The structure was built in 1926 and has been used for child care since then, with the exception of a few years in the 1990s when it was being renovated. (Courtesy Unique Properties)
A protected city landmark on the edge of RiNo that was used for child care for nearly a century is being marketed for sale by its nonprofit owner.
Catholic Charities put its building at 1128 28th St. — dubbed the Margery Reed Mayo Day Nursery — up for sale last month, asking $6.35 million.
The 25,000-square-foot structure was built in 1926 and is named after the daughter of the center’s original operator, Mary Reed, who died while it was under construction. The property has been used as a nursery and child care center ever since, although it was closed for renovations for a handful of years in the 1990s.
Catholic Charities, the current owner, acquired the property in 1974 from Sisters of Charity, a Catholic religious order in Ohio.
The building sits at the corner of 28th and Lawrence streets. (Courtesy Unique Properties)
Catholic Charities spokeswoman Stacy Baum said the organization decided to sell “due to changing demographics and lower enrollment in the area.”
“We are relocating classroom operations to other Catholic Charities’ early childhood education centers where the need is greater and moving our administrative staff to a more cost-effective leased space,” Baum said in an email. “Proceeds from the sale will fund infrastructure improvements and upgrades to our systems, helping us better serve the Colorado community across the Archdiocese of Denver.”
Elliott Polanchyck and William McCauley of Unique Properties are marketing the property. Their listing says it “presents investors with a rare chance to blend modern functionality with the timeless charm of a cornerstone building in RiNo.”
The building has been a Denver landmark since the 1990s, according to city records. That designation effectively bars demolition of the structure, and means that changes to its exterior must be approved by the city’s Landmark Preservation Commission.
The listing also includes an adjacent 6,250-square-foot parking lot next to the building, at the corner of 27th and Arapahoe.
The structure was built in 1926 and has been used for child care since then, with the exception of a few years in the 1990s when it was being renovated. (Courtesy Unique Properties)
A protected city landmark on the edge of RiNo that was used for child care for nearly a century is being marketed for sale by its nonprofit owner.
Catholic Charities put its building at 1128 28th St. — dubbed the Margery Reed Mayo Day Nursery — up for sale last month, asking $6.35 million.
The 25,000-square-foot structure was built in 1926 and is named after the daughter of the center’s original operator, Mary Reed, who died while it was under construction. The property has been used as a nursery and child care center ever since, although it was closed for renovations for a handful of years in the 1990s.
Catholic Charities, the current owner, acquired the property in 1974 from Sisters of Charity, a Catholic religious order in Ohio.
The building sits at the corner of 28th and Lawrence streets. (Courtesy Unique Properties)
Catholic Charities spokeswoman Stacy Baum said the organization decided to sell “due to changing demographics and lower enrollment in the area.”
“We are relocating classroom operations to other Catholic Charities’ early childhood education centers where the need is greater and moving our administrative staff to a more cost-effective leased space,” Baum said in an email. “Proceeds from the sale will fund infrastructure improvements and upgrades to our systems, helping us better serve the Colorado community across the Archdiocese of Denver.”
Elliott Polanchyck and William McCauley of Unique Properties are marketing the property. Their listing says it “presents investors with a rare chance to blend modern functionality with the timeless charm of a cornerstone building in RiNo.”
The building has been a Denver landmark since the 1990s, according to city records. That designation effectively bars demolition of the structure, and means that changes to its exterior must be approved by the city’s Landmark Preservation Commission.
The listing also includes an adjacent 6,250-square-foot parking lot next to the building, at the corner of 27th and Arapahoe.
