Second Cherry Creek gateway corner sells for $3M

Second Cherry Creek gateway corner sells for $3M

Doug McKinnon has sold another of his Cherry Creek gateway corners. The owner of real estate firm McKinnon & Associates last week sold 55-65 S. Colorado Blvd., two parcels that form the northwest corner of Colorado and Bayaud Avenue, for $3.2 million, according to public records. The undeveloped site is 0.38 acres, so the deal works out to $191 a square foot. McKinnon said the local buyer “will be utilizing the G-RO-5 zoning we put in place to d…