Denver County
Property Location: 2645 W. Seventh Ave., Denver
Property Description: 33,042-sf warehouse, YOC 1970, twin-tee construction, to be used for possible homeless shelter overflow
Land Size: 1.145 acres
Sales Price: $3.8M, or $115.00 psf
Reception No.: 2017149981
Closing Date: 11/15/2017
Grantor: 2601-2605 W. 7th Ave LLC, Katherine B. Dudden, Bret Kaup, Amber Kaup
Grantee: City and County of Denver, Division of Real Estate
Financing: Cash
Comments: Property was scheduled to close in late 2016 but closing was extended to late 2017. Lawsuit between city of Denver (plaintiff) and grantor was dismissed, with prejudice, 11-27-2017. See Comp of the Day for seller’s new location sale.
Unique Woodworking exchanges industrial locations for Montbello building
Property Location: 5005 Peoria St., Denver
Property Description: 20,414-sf industrial building, YOC 1981, concrete panel construction
Land Size: 1.145 acres
Sales Price: $1.74M, or $85 psf
Reception No.: 2018007643
Closing Date: 1/19
Grantor: 5005 Peoria LLC, William Ohs & Robert Cilli, mgrs., 303-321-3232
Grantee: The Orville Group, Bret Kaup, mgr., 2605 W. 7th Ave, Denver 80204
Financing: Cash from proceeds of 2645 W. 7th Ave sale
Comments: Seller owns William Ohs Kitchens at 5095 Peoria St., and buyer owned 2601-2605 West 7th Ave LLC, which closed in November 2017 for $3.8 million; see previous Comp of the Day.
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.
