Gabriel’s restaurant building in Sedalia sells for $1.37M

Denver County

Property Location: 5450 Manhart, Sedalia

Property Description: 6,630-sf restaurant, YOC 1907, frame, renovated 2004

Land Size: 1.205 acres

Sales Price: $1.37M, or $205.88 psf

Reception No: 20180

Closing Date: 8/6

Grantor: Matthew Earl Bundy, Sedalia 80135

Grantee: 5450 Manhart Holdings (Charles Briggs, mgr.), Lakewood 80232

Financing: $1.62M SBA loan payable to MidWestOne Bank

Comments:  Lots 9-14, Block 7, town of Sedalia, Lot 5A, Block 7, Sedalia 5^thAmendment; see APN: 2353-133-02-023 & 2353-144-08-012. This property was listed by Ian Elfner of NavPoint Real Estate, 720-376-6805.

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.