Pinnacle Announces the Sale of Armida’s

Pinnacle Real Estate Advisors, LLC is pleased to announce the sale of 840 Lincoln Street located in Denver, CO. The 3,671 square foot restaurant building sold for $1,525,000 or $415 per square foot. Peter Peluso, Vice President, represented the seller in the transaction.

 

“After almost 3 decades of operating the famed karaoke bar, Armida’s, the family decided it was finally time to retire. Armida’s became an institution in the Capital Hill neighborhood serving up Karaoke like none other. I was surprised by the level of outreach we had from their loyal patrons through the marketing process and am grateful for being able to play a small part in the transition of this legacy.” Stated Peluso

 

For more information, please contact Peter Peluso.