Price: $1,725,000
Square Feet: 17,945
Address: 200 LIPAN STREET
City: DENVER
State: CO
ZIP: 80223
PINNACLE ANNOUNCES SALE OF 200 LIPAN STREET IN DENVER
Denver, CO – June 15th, 2015 – Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 200 Lipan Street in Denver, Colorado. This central market manufacturing/warehouse sold on June 8th with a contract price of $1,725,000. The property, constructed in 1952, featured a 13,815 SF warehouse plus a 4,130 SF office space.
The local buyers are planning extensive renovations to the property, including converting 53% of the warehouse to office space and adding an additional 1,800 SF unit. This will allow them to bring their three businesses under one roof.
Jim Knowlton, Senior Advisor, at Pinnacle Real Estate Advisors, represented the purchasers in the transaction.
For more information, please contact Jim Knowlton or Robert Lawson at 303-962-9555.
Pinnacle Real Estate Advisors Pinnacle Real Estate Advisors is a full-service commercial real estate brokerage firm servicing clients globally who own commercial properties in the metro Denver area and throughout Colorado. Our expertise encompasses all commercial real estate property types. We have experienced advisors specializing in apartment building sales and acquisition; retail property sales, leasing and acquisition; office property sales, leasing, tenant representation, and acquisition; and industrial property sales, leasing and acquisition. The Pinnacle Experience™ is a unique approach that is focused on each client’s needs, delivering superior real estate guidance, proven market perspective and unmatched results. Pinnacle Real Estate Advisors combines market expertise with a Full Spectrum Marketing™ campaign that delivers innovative real estate solutions that are client-centric and relationship focused. In 2014, Pinnacle Real Estate Advisors closed 307 transactions for a total of $366 million. To view a current list of our buildings for sale in Denver, visit: www.pinnaclerea.com/featured-listings.
| Price: | $1,725,000 |
| Address: | 200 Lipan Street |
| City: | Denver |
| State: | CO |
| Zip Code: | 80223 |