Danny Newman is back to buying historic buildings.
After taking time off from adding unusual real estate to his portfolio, the tech entrepreneur bought the former home of St. Paul United Methodist Church in Uptown.
United Methodist Church listed the 11,000-square-foot, two-story church and its small adjacent parking lot at 1615 N. Ogden St. for sale earlier this year, going under contract in June. The church sits at the corner of Ogden Street and 16th Avenue on about one-third of an acre in the Swallow Hill Historic District.
Acting as Swallow Hill Church LLC, Newman last week bought the 114-year-old church for $1.4 million, public records show.
St. Paul United Methodist Church, which was founded in Colorado in 1860, built the Ogden Street church in 1910, and resided there for 106 years. In 2016, the church closed due to its dwindling congregation.
The building has not sat unoccupied for eight years, however, as several nonprofits called it home before another Methodist congregation, Belong Church, moved in and began using the property for services. Michelle Glass, real estate broker for the church, told BusinessDen in June that Belong planned to move in with another congregation.
Newman did not respond to requests for comment from BusinessDen this week. But he has a history of preserving Denver institutions.
In 2017, Newman bought My Brother’s Bar, the city’s oldest bar, at 2376 15th St. He paid $2.5 million for the top five floors of downtown’s Daniel & Fisher Tower in 2020 and $2 million to buy Mercury Cafe in 2021. His other real estate holdings include a former auto body shop turned food truck park on West Colfax Avenue and another former church south of Cap Hill.
Newman founded location-based advertising firm Roximity, which sold in 2016 to Verve. Newman is now the founder and CEO of Switchboard, an automated phone system for restaurants that was inspired by the near-unmanageable number of calls at My Brother’s Bar.
Danny Newman is back to buying historic buildings.
After taking time off from adding unusual real estate to his portfolio, the tech entrepreneur bought the former home of St. Paul United Methodist Church in Uptown.
United Methodist Church listed the 11,000-square-foot, two-story church and its small adjacent parking lot at 1615 N. Ogden St. for sale earlier this year, going under contract in June. The church sits at the corner of Ogden Street and 16th Avenue on about one-third of an acre in the Swallow Hill Historic District.
Acting as Swallow Hill Church LLC, Newman last week bought the 114-year-old church for $1.4 million, public records show.
St. Paul United Methodist Church, which was founded in Colorado in 1860, built the Ogden Street church in 1910, and resided there for 106 years. In 2016, the church closed due to its dwindling congregation.
The building has not sat unoccupied for eight years, however, as several nonprofits called it home before another Methodist congregation, Belong Church, moved in and began using the property for services. Michelle Glass, real estate broker for the church, told BusinessDen in June that Belong planned to move in with another congregation.
Newman did not respond to requests for comment from BusinessDen this week. But he has a history of preserving Denver institutions.
In 2017, Newman bought My Brother’s Bar, the city’s oldest bar, at 2376 15th St. He paid $2.5 million for the top five floors of downtown’s Daniel & Fisher Tower in 2020 and $2 million to buy Mercury Cafe in 2021. His other real estate holdings include a former auto body shop turned food truck park on West Colfax Avenue and another former church south of Cap Hill.
Newman founded location-based advertising firm Roximity, which sold in 2016 to Verve. Newman is now the founder and CEO of Switchboard, an automated phone system for restaurants that was inspired by the near-unmanageable number of calls at My Brother’s Bar.