Denver Diner sells for $3.6M

Denver Diner is located at 740 W. Colfax Ave. Photo by Thomas Gounley.

The longtime owner of the Denver Diner on West Colfax has sold the property, but will continue operating the restaurant.

George Skordos sold the 0.37-acre lot at 740 W. Colfax Ave., right next to Speer Boulevard, last week for $3.6 million, according to county records.

The buyer was Denver-based real estate firm Brue Baukol Capital Partners. MidFirst Bank provided financing for the deal.

Brue Baukol CEO Chad Brue said in an email Sunday that “we did a sale-leaseback” with Skordos.

“Denver Diner (the business) will not be going anywhere anytime soon,” Brue said.

Brue did not respond to additional questions. At the diner on Friday, Skordos told a reporter he did not want to discuss the transaction.

Skordos had owned the property since April 1996, when he bought it for $665,000, according to records.

He’s owned the business for even longer. According to The Denver Post, Skordos bought the restaurant in 1990 from the White Spot chain, which began operating at the site in the mid-1960s.

The 3,646-square-foot building dates to 1966, according to city records.

In January 2014, when The Denver Post looked into what the newspaper characterized as “rumors” that change was coming to the property, Skordos predicted a long future at the site.

Leave a Reply

1 Comment on "Denver Diner sells for $3.6M"

avatar
  Subscribe  
newest oldest most voted
Notify of
Brandy Bates Smaldone
Guest
Brandy Bates Smaldone
Well its unfortunate… What is really going on at The Denver Diner. What an embarrassment to this city. Ill start with a disclaimer statement that says.. My intent is not to libel, defame, or sabotage any person or corporation and nobody is going to sue anybody over anything in this blog. And the police and govt are going to for the first time in a very long time..going to keep their mouths shut because I’m a Prodigy beta 1 and I assure all of you…I know my internet rights far better than any of them. That said… We have to… Read more »