The building at 1301 S. Pearl St. was home for nearly two decades to Hanson’s, a burger joint. (Matt Geiger/BusinessDen)
A vacant Platt Park building that once housed a burger joint has hit the market, again.
Greenwood Village-based Cadence Capital Investments put the 8,500-square-foot 1301 S. Pearl St. building, formerly home to Hanson’s Grill & Tavern, up for sale in recent weeks without a listing price.
Hanson’s closed at the start of 2020 after nearly two decades in operation. Cadence purchased the two-story building in September of that year for $2.6 million, or $306 a foot.
The rear of the 1301 S. Pearl St. structure. (Matt Geiger/BusinessDen)
Cadence, meanwhile, subsequently submitted documents to the city proposing to convert it into an office building, but no work appears to have taken place. The building’s windows are boarded up, with some wear and tear on the east side.
Cadence declined to comment.
The building constructed in 1911 sits on a 12,500-square-foot lot at the corner of Pearl Street and Louisiana Avenue and is zoned for up to three stories. Listing documents describe the property as a redevelopment project or a site for a new restaurant operator. The county assessor values the property at $1.86 million.
The building at 1301 S. Pearl St. was home for nearly two decades to Hanson’s, a burger joint. (Matt Geiger/BusinessDen)
A vacant Platt Park building that once housed a burger joint has hit the market, again.
Greenwood Village-based Cadence Capital Investments put the 8,500-square-foot 1301 S. Pearl St. building, formerly home to Hanson’s Grill & Tavern, up for sale in recent weeks without a listing price.
Hanson’s closed at the start of 2020 after nearly two decades in operation. Cadence purchased the two-story building in September of that year for $2.6 million, or $306 a foot.
The rear of the 1301 S. Pearl St. structure. (Matt Geiger/BusinessDen)
Cadence, meanwhile, subsequently submitted documents to the city proposing to convert it into an office building, but no work appears to have taken place. The building’s windows are boarded up, with some wear and tear on the east side.
Cadence declined to comment.
The building constructed in 1911 sits on a 12,500-square-foot lot at the corner of Pearl Street and Louisiana Avenue and is zoned for up to three stories. Listing documents describe the property as a redevelopment project or a site for a new restaurant operator. The county assessor values the property at $1.86 million.
