Lake Steam Baths on West Colfax, open since 1927, sells for $2M

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Lake Steam Baths on West Colfax, open since 1927, sells for $2M
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A Russian bathhouse that has operated along West Colfax Avenue since 1927 has been sold by the family that founded it. Lake Steam Baths will remain open for a time before the new owners will develop the property.

Scott Kilkenny, registered agent for the purchasing entity, and a broker representing the buyer didn’t respond to a request for comment Monday. No redevelopment plans have been submitted to the city for the property.

The sale paperwork was signed by Amy Hyman, who took over the business in 2015 when her husband Hannon died. Hannon’s grandparents, Ethyl and Harry, started the business in 1927, catering to Jews who lived and worked on the west side of Denver. In May 2020, two months into the coronavirus pandemic, Hyman spoke to BusinessDen about her attempts to keep the business going given capacity restrictions that allowed 10 people in a building that might otherwise have fit 100.

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