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Baker district site scores nearly $152 per square foot

Denver County

Address or Location: 346-360 Acoma St., Denver

Improvements: 33,016-sf office building, YOC 1964, brick (land value)

Land Size: 40,366 sf

Date of Recording: 7/13

Reception No. 2017092257

Price: $6.13M, or $151.86 psf

Grantor: Mi Casa Resource Center

Grantee: VCMRE 360 LLC, Paul E. Slye, mgr., (by: Vukota Capital)

Financing: $4.4M payable to Shames Makovsky

Comments: Vacant office building; see APN: 5102-17-019; listed and sold by Hayden Hirschfeld, 303-565-3048, & of Dorit Makovsky Fischer, 303-565-3025, of NAI Shames Makovsky. Property is located on southeast corner of West Fourth Avenue & Acoma Street. First deed was recorded 2017092257 for $5.41M with 33,000-sf office building & 39,176 sf of land, with Mi Casa Resource Center as the grantor. Second deed was recorded 2017092256 with Alice Groat, Charla Thorstad & Gary Reser as the grantors, with a sales price of $725,000. The APN is 5102-17-005 and contains 7,360 sf with a house on the property. The zoning for these two properties is U-MS-5. Gary Davine is managing director of real estate acquisitions for Vukota Management, 720-408-4060 or gdavine@vukotacapital.com. Apartments are planned for the property, according to Todd Snyder of NAI Shames Makovsky, who represented the buyer.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.