DENVER-Front Range Christian School Inc. has shelled out $465,000 for 5.76 acres on Denver’s southwest corridor situated in Jefferson County. Boston Commercial Properties LLC, a local syndicate, has sold the land at S. Pierce Street and W. Coal Mine Road to the school, broker Jeff Roemer tells GlobeSt.com.

He says the school’s purchase includes five lots, four of which are contiguous. One of two Fuller and Co. brokers who handled the transaction, Roemer says the four abutting acres will be used for ball fields. “They don’t need the other acre, but we required them to purchase it as part of the deal.”. That parcel, zoned for offices, will be sold.

According to Roemer, the school also plans to buy the former Cooper 7 theater located across from the ball field site.

Former movie houses represent some of the most difficult properties to sell as alternative uses. The school plans to retrofit the structure into classrooms, gymnasium and space for school activities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.