Pinnacle Announces Sale of Central Denver Restaurant

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 709 W 8th Ave Denver, CO. The 1,500 square foot office building sold for $585,000 or $390 per square foot. Carlos Valencia Advisor of Pinnacle Real Estate Advisors represented both the Buyer and Seller in the transaction.

“A local owner occupant 709 W Eighth Ave LLC purchased the property to expand their restaurant portfolio. The Buyer intends to use the 709 W 8th Ave as an owner-occupied restaurant location. The property met all of the buyers’ needs but will go through some improvements with new ownership,” stated Carlos Valencia.