Denver County
1. Property Location: 2620 Walnut St., Denver, “10 Barrel Brewing Restaurant”
Property Description: 9,375-sf restaurant, YOC 1929, brick construction
Land Size: 9,397 sf
Sales Price: $5M, or $533.33 psf
Reception No.: 2019000372
Closing Date: 12-20-18
Grantor: North of the Border LLC (Kenneth Wolf, 75%, & Ari Stutz, 25%)
Grantee: Rino Edens LLC (Jodie W. McLean, CEO), 803-779-4420
Financing: Cash
Comments: Buyer previously assembled $55.16M of real estate in the 2600 blocks of Walnut and Larimer streets totaling nearly 120,000 sf. The buyer owns 2669 Larimer St. in Denver, known as the Denver Central Market. The latest assemblage, at year-end 2018, includes three buildings containing 24,243 sf for $10.1 million. Ari Stutz of Downtown Property Services, 303-292-3193 was one of the owners of the property.
2. Property Location: 2628 Walnut St., Denver, “Pairin Building”
Property Description: 3,118-sf office building, YOC 1965, renovated 2012, brick construction
Land Size: 3,118 sf
Sales Price: $1.5M, or $481.08 psf
Reception No.: 2019000142
Closing Date:12-20-18
Grantor: Associative Properties LLC (Joshua P. Elson, mbr.)
Grantee: Rino Edens LLC (Jodie W. McLean, CEO), 803-779-4420
Comments: This building is leased by Pairin Inc.
3. Property Location: 2649 Walnut St., Denver
Property Description: 11,750-sf warehouse, YOC 1945, brick construction
Land Size: 12,515 sf
Sales Price: $3.6M, or $306.38 psf
Reception No.: 2018164188
Closing Date: 12-28-18
Grantor: Steven E. Brown & Kevin J. Danknich
Grantee: Rino Edens LLC (Jodie W. McLean, CEO), 803-779-4420
Comments: This property was listed for sale by SullivanHayes Brokerage – David Dobek, Sean Kulzer & Michael DePalma. The property is located on the westerly corner of 27thStreet & Walnut St. Property was vacant at time of sale.
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.
