Pinnacle Real Estate Advisors, LLC, is pleased to announce the sale of 1725 West Mississippi Avenue in Denver, Colorado. The 1,970 SF former bank building on a 25,000 SF lot sold for $380,000 on March 24th, 2016. Justin Krieger, Senior Advisor at Pinnacle Real Estate Advisors, represented the buyer, and Scott Churchley at CRESA represented the seller.

“My client was under contract to purchase the adjacent property when we noticed that the bank had recently vacated. I called the seller, Westerra Credit Union, and found out that they had just listed the property. We immediately made a cash offer and closed quickly, and my clients plan to lease the property in the short-term and combine it with the adjacent property and redevelop the entire site in the long-term.” said Justin Krieger at Pinnacle Real Estate Advisors.