Denver · Commercial sale
Adio Palace buys 216 16th St in Denver for $3.63 million
A commercial property at 216 16th St, Denver sold for $3,630,800 on August 21, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $3,630,800
- Sold
- August 21, 2026
- Property type
- Commercial property
- Lot size
- 15,452 sq ft
A commercial property at 216 16th St in Denver sold for $3,630,800 on August 21, 2026, according to the Denver Assessor's sales records. The sale price falls short of the market value on record of $3,863,000.
Terra Funding - Denver LLC sold the property to Adio Palace LLC, according to the deed.
The Assessor's records show the lot spans 15,452 square feet.
What this sale costs to close
What does closing cost at this price? Under Denver County custom the seller's larger charges are $8,486.60 for the owner's title insurance policy and $350 for the settlement / closing fee. The seller's estimated net is $3,610,325 before brokerage commissions and any loan payoff. A cash buyer would need about $3,619,964 at closing.
Source: Denver Assessor, real property sales and transfers, document 2026098879. Property details: Denver County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
