For that duty. Yes, I know it is discontinued. You can still get them but the prices! I think you're going to have to look at one with a DAC but one that has a digital out. That's the story with the SBT. I got it for $244. The Sherwood WD-1 is the closest to the feature set you need, but doesn't go beyond CD resolution.
Price is a function of volume. So, even though there are players that do what you want, and it should cost less to have fewer features, what you're asking for is so rare the producer has to set a high price due to low volume. Cheaper to get something that more people want, that you can ADAPT to what you need. Yes, it means features you aren't going to use, but that's true of your phone isn't it?
Look at the hifi landscape, and look what most people are buying. If you go far from that, money flies out of your wallet.