DENVER, CO – [October 18, 2023] – Blue West Capital has completed the sale of a redevelopment property located at 1751 N Williams St in Denver, CO for $935,000. Brandon Gayeski, of Blue West Capital, exclusively represented the seller in the transaction. The purchaser was McAtee Properties, LLC, who will be redeveloping the property into townhomes. The quick all-cash transaction closed in just 46 days.
The property is currently a free-standing office building. The seller operated his dentist practice at this location for the past 30+ years. The seller discontinued operations and vacated at closing. This infill property is located two miles east of Downtown Denver in the heart of the City Park West neighborhood and within one block of Saint Joseph Hospital, Kaiser Permanente, Presbyterian St Luke’s Medical Center, and the Rocky Mountain Hospital for Children. The surrounding area is densely populated with over 235,000 people living within three miles and there are significant barriers to entry. The 9,375 square- foot lot is zoned G-RO-3, which allows for a variety of residential uses with a maximum building height of three stories.
I am happy to have assisted this dentist in selling his office building to fund his retirement. This redevelopment site offered the purchaser a rare opportunity to acquire one of the larger remaining developable parcels in the desirable City Park West neighborhood.Brandon Gayeski, Director
About Blue West Capital
Blue West Capital is a net lease real estate investment advisory firm focused on the acquisition and disposition of single-tenant net leased properties, retail shopping centers, and commercial investment properties nationwide. We are a team of commercial real estate experts committed to helping our clients achieve their investment goals through a combination of exceptional client communication, professional collaboration, and individual experience. Blue West Capital is headquartered in Denver, CO.
For additional information, please visit www.BlueWestCapital.com.
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