$2,595,000
Aspen, CO 81611
MLS# 167472
Status: Closed
1563 sqft
1 / 12
Property Description
Now leased to an excellent long-term tenant, and available as an investment with a good Cap Rate ROI. Perfect location for a downtown professional office with views, fireplace, parking and convenience. South-facing outdoor deck, kitchenette, 2 bathrooms (1 is ADA compliant), 3 or 4 large private window offices + conference room and large reception area. This Listing is for both Units 201 & 202 combined and priced at $2,595,000 (for 1,563 SF). One assigned parking space is available for each unit (2 total).
Details
Maps
Documents
Location Info
Current Price: $2,605,000
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 2595000
Original List Price: 2900000
Street #: 210
Street Direction Pfx: E
Street Name: Hyman
Street Suffix: Avenue
Address 2/Unit #: 201 & 202
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Total Building SqFt: Not Applicable
Association Dues: Yes
Association Fee: 5803
Association Fee Frequency: Quarterly
Payment Per: Quarter
Listing Info
Listing Date: 2020-11-09
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Park Central West
County: Pitkin
Legal: Subdivision: PARK CENTRAL WEST Unit: 201 & 202
Zoning: MU
Levels: 1
Total SqFt: 1563
Unit SqFt: 1563
Business Name: new office lease
Inventory: No
Parcel #: 273707337074
Year Built: 1976
Year Remodeled: 2004
Directions: From Main Street, turn south on Monarch Street and then right on Hyman Avenue. Park Central West is half way down the block on the right.
Financing Info
Metro Tax District: No
Taxes: 12450.96
Tax Year: 2021
Transfer Tax: Yes
Status Change Info
Status: Closed
Under Contract Date: 2022-01-24
Proposed Close Date: 2022-03-10
Sold Date: 2022-03-10
Sold Price: $2,605,000
Sold Price Per/SF: 1666.67
How Sold: Conventional Fixed
Remarks
Public Remarks: Now leased to an excellent long-term tenant, and available as an investment with a good Cap Rate ROI. Perfect location for a downtown professional office with views, fireplace, parking and convenience. South-facing outdoor deck, kitchenette, 2 bathrooms (1 is ADA compliant), 3 or 4 large private window offices + conference room and large reception area. This Listing is for both Units 201 & 202 combined and priced at $2,595,000 (for 1,563 SF). One assigned parking space is available for each unit (2 total).
Property Features
Allowable Uses: Business w/o RE; Business w/RE; Income; Office
Current Use: Office Building
Construction: Frame
Condominiumized: Yes
Substructure: Garden Level
Roof: Membrane
Condition: Excellent
Heating/Cooling: Baseboard
Electric: Yes
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: Nothing
Parking: 1 - 5 Spaces; Assigned; Parking Lot
Extras: Fireplace
Location Amenities: View
Occupant: Tenant Occupied; 3 - 5 Years; Option to Renew; Escalations
Documents on File: Leases
Terms Offered: Cash; Owner Finance
Sign: No
Possession: Negotiable; Subject to Lease
Floor Plan 201 & 202 
Listing Office: Setterfield & Bright
Last Updated: March - 10 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
(970) 920-1833