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Blue Parrot building sells and will be divided for smaller retail tenants

Buyers who paid $2.57 million say the first tenant will be Tilt arcade

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The Blue Parrot restaurant, one of Louisville's oldest and most popular restaurants.
Helen H. Richardson, The Denver Post
The Blue Parrot restaurant, one of Louisville's oldest and most popular restaurants.

The iconic Blue Parrot restaurant property has sold to a pair of Louisville investors who plan to divide the huge building for smaller retail tenants.

The its doors last month.

Greg Maring and Mark Oberholzer of 1882 Ventures LLC acquired the property and said they could divide the building into three or four restaurant or retail spaces and have already lined up the Tilt arcade bar as their first tenant. 1882 Ventures  paid $.2.42 million for the Blue Parrot building and parking lots to the east and threw in another $150,000 for the fixtures, according to city documents.

“Right now we are talking to a bunch of different people,” Oberholzer said of which restaurants or shops are planned for the building. “In general, what we’re trying to do with the space is have two or three businesses that will work really well together, not just a restaurant that will pay us the highest rent.

“We both live in this town and want to make sure the businesses all complement each other,” he added.

The company’s Facebook page and website feature a survey asking residents what types of businesses they would like to see.

Tilt  will occupy half of the building’s basement. It operated on nearby Front Street until last summer, offering games, pool table tennis and pinball.

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