Denver’s patrons seemed to be hit particularly hard over the past year and a half, and now 40-year-old Annie’s sees herself as one of the venues facing redevelopment.
Annie’s Cafe & Bar, which opened on Colorado Boulevard in 1981 and moved to East Colfax Avenue in 2008, offers an all-day breakfast in a time capsule setting filled with collectibles and memorabilia. In the summer, the business celebrated its 40th anniversary.
Although the cafe is still open, the building is for sale at the corner of Colfax and St. Paul Streets. Denverit was the first to report this Thursday.
But owner Annie Peggy Anderson says she hopes to continue working at the cafe for years to come. She runs it with her sister Mary Meggitt. However, they do not own the building; he is in the family foundation all the time Annie works.
“We had a penchant (that it would go on sale), but we didn’t know for sure,” Anderson told The Denver Post on Thursday. “I think that if there is a suitable buyer, we can come up with something. It would be nice if we could get an acceptable rental. ”
The property was valued at $ 945,300, although the current listing price is not listed. It includes a 5,578 square foot building and 19 parking spaces and is available for purchase or rent.
“The dense living space and strong retail business make this restaurant a great place for a restaurant and bar or an ideal option for refurbishment,” says an ad from Sanborn and Company.
“We will consider either one option: selling the building, or a well-qualified tenant who will lease it,” Sean Sanborn told real estate agency The Denver Post on Thursday. He added that Annie still has the option to sign a new lease “that makes sense for both parties.”
Annie’s is simply the latest restaurant to be at risk in a string of pandemic-era closings, including Tom’s Diner, Denver Diner and Racines.
Tom’s was the first to leave in 2019, although it faces no demolition following an agreement with longtime owner Tom Messina and developer GBX Group.
The closed-door Denver Diner on West Colfax Avenue was sold to JP Morgan Chase last week, which will transform this longtime Denver restaurant into a bank branch.
At the end of October, the demolition of the property previously occupied by Racines began. This building on East 7th Avenue and Sherman Street was sold to a developer in 2020, although the sale had nothing to do with COVID-19. Racines owners Lee Goodfriend and David Racine are ready to retire, they said. They also proved to be an important part of Annie’s story.
In 2008, Goodfriend and Racine transferred their original Goodfriends restaurant in East Colfax to Anderson, who was looking for a new home for Annie’s Cafe when his first establishment was sold for redevelopment. The plan was to build a Marriott Residence Inn on the site, which halted during the recession and never materialized.
“If we can’t get a good lease, then we may need to try again to find another place,” Anderson said Thursday.
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