Pinnacle Announces Sale of a Mix-Use Property in Central Denver

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 1279 Marion Street located in Denver, Colorado. This mixed-use property is approximately 2,640 square feet and has 2 apartment units and a coffee shop. The building is located in Capitol Hill within walking distance of numerous shops and restaurants. The property sold on January 19, 2016 for $725,000 or $275 per square foot.  Peter Sengelmann, Jeff Johnson, and Matt Ritter with the Johnson Ritter Team, assisted the seller and buyer in the transaction.

“The sellers had owned the property for over 10 years and were ready to move on to a new chapter of their life. We were happy to help them find a buyer who will do great things with the subject asset,” stated Peter Sengelmann, advisor at Pinnacle Real Estate Advisors.