Religious Building Conversion To Residential Use Planned
GREENWOOD VILLAGE, CO – October 22, 2015 – REC President, James A. Hopkins, reports another sale that transfers ownership of a historic religious building to a local developer with plans to convert the space to residential units in Denver, Colorado. REC Vice President, Alexander F. Becker, managed the purchase on behalf of the buyer, 572 PENNSYLVANIA, LLC, with details of this purchase agreement listed below:
- Seller: GPM, LLC
- Address: 572 Pennsylvania Street, Denver, CO
- Description: 6,884 gross square feet
572 Pennsylvania was previously a greek orthodox church constructed in 1933 and situated in Denver’s Capitol Hill community on the southeast corner of 6th Avenue and
Pennsylvania Street. Capitol Hill presents a picturesque neighborhood featuring historic locations such as the Keating Mansion, Marne Castle, Croke-Patterson Mansion and Crawford-Hill Mansion. In a continual effort to meet the growing needs of the local community, over the more recent years other such buildings have been converted to bed and breakfasts, professional buildings and apartment homes making the plans for 572 Pennsylvania an excellent fit.
Alexander F. Becker is Vice President and partner at Real Estate Consultants of Colorado, LLC. Alex oversees strategy, implementation and management of REC’s premier buyer/tenant representation program as well as meeting the transactional needs of multiple client requirements.
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