Dispensary buys former South Broadway firehouse for $3M

P6290767 scaled

The former fire station at 600 S. Broadway in Denver was built in 1890. (Tre Spencer/BusinessDen)

A local dispensary has bought a piece of the city’s history.

Wellness Center of the Rockies, also known as The Center, recently purchased a former firehouse at 600 S. Broadway for $3 million.

The seller, Firehouse Thirteen LLC, purchased the property for $300,000 in 2000, property records show. 

The 5,360-square-foot building was built in 1890 and was formerly the town of South Denver’s firehouse before becoming Denver’s 13th firehouse in 1900. It remained in service for 70 years before being converted to office space in the 1970s, according to listing information.

Joe Awad of Henry Group Real Estate worked with the seller and closed the deal on June 20 while Shannon Bustos of A&N Real Estate represented the buyer. 

Awad said the property has been recently renovated and was on the market under a month before the purchase. 

“It was actually a negotiable kind of deal,” he said. “It was listed for lease and then we got approached by the group who wanted to just buy it. We gave them a price and they agreed and we sold it for $3 million.”

The list lease price had been $21 a square foot.

Wellness Center was founded in 2013 and is located at 6853 Leetsdale Drive. It will be moving its operations to the new space, according to the seller. Dispensary ownership did not respond to requests for comment. 

P6290767 scaled

The former fire station at 600 S. Broadway in Denver was built in 1890. (Tre Spencer/BusinessDen)

A local dispensary has bought a piece of the city’s history.

Wellness Center of the Rockies, also known as The Center, recently purchased a former firehouse at 600 S. Broadway for $3 million.

The seller, Firehouse Thirteen LLC, purchased the property for $300,000 in 2000, property records show. 

The 5,360-square-foot building was built in 1890 and was formerly the town of South Denver’s firehouse before becoming Denver’s 13th firehouse in 1900. It remained in service for 70 years before being converted to office space in the 1970s, according to listing information.

Joe Awad of Henry Group Real Estate worked with the seller and closed the deal on June 20 while Shannon Bustos of A&N Real Estate represented the buyer. 

Awad said the property has been recently renovated and was on the market under a month before the purchase. 

“It was actually a negotiable kind of deal,” he said. “It was listed for lease and then we got approached by the group who wanted to just buy it. We gave them a price and they agreed and we sold it for $3 million.”

The list lease price had been $21 a square foot.

Wellness Center was founded in 2013 and is located at 6853 Leetsdale Drive. It will be moving its operations to the new space, according to the seller. Dispensary ownership did not respond to requests for comment. 

This story is for our paid subscribers only. Please become one of the thousands of BusinessDen members today!

Your subscription has expired. Renew now by choosing a subscription below!

For more informaiton, head over to your profile.

Profile


SUBSCRIBE NOW

 — 

 — 

 — 

TERMS OF SERVICE:

ALL MEMBERSHIPS RENEW AUTOMATICALLY. YOU WILL BE CHARGED FOR A 1 YEAR MEMBERSHIP RENEWAL AT THE RATE IN EFFECT AT THAT TIME UNLESS YOU CANCEL YOUR MEMBERSHIP BY LOGGING IN OR BY CONTACTING [email protected].

ALL CHARGES FOR MONTHLY OR ANNUAL MEMBERSHIPS ARE NONREFUNDABLE.

EACH MEMBERSHIP WILL ONLY FUNCTION ON UP TO 3 MACHINES. ACCOUNTS ABUSING THAT LIMIT WILL BE DISCONTINUED.

FOR ASSISTANCE WITH YOUR MEMBERSHIP PLEASE EMAIL [email protected]




Return to Homepage

Comments are closed.