levels with a 4th level outdoor balcony; Two executive offices, each with a bathroom; Five additional offices, bullpen area, kitchen, and large conference room
More about this property
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