A nearly 120-year-old classically designed building in Denver is being listed for sale, with a $2.6 million price tag reflecting a continuing increase is the price of downtown property.
The 7,000 square-foot structure is located at 1529 Champa Street and currently houses the Cheba Hut subway sandwich store on its ground level. The second story is comprised of a unique business called Escape Room Denver, an interactive adult-sized maze amusement venue.
Built in 1907, the brick structure is categorized as a Class C building and sits on a well under half-acre site on a block populated primarily with restaurants of varying sizes.
The building has formerly been the home to a coffee shop and computer café, and in its early decades provided space for the Coupon Western School of Estimating.
Listed for sale with the Denver offices of CBRE, the building’s asking price reflects a larger Denver trend with the average commercial property sale in 2021 coming in at just over $2.4 million, compared to $1.3 million for the rest of Colorado.
By Garry Boulard
