A property that sold for $3.5 million tops the list of the most expensive commercial real estate sales in Denver in the past week.
During the past week, a total of nine commercial property sales were registered in the area, with an average price of $1.52 million, or $1,875 per square foot.
The prices in the list below include commercial real estate sales where the title was recorded during the week of April 20 even if the property sold earlier.
1. $3.5 million, office building at 4640 East Iliff Avenue
A sale has been finalized for the office property at 4640 East Iliff Avenue in Denver.
The price was $3.5 million. The building was constructed in 1962 and the area totals 2,206 square feet. The price per square foot ended up at $1,587. MGL Iliff LLC sold the office building to BTS Iliff KC LLC. The deal was closed on April 14.
2. $3 million, retail store at 13 South Broadway
The retail store or personal services shop at 13 South Broadway in Denver has new owners.
The price was $3,000,000. The building was raised in 1984 and has an area of 6,225 square feet. The price per square foot ended up at $482. Matthew Morris transferred ownership of the retail store to Cairn Crest LLC. The transaction was completed on April 9.
3. $1.98 million, commercial property at 1951 South Navajo Street
The sale of the general commercial property at 1951 South Navajo Street in Denver has been finalized.
The price was $1,975,000. The area of the building totals 19,950 square feet. The price per square foot ended up at $99. Sunshine Property Associates LLC bought the commercial property. The deal was finalized on April 16.
4. $1.9 million, commercial property at 1080 Acoma Street
A 9,442-square-foot commercial property at 1080 Acoma Street in Denver has been sold.
The total purchase price was $1,900,000, $201 per square foot. The building dates to 1914. Acoma Theater LLC acquired the property from Curious Theatre CO. The deal was closed on April 9.
5. $1.2 million, retail store at 1422 East 22nd Avenue, Unit 1438
A 5,574-square-foot retail store or personal services shop at 1422 East 22nd Avenue, Unit 1438 in Denver has been sold.
The total purchase price was $1,200,000, $215 per square foot. The building was constructed in 1889. 712 E CDA LLC and 1422 E 22nd LLC took over the retail store. The deal was finalized on April 15.
6. $871,000, commercial property at 726 West 6th Avenue Park
The general commercial property at 726 West 6th Avenue Park in Denver has new owners.
The price was $871,000. Nicole Wenz transferred ownership of the commercial property to Adorn Holdings LLC. The transaction was completed on April 8.
7. $871,000, commercial property at 572 Inca Street, Unit PRK
The sale of the general commercial property at 572 Inca Street, Unit PRK in Denver has been finalized.
The price was $871,000. The area of the building totals 100 square feet. The price per square foot ended up at $8,710. Wenz Properties LLC sold the commercial property to Adorn Holdings LLC. The deal was finalized on April 8.
8. $370,000, commercial land at 758 South Krameria Street
A sale has been finalized for the vacant commercial lot at 758 South Krameria Street in Denver.
The price was $370,000. The area of the building totals 100 square feet. The price per square foot ended up at $3,700. TMC Properties LLC acquired the commercial land. The deal was closed on March 6.
9. $16,526, restaurant at 6801 Leetsdale Drive
A 2,609-square-foot restaurant at 6801 Leetsdale Drive in Denver has been sold.
The total purchase price was $16,526, $6 per square foot. The building dates to 1955. Newline Holdings LLC bought the restaurant. The transaction was completed on April 13.