Mile High Comics, the comic book back issue dealer supreme, is selling its Colorado warehouse. And its owner Chuck Rozanski puts it down to the legal marijuana economy increasing property prices so much.
After owning the building for 29 years, Rozanski has recently discovered the listing price of the building as almost $1.6 million. Which is even more than a copy of Acton Comics #1 would sell for.
He has told customers that Mile High Comics owns "two huge warehouses filled with comics and books. By pure happenstance, both of our buildings are legally zoned for commercial pot-growing operations. Buildings with that zoning here in Colorado have exploded in value over the past 48 months, more than doubling in market value. While pot growers still cannot legally open bank accounts, they have become the most active buyers of commercial warehouse buildings in Denver, usually showing up with sacks of cash."
Legal marijuana growth can only occur indoors, so building like this in such a zoned area are quite attractive now…
Which gives Chuck just the reason he needs to launch a new sale to help the relocation to a new warehouse a little easier.