A small RiNo constructing that homes a enterprise renting apply house to bands has bought.
2711 Larimer St LLC bought the constructing at that tackle final week for $1.67 million, in line with public information.
The constructing is 3,912 sq. ft, in line with property information, which makes the deal value $427 a sq. foot. It sits on a 3,131-square-foot lot.
RocketSpace, which operates within the constructing, rents rooms on an hourly foundation 24 hours a day. The rooms are stocked with a drum package, amp and microphones, in line with the corporate’s web site.
The property was bought by RocketSpace LLC, which bought it in January 2012 for $200,000.
Kate Innes, who has beforehand been recognized as RocketSpace’s proprietor and signed the gross sales paperwork on behalf of RocketSpace LLC, mentioned in an electronic mail that “the constructing itself has been bought however I’m nonetheless concerned and RocketSpace carries on as traditional.” She didn’t reply to additional questions.
As for the customer, Gwen Campbell signed mortgage paperwork related to the sale, itemizing herself as a member of 2711 Larimer LLC. She owns music venues Larimer Lounge, which is on the identical block as RocketSpace, in addition to Globe Corridor in Globeville and Misplaced Lake Lounge alongside Colfax Avenue in Congress Park. Campbell didn’t reply to a request for remark.
RocketSpace beforehand had a second location, at 1940 S. Broadway. However Innes bought that property in April 2020 for $680,000, information present, after shopping for it for $555,000 in 2015.