Portfolio of Historic Residential and Commercial Properties Up for Sale in Denver

A unique collection of four separate properties, totaling more than 65, 400 square feet, is on the market in downtown Denver with an asking price of $24 million.

The properties are located in the 1200 block of E. Colfax Avenue, and the adjacent 1400 block of Lafayette Street, with the individual square footage running from just under 6,100 square feet to nearly 44,000 square feet.

The largest structure in the package is the Alta Court, at 1490 Lafayette Street, a historic three-story structure designated as a Class C building. The Italian Renaissance Revival structure was completed in 1902 and has always housed apartments.

Next largest, at 1234 E. Colfax, is the Rosenstock Place. Designated as a Class B structure, the 15,600-square -oot building was completed in 1918 and thoroughly renovated in 2001. Formerly the home to the city’s popular Rosenstock Books, the building’s exterior is characterized by its white glazed bricks and terra cotta. For decades the three-story building featured commercial space on its ground level and both office and residential space above.

Built adjacent to the Rosenstock building is the next property in the package: a one-story, 6,000-square-foot structure at 1244 East Colfax that in the last several decades has served as a fitness center. Built in 1915, the structure is designated as a Class C building.

The final property in the package is an undeveloped site in the 1400 block of Lafayette Street measuring just over 21,400 square feet. The property currently serves as a parking lot.

The unusual collection of properties, all located in the city’s historic Capitol Hill neighborhood, is being listed by the Denver-based real estate firm of Northpeak Commercial Advisors.

By Garry Boulard

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