Glenwood Springs: 970-945-7677
·
Brad Plantz
·
Christina Altomare
Sopris Realty logo

$2,595,000
117 S Spring Street, C & D
Aspen, CO 81611
MLS# 176578
1673 sqft
117 S Spring Street, C & D, Aspen, CO 81611
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Property Description
Opportunity to purchase the entire building, see MLS #182552. Office space in the downtown core with yes...a PRIVATE entrance, two private restrooms, kitchenette, and balcony with Aspen Mtn views. Comprises entire second level of this beautiful mid-century inspired building. Ideal floor plan for investor, end-user, or combo: Currently setup as two units - easily recombine into single space, or keep current configuration and collect rent from both tenants. Excellent 1031 investment. Both units are currently leased with flexible terms. Zoning also allows immediate use as affordable/employee housing. Unit C = 749 SF, Unit D = 924 SF. Windows on all four elevations with wonderful Colorado sun.

Details
Maps
Documents
Location Info
Current Price: $2,595,000
Inside City Limits: Yes
Condominiumized: Yes
Zoning City: C-1
Zoning County: City
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 2595000
Original List Price: 2800000
Street #: 117
Street Direction Pfx: S
Street Name: Spring
Street Suffix: Street
Address 2/Unit #: C & D
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Total Building SqFt: 1.001 - 5,000
Association Dues: Yes
Association Fee: 9655
Association Fee Frequency: Annually
Payment Per: Unknown
Listing Info
Occupant: Vacant
Listing Date: 2022-08-23
Seller is licensed Realtor: No
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: None
County: Pitkin
Legal: Subdivision: SPRING STREET Unit: C Subdivision: SPRING STREET Unit: D
Zoning: Commercial (C-1)
Total SqFt: 1673
Unit SqFt: 1673
Parcel #: See Comments
Year Built: 1979
Directions: West side of Spring Street between Main and Hopkins. Private second-level entrance stairway.
Financing Info
Metro Tax District: No
Taxes: 17462.12
Tax Year: 2022
Transfer Tax: Yes
Status Change Info
Status: Active
Remarks
Public Remarks: Opportunity to purchase the entire building, see MLS #182552. Office space in the downtown core with yes...a PRIVATE entrance, two private restrooms, kitchenette, and balcony with Aspen Mtn views. Comprises entire second level of this beautiful mid-century inspired building. Ideal floor plan for investor, end-user, or combo: Currently setup as two units - easily recombine into single space, or keep current configuration and collect rent from both tenants. Excellent 1031 investment. Both units are currently leased with flexible terms. Zoning also allows immediate use as affordable/employee housing. Unit C = 749 SF, Unit D = 924 SF. Windows on all four elevations with wonderful Colorado sun.
Property Features
Allowable Uses: Income; Office; Retail
Current Use: Office Building; Professional Service
Construction: Concrete Block; Stucco
Condominiumized: Yes
Roof: Membrane
Condition: Good
Heating/Cooling: Gas; Hot Water
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electric; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash; Water
Owner Pays: Property Taxes
Parking: Street Parking
Extras: Kitchen Area; Restrooms
Expenses Include: Grounds Maintenance; Insurance; Sewer; Snow Removal; Unit Heat; Water
Amenities: Bus/Shuttle Service; Pets Allowed/Owner; Pets Allowed/Renter
Location Amenities: View
Occupant: Owner Occupied; Tenant Occupied; Month to Month
Disclosures: 1031 Exchange
Documents on File: CC & R's; Leases; Survey/ILC
Terms Offered: Cash
Sign: Yes
Possession: DOD

Listing Office: Douglas Elliman Real Estate-Willits

Last Updated: February - 15 - 2024

117 S Spring Street, C & D, Aspen, CO 81611 - MLS# 176578
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.

Broker Attribution: (970) 925-8810
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