South Broadway retail building in Denver sells for $1.55 million

Denver County

Property Location: 114-120 S. Broadway, Denver

Property Description: 5,450-sf strip center YOC 1933, brick

Land Size: 7,812 sf

Sales Price: $1.55M, or $284.40 per sf

Reception No.: 2017125447

Closing Date: 9/22

Grantor: 114-120 LLC., E.V. Kazazian, mgr., formerly of Denver, now Rancho Mirage, CA

Grantee: S. Broadway Investment LLC, Judy Gaines, mgr.

Financing: $1.35M @ 6% due 10 years, payable to seller

Comments: Three-tenant building including Fox & Crow Salon; see Assessor Parcel Number: 05104-23-017.

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.