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July 6, 2023

Cap Hill landmark could be yours

Acting as its own builder, SRM Development broke ground about a year ago on its two apartment buildings to flank the landmarked Knights of Columbus hall, near the Pike-Pine corridor on Capitol Hill. Runberg Architecture Group is the designer. The 178-unit Gridline apartments, north and west, should be done in the fourth quarter of this year, says SRM. But what about the century-old former fraternal hall in the middle? The over century-old building, with some 29,386 square feet, is now on the market. The listing popped up in recent weeks from Kidder Mathews, with Steve Pelluer as the broker. The building, which is apparently turnkey-ready, could be sold — with an asking price of nearly $10 million — or leased by the right tenant. It's very much a specialty offering, with “two large ballrooms, a full bar, kitchen, bowling alley, former spa and pool area, gymnasium and locker room,” per the listing.




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