The George | 98,577 SF Downtown Denver Office | REO Sale

Data Room

The George | 820 16th Street, Denver, CO

Kenai Capital Advisors is pleased to bring to market The George, a distinguished 98,577 SF, 8-story historic office building on Denver's iconic 16th Street, offered as a rare lender-facilitated (REO) disposition.

Sign the CA and access the data room: https://platform.altrio.com/exchange/kenai-capital-advisors/the-george

Key investment highlights:

• Complete vacancy offers a true blank canvas: reposition, re-tenant, or redevelop
• Approved SDP for 116-unit multifamily conversion with ground-floor retail, valid through August 2030
• Floors 3–7 already in turnkey office condition
• 97 Walk Score | 86 Transit Score: steps from MallRide, light rail, and BRT
• DDDA financing available: municipally-provided mezzanine loans at 20% of project cost at low interest rates (~3%)
• Eligible for Colorado's Historic Preservation Tax Credit (up to $15M annually)
• Track record of successful tax appeals has reduced assessed value ~41% since 2023

For additional information, please contact:
Canyon Law | 720.930.9764 | claw@kenaicap.com