The seller bought it for $751,000 in 2004 from the notorious Smaldone crime family, which made it a hub for gambling and bootlegging in the 1940s.
Commercial Real Estate
Welcome to Business Den, your one-stop destination for all the latest and most important commercial real estate news from Denver. We are proud to offer a comprehensive and up-to-date collection of stories, articles, and insights that cover the Denver commercial real estate market in its entirety.
Subscribe to Business Den today and stay ahead of the curve.
Owner of Gaetano’s buys its Highland property for $2.6M
Amazon Fresh grocery store seems to be cropping up in Centennial
Amazon did not confirm it but a shopping center owner’s website refers to a “future grocery store” and “national tenant” taking the former Stein Mart space.
City negotiating $7.8M purchase of northeast Denver hotel for homeless shelter
The 96-room property’s current owner had initially planned to convert the former Stay Inn at Peoria and I-70 into a Travelodge.
Marpa House redevelopment overcomes opposition to win Boulder City Council support
A plan to redevelop the historic Marpa House at 891 12th St. in Boulder into student housing is moving forward despite an ongoing uproar from neighbors concerned about student behavior and community character.
Chef Troy Guard closing Larimer Square restaurant
Guard opened TAG in 2009 and then launched a restaurant group that includes other concepts to which he’s shifting his focus.
slideshow test AK
Burger bar will bring Minneapolis favorite ‘Juicy Lucy’ to Tennyson St.
“You can’t just eat into it or you’ll burn your mouth,” said a co-owner of the burger with cheese in the middle. “That’s how you know it’s a good one.”
Building permits 5.5.21
Phased construction for $27 million at 3500 Chestnut and $8.3 million for electrical work and a new building at 3750 Blake St. in Denver were the week’s top building permits.
Real estate firm under contract to buy a full city block in RiNo
The company will ask the city to rezone the property between Larimer and Lawrence streets, and 26th and 27th streets for future redevelopment.
DPS would pay $30M for west side of Johnson & Wales University campus
Four buildings would be included in the deal to expand a magnet school in South Park Hill — Wildcat Center, Academic Center, Aspen Hall and Whatley Chapel.
