A neighborhood dispensary has purchased a bit of the town’s historical past.
Wellness Middle of the Rockies, also called The Middle, not too long ago bought a former firehouse at 600 S. Broadway for $3 million.
The vendor, Firehouse 13 LLC, bought the property for $300,000 in 2000, property data present.
The 5,360-square-foot constructing was inbuilt 1890 and was previously the city of South Denver’s firehouse earlier than changing into Denver’s thirteenth firehouse in 1900. It remained in service for 70 years earlier than being transformed to workplace house within the Nineteen Seventies, in response to itemizing info.
Joe Awad of Henry Group Actual Property labored with the vendor and closed the deal on June 20 whereas Shannon Bustos of A&N Actual Property represented the customer.
Awad stated the property has been not too long ago renovated and was available on the market beneath a month earlier than the acquisition.
“It was really a negotiable type of deal,” he stated. “It was listed for lease after which we obtained approached by the group who wished to simply purchase it. We gave them a worth and so they agreed and we offered it for $3 million.”
The listing lease worth had been $21 a sq. foot.
Wellness Middle was based in 2013 and is positioned at 6853 Leetsdale Drive. It will likely be transferring its operations to the brand new house, in response to the vendor. Dispensary possession didn’t reply to requests for remark.
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This story was reported by our companion BusinessDen.