Property Location: 1050 Bannock St., Denver
Property Description: 3,465-sf office building, YOC 1965, masonry, with 11 parking spaces
Land Size: 7,460 sf
Sales Price: $1.53M, or $441.56 psf
Reception No.: 2018079849
Closing Date: 6/26
Grantor: The Premier Mortgage Co. (James Park, mbr.)
Grantee: Terjesen Development LLC (Kristen Terjesen, mgr.), 303-333-4650
Financing: $849,000 & $679,200 payable to Mountain View Bank
Comments: Property was listed and sold by Tim Finholm and Sam Leger of Unique Properties Inc., 303-321-5888. This property previously sold in August 2016 for $1.25 million, reflecting an appreciation of 22.4%, or annual growth rate of 11.08%. Buyer will use the property for her business, Studio 10 Interior Designs.
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.