For the first time in over a century, a legacy East Colfax retail property has changed hands.
The 4-tenant building is home to Lion’s Lair (one of Denver’s most iconic dive bars), High Level Health, Aladdin Liquors, and End of Days Tattoo. The $1.6 million sale, approximately $145 per square foot, marks the end of a 100+ year hold by Lampert-Schiff Partnership LLP.
The buyer, Golden Plaza LLC, is tied to Joginder Singh of Commerce City, who appears to also operate East Tin Cup Market in Golden. No redevelopment activity has been filed, and all signs point to a local buyer keeping the property intact, at least for now.
Michael DeSantis, Hudson Cramer, and Brett MacDougal of Unique Properties represented both sides of the transaction, closing the deal in just 30 days. A rare feat for a rare property.
On a corridor constantly reimagined, this stretch of Colfax looks like it’s staying put, aside from the looming BRT, of course.