Mainspring bought the former fire station at 3201 Curtis St. in Denver in 2022. (Thomas Gounley/BusinessDen)
Mainspring Co. is looking to trim its holdings in Five Points.
The Denver development firm this month listed for sale a former firehouse that it owns in Curtis Park, as well as a site near Uptown that currently houses a dog park.
The one-time fire station is at 3201 Curtis St. Mainspring paid $3.7 million in July 2022 to buy the 11,600-square-foot brick building from the nonprofit Women’s Bean Project.
The property is vacant but contains a commercial kitchen. Marketing materials tout the structure could be used as open office space or for retail or restaurant use, or could be converted for residential use. The asking price is $3.85 million.
Also for sale is Mainspring’s 0.73-acre triangular parcel at 2205 Washington St., which the firm purchased from the Denver Housing Authority in 2018 for $2.24 million. The site just north of a Safeway grocery store is home to a dog park.
The 2205 Washington St. lot is currently used as a dog park. (Thomas Gounley/BusinessDen)
CEO Andy Schlauch said that Mainspring, which was founded by Fiona Arnold, former executive director of the Colorado Office of Economic Development and International Trade, originally planned to build condominiums on the property but has “come to realize it’s too big for us.” The parcel’s zoning allows up to 80 feet, he said.
“We’re a small company that doesn’t have the capacity to do what’s best for the neighborhood long-term,” he said.
The site comes with a key restriction, which was put in place when DHA agreed to sell the site to Mainspring. Any development of the land will have to include 10 for-sale residential units priced for those making up to 80 percent of the area median income.
NAI Shames Makovsky brokers Dorit Fischer and Hayden Hirschfeld are marketing both properties.
Schlauch said Mainspring is focusing on renovating a 28,000-square-foot office building in Uptown, which it bought for $5.6 million in 2021. The company will likely start marketing it for lease in June, he said.
Mainspring’s other real estate holdings include the Backyard on Blake retail complex in RiNo.
Correction: A reference to the height allowed on the Washington Street parcel has been corrected.
Mainspring bought the former fire station at 3201 Curtis St. in Denver in 2022. (Thomas Gounley/BusinessDen)
Mainspring Co. is looking to trim its holdings in Five Points.
The Denver development firm this month listed for sale a former firehouse that it owns in Curtis Park, as well as a site near Uptown that currently houses a dog park.
The one-time fire station is at 3201 Curtis St. Mainspring paid $3.7 million in July 2022 to buy the 11,600-square-foot brick building from the nonprofit Women’s Bean Project.
The property is vacant but contains a commercial kitchen. Marketing materials tout the structure could be used as open office space or for retail or restaurant use, or could be converted for residential use. The asking price is $3.85 million.
Also for sale is Mainspring’s 0.73-acre triangular parcel at 2205 Washington St., which the firm purchased from the Denver Housing Authority in 2018 for $2.24 million. The site just north of a Safeway grocery store is home to a dog park.
The 2205 Washington St. lot is currently used as a dog park. (Thomas Gounley/BusinessDen)
CEO Andy Schlauch said that Mainspring, which was founded by Fiona Arnold, former executive director of the Colorado Office of Economic Development and International Trade, originally planned to build condominiums on the property but has “come to realize it’s too big for us.” The parcel’s zoning allows up to 80 feet, he said.
“We’re a small company that doesn’t have the capacity to do what’s best for the neighborhood long-term,” he said.
The site comes with a key restriction, which was put in place when DHA agreed to sell the site to Mainspring. Any development of the land will have to include 10 for-sale residential units priced for those making up to 80 percent of the area median income.
NAI Shames Makovsky brokers Dorit Fischer and Hayden Hirschfeld are marketing both properties.
Schlauch said Mainspring is focusing on renovating a 28,000-square-foot office building in Uptown, which it bought for $5.6 million in 2021. The company will likely start marketing it for lease in June, he said.
Mainspring’s other real estate holdings include the Backyard on Blake retail complex in RiNo.
Correction: A reference to the height allowed on the Washington Street parcel has been corrected.
