Property Location: 2301 S. Platte River Drive, Denver
Property Description: 10,005-sf industrial building, YOC 1963, brick
Land Size: 12,500 sf
Sales Price: $1.35M, or $134.93 psf
Reception No.: 2019001531
Closing Date: 1/4
Grantor: Warren & Bette Struble
Grantee: Blanch Investments LLC (Russell Blanch, mgr.), 303-935-8889
Financing: $840,000 payable to Bank of Colorado, due in 10 years
Comments: Listed by Jeff Kummer, 303-885-4725, of Altitude Commercial Realty for $1.35M. Warehouse contains 3,000 sf of office area, 12-14’ clear ceilings, two oversized doors and one 10×10-foot drive-in door, brick & twin-tee construction. Property is located on the southwest corner of W. Iliff Ave & S. Platte River Drive. Buyer’s company, Majestic Rails Inc., will relocate from 1111 W. Evans Ave. to this property.
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.