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Unique Properties Sells Former Red Rocks Chapel for $413/SF

Posted by Unique Properties News Team on October 3, 2019
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Gannon Roth of Unique Properties was awarded the exclusive listing of the property and represented the Seller to a quick and successful close

former-red-rocks-chapel

Denver, CO  (October 3, 2019) — Unique Properties, Inc. / TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 905 Bear Creek Ave, Morrison, CO 80465 for $1,190,000 ($413.19/SF).

The 2,880 SF building with a stunning backdrop showcasing unimpeded views of the famous Red Rock Amphitheater, situated on an equally picturesque 33,542 SF lot, was purpose-built in 1991 as The Chapel at Red Rocks hosting countless weddings and memorial services over the years.

The Sellers purchased the property in early 2018 as a 2nd retail location for their specialty running supplies business out of Golden, Co. This required a re-zoning through the Town of Morrison permitting new uses including retail, professional offices, and residential in addition to the restrictive prior agricultural zoning with special-use designation as a for-profit chapel.  The Sellers proceeded with significant updating and remodeling following their purchase as well. With the new zoning and first-class improvements to the property it was attractive to a surprisingly wide variety of potential investor and user-owner buyers.  Numerous and immediate showings led to multiple offers, of which the Sellers ultimately decided to proceed with an experienced and local Buyer who represented himself in the transaction.

Investment Highlights

  • Beautiful Building Originally Constructed in 1991 as the Chapel at Red Rock – Large Windows Showcasing Red Rocks Right Next Door!
  • Beautiful Outdoor Areas Including a Large Patio and Picturesque Pond
  • Heavily Remodeled in 2018 including: New HVAC throughout, New Flooring throughout, Addition of a Kitchenette on Lower Level, LED Lighting on Main Level, New Paint Throughout, and
  • Remodeled Bathrooms including One ADA Conversion.
  • Recently Re-Zoned to Allow for More Commercial Uses as well as Residential 

To schedule an interview regarding this transaction, please contact:

Gannon Roth at 720.881.6334 | groth@uniqueprop.com

Location

Investment Highlights

  • Beautiful Building Originally Constructed in 1991 as the Chapel at Red Rock – Large Windows Showcasing Red Rocks Right Next Door!
  • Beautiful Outdoor Areas Including a Large Patio and Picturesque Pond
  • Heavily Remodeled in 2018 including: New HVAC throughout, New Flooring throughout, Addition of a Kitchenette on Lower Level, LED Lighting on Main Level, New Paint Throughout, and
  • Remodeled Bathrooms including One ADA Conversion.
  • Recently Re-Zoned to Allow for More Commercial Uses as well as Residential 
  • Read more about the former Chapel at Red Rocks here

About Unique Properties, Inc. / TCN Worldwide

Unique Properties, Inc. / TCN Worldwide is Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, providing solutions for a full range of property types including office, industrial, retail, land and multifamily. Unique Properties, Inc. provides clients with local know-how on a global scale through our association with TCN Worldwide, an affiliation of independent real estate firms in more than 200 markets with 62 offices in eight countries, throughout in North and South America, Europe, and Asia. The combination of Unique Properties’ global resources, creative solutions, experience, and strong leadership has resulted in production volume locally of over 300 commercial real estate transaction in 2016. We have been operating successfully for over 40 years and are acknowledged as an industry leader, providing services at the caliber of a global leader while maintaining the personal attention of a focused, privately owned firm committed to trust and excellence. For more information about the services provided by Unique Properties, Inc. / TCN Worldwide, please visit uniqueprop.com.

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