Pinnacle Announces the Sale of 2626 E Colfax Avenue
Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 2626 East Colfax Avenue in Denver, CO. The 2,329 square foot vacant building sold for $745,000 or $320 per square foot to an owner/user. Robert Edwards and Tom Ethington, Principals, represented the seller in the transaction.
“This is the second time we helped The Wag Shop with their real estate needs. The first time was in 2011 when we represented them in the purchase the property. At that time they had outgrown their space on 6th Avenue and wanted to be an owner/user. We enjoyed keeping in touch and watching their business flourish in their new location throughout the years,” stated Edwards. “We were quick to help when we got the call about how their business plan had changed from brick and mortar retail to high-end mobile grooming vans. We received a lot of investor and owner/user interest throughout our exclusive listing. Everyone loved the hard corner location, large monument sign, being across the street from East High School, and the six off-street parking spaces. The location was perfect for The Wag Shop and will be perfect for the physical therapist owner/user as well. The deal was a win-win for both buyer and seller.”