A property that sold for $8.5 million tops the list of the most expensive commercial real estate sales in Denver in the past week.
The area saw a total of seven commercial property sales during the past week, averaging $3.56 million. The average price per square foot was $504.
The prices in the list below include commercial real estate sales where the title was recorded during the week of Aug. 31 even if the property sold earlier.
1. $8.5 million, retail store at 8450 East Iliff Avenue
The sale of the retail store or personal services shop at 8450 East Iliff Avenue in Denver has been finalized.
The price was $8.5 million. The home was built in 1983 and has a living area of 4,580 square feet. The price per square foot ended up at $1,856. James P. Harris took over the retail store or personal services shop from Wabash Retail LLC. The deal was closed on Aug. 25.
2. $8.5 million, retail store at 8400 East Iliff Avenue
A sale has been finalized for the retail store or personal services shop at 8400 East Iliff Avenue in Denver.
The price was $8.5 million. The house was built in 1983 and the living area totals 28,216 square feet. The price per square foot ended up at $301. Wabash Retail LLC transferred ownership of the retail store or personal services shop to James P. Harris. The deal was finalized on Aug. 25.
3. $3.7 million, commercial property at 12801 West Alameda Drive
A 176,651-square-foot general commercial property at 12801 West Alameda Drive in Denver has been sold.
The total purchase price was $3.7 million, $21 per square foot. The house was built in 1987. QR Alameda Lakewood LLC bought the general commercial property. The transaction was completed on Aug. 25.
4. $1.53 million, restaurant at 3759 Chestnut Place
A 3,294-square-foot restaurant at 3759 Chestnut Place in Denver has been sold.
The total purchase price was $1.53 million, $464 per square foot. The house was built in 1953. Karl M. Cdebaca and Barbara F. Mondragon sold the restaurant to Menalto III LLC. The transaction was completed on Aug. 26.
5. $1.19 million, commercial property at 5601 Leetsdale Drive, Unit NORTHSIDE
The general commercial property at 5601 Leetsdale Drive, Unit NORTHSIDE in Denver has new owners.
The price was $1.19 million. The home living area totals 10,000 square feet. The price per square foot ended up at $119. 5601 Leetsdale LLC took over the general commercial property. The deal was closed on Aug. 25.
6. $905,000, office building at 1938 South Broadway
The office property at 1938 South Broadway in Denver has new owners.
The price was $905,000. The home was built in 1945 and has a living area of 2,553 square feet. The price per square foot ended up at $354. The house features three bedrooms. Alchemy Equity Group LLC sold the office property to 1938 Broadway LLC. The deal was finalized on Aug. 28.
7. $600,000, restaurant at 195 Federal Boulevard
A 1,432-square-foot restaurant at 195 Federal Boulevard in Denver has been sold.
The total purchase price was $600,000, $419 per square foot. The house was built in 1981. JYE Holdings LLC acquired the restaurant. The deal was finalized on Aug. 28.