On the Market: 5 Interesting Listings for February

This month’s listings include a church in Chicago, a medical office close to Denver and an office building designed in Spanish Colonial style located in Scottsdale, Ariz.

On the Market is a monthly department curating the most interesting recent for-sale CRE assets for less than $10 million. If you have a commercial real estate asset that you’d like to share with our readers, please email it to Associate Editor Roxana Baiceanu.

4850-54 N. Bernard St., Chicago
4850-54 N. Bernard St., Chicago

4850-54 N. Bernard St.

Location: Chicago

Price: $5.6 million

Building Size: 40,000 square feet

Property type: Adaptive reuse/Office

Highlights: a three-story Albany Style church, which can be transformed into an office building; completed in 1929; has three entryways with an arch design; the building already features several meeting rooms, high ceilings and golden crown moldings; four sets of stair cases enable interior access between buildings.

Contact: Century 21 Affiliated


8787 E. Pinnacle Peak Road, Scottsdale, Ariz.
8787 E. Pinnacle Peak Road, Scottsdale, Ariz.

Alamos Building

Location: 8787 E. Pinnacle Peak Road, Scottsdale, Ariz.

Price: $3.7 million

Building size: 21,731 square feet

Property type: Office

Highlights: A two-story building designed in Spanish Colonial style, completed in 1985 and upgraded in 2013; offers views of McDowell Mountain; surrounded by a landscaped, gated courtyard; architectural features include a decorative fountain within the courtyard, open air walkways, decorative columns and Saltillo tile; 91 parking spaces of which 30 are covered; proximity to restaurants and grocery stores.

Contact: Philip Wurth (480-655-3310) and Michael Milic (602-222-5050) of Colliers International


435 Blue Hill Ave., Boston
435 Blue Hill Ave., Boston

435 Blue Hill Ave.

Location: Boston

Price: $4.4 million

Building size: approx. 20,000 square feet

Property type: Office

Highlights: A four-story building located on a visible corner in Boston’s Dorchester neighborhood; completely renovated in 2008; features ground floor retail space and 18 parking spaces.

Contact: Jason Weissman and Kevin Benzinger of Boston Realty Advisors


Elk Crossing

Location: 1189 S. Perry St., Castle Rock, Colo.

Price: $3.5 million

Rentable building area: 15,234 square feet

Property type: Medical office

Highlights: A two-story building part of the Elk Crossing Business Center; completed in 2004; shares more than 200 parking spaces with the other two venues part of the complex.

Contact: Corey Sandberg of Pinnacle Real Estate Advisors (303-962-9555)


16920 Lincoln Ave., Parker, Colo.
16920 Lincoln Ave., Parker, Colo.

16920 Lincoln Ave.

Location: Parker, Colo.

Price: $9.2 million

Building size: 16,500 square feet

Property type: Retail

Highlights: Completed in 2017, the property is leased to CVS Health on a 25-year contract.

Contact: Justin Brochman (303-962-9553) and Jules Hochman (303-962-9553) of Pinnacle Real Estate Advisors


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