Investment Overview
Equitable Building - Beautiful Ground Floor with New Interior
Investment Highlights
- A rare opportunity to buy a highly visible 1st floor retail/office condominium with mezzanine offices with Stout Street and 17th Avenue street frontage, AT ASK PRICE, RENT EQUIVALENT OF ONLY APPROX. $16.25 S.F. NNN - MUCH LOWER THAN 1ST FLOOR RETAIL RENTS IN THE AREA. It provides a turn-key opportunity of a great location for a financial institution or other commercial user looking for a signature location in Downtown Denver. The Equitable Building is in a class all by itself with ornate finishes, Tiffany stained glass, open curved master stairwell and an array of different office improvements. This Italian Renaissance Revival Edifice is filled with intricate brass details, marble wainscoting, marble mosaic tiles in Byzantine motifs on the vaulted ceilings, and elegant chandeliers on the interior and granite blocks, grey brick, terra cotta banding, and elegant details abound on the exterior. The unit is currently finished out with TWO vaults including a 35-ton circular walk in vault and updated clean white finishes throughout the offices, conference room, hallways and lobby. One of Denver's finest and storied historic properties converted to condominiums in 2011. **Ask broker about unfinished SF not included in this price as well as prominent exterior corner building signage per picture above. * RECENTLY REDUCED