Built in 1888 for Jerome B. Wheeler, a Colorado mining baron and financier, the building was Manitou Springs's first bank.[3][4]
The building is a combination of Romanesque Revival and Italian Villa architectural styles. The first floor shows two different facades. For the 717 Manitou Avenue address, there are heavy arches, with a half-circle leaded glass window at the top of each arch. The facade for the other half of the building, with the 719 Manitou Avenue address, is a recessed storefront. Between the two is an entry to the stairway to the second and third floors. The second- and third-floor facades are symmetrical across the two halves of the building, with windows set in a 3-1-3 pattern across both floors. The interior of the third floor spans both buildings and was originally an opera house; it has since been converted to an apartment. The red brick exterior, as of 2013, was painted a cream-buff color with red trim.[5]
Jerome B. Wheeler operated a bank in one half of the first floor. The other first floor business was a dry goods store operated by N.O. Johnson & Son. Offices were located on the second floor and an opera hall, called Wheeler Hall or Opera Hall, was on the third floor. The bank closed during the Panic of 1893. It later reopened and was a bank until 1922. The financial institution became the Bank of Manitou in a new building on Manitou Avenue.[4]
Wheeler made several donations to the town of Manitou:[4]
$50,000 towards Manitou Avenue construction
Provided equipment for the volunteer fire company
Donated the Wheeler Clock at Manitou and Canon Avenues
Provided $10,000 for repairs following a "devastating" flood of 1913
^"Colorado - El Paso County". nationalregisterofhistoricplaces.com. National Register of Historic Places in El Paso County, Colorado. Retrieved 2024-03-01.