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1433 17th St
Denver, CO 80202
St. Elmo Bldg · Office Property For Sale
Investment Highlights
- AA Location, Highly improved vacancies throughout including a brand new $3.5M+ restaurant space (2024 construction). 40-stall parking can be included
Executive Summary
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the exclusive opportunity to acquire St. Elmo (“Building”, “Property”), a brick & timber building ideally located in the heart of Denver’s Lower Downtown (“LoDo”) district. St. Elmo is a boutique mixed-use asset that is comprised of 46% retail and 54% office, offering the investor significant upside in a highly improved brick & timber construction.
• RBA: 20,343 SF | 20,442 SF (BOMA)
• % Leased: 36.5% (going to 10.2% with one
known vacate)
• WALT: 2.2 years
• Year Built: 1896
• Well-positioned, improved vacancies
• Unique mixed-use investment opportunity
with 46% retail | 54% office
• Highly visible location at the corner of
17th Street & Blake Street in LoDo
• Distinguished owner-user investment opportunity
The ground floor restaurant space completed a $3.5M+
renovation in the summer of 2024. The renovation includes a
completely redesigned space including brand new, state-of-
the-art commercial kitchen (with all new equipment),
bar, and high-end, modern finishes throughout.
• RBA: 20,343 SF | 20,442 SF (BOMA)
• % Leased: 36.5% (going to 10.2% with one
known vacate)
• WALT: 2.2 years
• Year Built: 1896
• Well-positioned, improved vacancies
• Unique mixed-use investment opportunity
with 46% retail | 54% office
• Highly visible location at the corner of
17th Street & Blake Street in LoDo
• Distinguished owner-user investment opportunity
The ground floor restaurant space completed a $3.5M+
renovation in the summer of 2024. The renovation includes a
completely redesigned space including brand new, state-of-
the-art commercial kitchen (with all new equipment),
bar, and high-end, modern finishes throughout.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
20,442 SF
Building Class
B
Year Built/Renovated
1896/2007
Price
$3,000,000
Price Per SF
$146.76
Percent Leased
37%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,455 SF
Building FAR
3.35
Lot Size
0.14 AC
Zoning
D-LD
Amenities
- 24 Hour Access
- Restaurant
- Wheelchair Accessible
- Outdoor Seating
- Air Conditioning
Property Taxes
| Parcel Number | 2331-07-024 | Improvements Assessment | $506,820 |
| Land Assessment | $506,820 | Total Assessment | $1,520,000 |
Property Taxes
Parcel Number
2331-07-024
Land Assessment
$506,820
Improvements Assessment
$506,820
Total Assessment
$1,520,000
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