Listed by CBRE - Denver Downtown
$2,995,000
The Lumber Baron Inn & Gardens
Details
APN 02291-02-006-000
Property Type Business for Sale, Hospitality
Sub Type Hotel, Business and Building
Square Footage 9,700
Units 5
Beds 5
Pro-Forma Cap Rate 10.02%
Pro-Forma NOI $300,000
Price per SqFt $309
Broker Co-Op Yes
Class A
Year Built 1890
Year Renovated 1995
Buildings 1
Stories 3
Acreage 0.320
Zoning PUD
Investment Type Value Add
Income‑producing B&B and event venue in Denver Highlands with 5 suites and 150+ guest capacity
Marketing description
The Lumber Baron Inn & Garden is a historic three‑story Victorian mansion located at 2555 W 37th Ave in Denver’s Potter‑Highlands neighborhood. Built in 1890 and restored to its original floor plan, the 9,700 SF property operates as a boutique bed & breakfast, wedding venue, and event center.
Situated on a 0.32‑acre corner lot, the estate includes five luxury guest suites with private baths, multiple hospitality areas, a full commercial kitchen, landscaped gardens, and a third‑floor ballroom capable of hosting 150+ guests.
The property supports multiple exit strategies, including owner‑occupied live‑work, private residence, event venue or continued boutique hospitality operations.
Investment highlights
- Income‑producing B&B and event center with five luxury guest suites, each with a private bath
- Historic 9,700 SF Victorian mansion (built 1890) on a 0.32‑acre corner lot in Denver’s Highlands/Potter‑Highlands neighborhood
- Third‑level private ballroom with restrooms, proven to host events of 150+ guests
- Full commercial kitchen supporting weddings, catered events, private dinners, and high‑capacity service
- Outdoor courtyard and intimate gardens accommodating 150+ guests with dedicated wedding ceremony space
- Live‑work opportunity via renovated basement apartment for an onsite owner/operator
- Transferable cabaret liquor license supporting enhanced food‑and‑beverage revenue streams
Listing Contacts
Listed by CBRE - Denver Downtown
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