A property that sold for $5.61 million tops the list of the most expensive commercial real estate sales in Denver between May 25 and June 7.
The area saw a total of seven commercial property sales, averaging $1.6 million. The average price per square foot was $381.
The prices in the list below include commercial real estate sales where the title was recorded from the week of May 25 to the week of June 7 even if the property sold earlier.
1. $5.61 million, restaurant at 3600 Park Avenue W
A sale has been finalized for the restaurant at 3600 Park Avenue W in Denver.
The price was $5.61 million. The house was built in 1979 and the living area totals 6,059 square feet. The price per square foot ended up at $926. Park Avenue Apartments LLLP took over the restaurant. The deal was closed on May 15.
2. $1.6 million, auto repair shop at 4401 Wyandot Street
The sale of the auto repair garage at 4401 Wyandot Street in Denver has been finalized.
The price was $1,600,000. The home was built in 1949 and has a living area of 2,963 square feet. The price per square foot ended up at $540. 4 Less Auto Repair LLC transferred ownership of the auto repair garage to Star Dust LLC. The deal was finalized on May 22.
3. $1.24 million, office building at 1625 North Downing Street
The office property at 1625 North Downing Street in Denver has new owners.
The price was $1,241,175. The house was built in 1939 and has a living area of 5,716 square feet. The price per square foot ended up at $217. 1625 Downing LLC and Clarkson Properties LLC sold the office property to Alexander Rankin. The transaction was completed on May 21.
4. $1.2 million, restaurant at 1885 South Federal Boulevard
A 2,386-square-foot restaurant at 1885 South Federal Boulevard in Denver has been sold.
The total purchase price was $1,200,000, $503 per square foot. The home was built in 1976. Aristeo Campuzano took over the restaurant from Tomas Villagomez and Melva Villagomez. The deal was finalized on May 20.
5. $600,000, office building at 1955 North Sherman Street
A 25,501-square-foot office property at 1955 North Sherman Street in Denver has been sold.
The total purchase price was $600,000, $24 per square foot. The house was built in 1962. 1955 Sherman LLC sold the office property to Claudrey Sherman LLC. The deal was closed on May 22.
6. $499,000, office building at 1550 West Alameda Avenue
A sale has been finalized for the office property at 1550 West Alameda Avenue in Denver.
The price was $499,000. The house was built in 1921 and the living area totals 1,140 square feet. The price per square foot ended up at $438. The home features two bedrooms. Ehsan Ghaffari transferred ownership of the office property to A Team Garage Doors. The transaction was completed on May 21.
7. $431,409, office building at 400 South Broadway
The office property at 400 South Broadway in Denver has new owners.
The price was $431,409. The house was built in 2009 and has a living area of 18,314 square feet. The price per square foot ended up at $24. 400 SL LLC bought the office property from Peace Of Work LLC and 400 South Broadway LLC. The deal was finalized on May 22.
