Pinnacle Real Estate Advisors, LLC is proud to announce the successful sale of a prominent 14,871-square-foot mixed-use property located at 1229-1235 South Broadway, Denver, Colorado, for a transaction value of $4,325,000, equating to $290.83 per square foot. This dynamic property, set in one of South Broadway’s most active and sought-after corridors, offers extensive possibilities for future tenants, merging historical charm with contemporary upgrades. Peter Sengelmann, Vice President at Pinnacle Real Estate Advisors, represented the seller, Revesco Properties, in the transaction.

Originally acquired by Revesco Properties in 2017, the property has a storied past as a former antique store. Recognizing its potential, the seller embarked on a comprehensive renovation, transforming the space while carefully preserving select original features. The property was gutted down to the studs, allowing for a complete reimagining of its design. With modern enhancements that meet the needs of today’s tenants, the property now combines unique historical elements with a fresh, inviting aesthetic that appeals to a diverse range of users.

“This property occupies an exceptional location within South Broadway, an area that continues to attract a vibrant mix of businesses, residents, and visitors,” noted Sengelmann. “The seller’s vision and dedication to revitalizing this property have positioned it perfectly to serve as an anchor in this exciting neighborhood. I am thrilled we were able to see this transaction through to completion and help our client achieve their goals.”

Pinnacle Real Estate Advisors continues to leverage its deep expertise in the Denver market, facilitating high-value transactions for clients like Revesco Properties and further contributing to the area’s ongoing growth and revitalization.