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New Owner For Two Churches

Two adjacent church buildings in West Highland have a new owner, Paul Tamburello.  He is a Denver developer who has become more known for his ice cream company in recent years.  Last week he purchased the churches at 3401 W. 29th Ave. and 2945 N. Julian St.  Search homes for sale flying horse Colorado Springs, CO here: http://www.rehava.com

The Structures Are Separated by an Alley

“They’re just two really beautiful buildings that need to be preserved.   And I think repurposed in the most creative way to be a community asset,” Tamburello told BusinessDen. “What that means is yet to be figured out, and a conversation with the community.”

The purchases consisted of the 9,427-square-foot church along 29th Avenue is the older of the two, dating to 1890. Tamburello, acting through an LLC, paid $935,000 for that one.  That’s according to public records.  He paid $820,000 for the other 7,941-square-foot structure, which dates to 1955.

Both churches were sold by The Presbytery of Denver.   They are part of the largest Presbyterian denomination in the country, Presbyterian Church (USA).

No Congregation Recently

NAI Shames Makovsky brokers Todd Snyder and Joey Gargotto represented the sellers. Snyder said neither building has housed a congregation recently.   Although there has been some use as retail or office space.

The local church group “felt like it was a good time to be a seller,” Snyder said.

The preservation of the buildings were not really in doubt. Both are within the Allen A.M. Ghost Historic District.  That means sizable changes to the exterior will require approval by the city’s Landmark Preservation Commission. Tamburello said he’s not looking to expand the footprint of the buildings.

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