West Colfax redevelopment site corralled at $80 per square foot

Denver County

Property Location: 4190 W. Colfax Ave., Denver

Property Description: formerly Andy’s Used Car Sales, with 1.239-sf sales office, YOC 1952

Land Size: 18,750 sf

Sales Price: $1.5M, or $80 psf

Reception No.: 2018152872

Closing Date: 11/28

Grantor: A-B & T LLC (Thomas & Brigitte Christianson, mbrs.)

Grantee: 4190 West Colfax LLC (Matt D. Sanchez, 303-444-7368)

Financing: $1.19M payable to Collegiate Peaks Bank

Comments: Matt D. Sanchez is the buyer and buyer broker in this transaction as his company is MarketPlace Realty LLC. The property is on the southeast corner of Raleigh St. & W. Colfax Ave.

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.