The building at 2019 Stout St. has sold at least five times since 2008, been foreclosed on once, and currently isn\u2019t much more than four walls and a roof. <\/p>\n
\u201cIt\u2019s basically a shell, they acquired a shell. It doesn\u2019t have electrical, it doesn\u2019t have plumbing,\u201d said Matt Call of NavPoint Real Estate. <\/p>\n
The latest sale of the 12,000-square-foot building on the edge of downtown Denver happened earlier this month, when records show Bernard Faraone paid $975,000, or $83 per square foot, to buy the property from Beacon Church. <\/p>\n
Around the same time, Faraone\u2019s architect at M Moser Associates submitted plans to the city proposing to turn the one-story, 92-year-old brick building into a nightclub and restaurant space. <\/p>\n
Farone did not respond to a request for comment. Neither did the church, which operates in Uptown at 1615 N. Ogden St. <\/p>\n
The plans call for three-pronged redevelopment of the space, which would be called Chapter. The main level would hold a 5,500-square-foot restaurant, while the 6,200-square-foot basement would house a club. A rooftop space also would be added.<\/p>\n
Both the basement and main level have 14-foot ceilings with a \u201craw and industrial\u201d feel, according to Call, who represented the church in the sale this month.<\/p>\n
\u201cI don\u2019t know the last time someone operated there,\u201d he said. <\/p>\n
The church purchased the property in 2021 for $1.5 million, according to public records. Pastor CB Barthlow told Denverite in 2023 that the organization hoped to fix up and operate in the building, but ultimately determined that was too costly.<\/p>\n
The building still bears the name of Carson Press, a onetime occupant that published guides and books about Denver\u2019s early growth around the turn of the 20th century.<\/p>\n