$7,000,000
Aspen, CO 81611
MLS# 177027
Status: Closed
3293 sqft
1 / 14
Property Description
Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.
Details
Maps
Documents
Location Info
Current Price: $7,000,000
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 7000000
Original List Price: 7000000
Street #: 314
Street Direction Pfx: E
Street Name: Hyman
Street Suffix: Avenue
Address 2/Unit #: 101
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Total Building SqFt: 10,001 - 20,000
Association Dues: Yes
Association Fee: 9675
Association Fee Frequency: Quarterly
Payment Per: Quarter
Listing Info
Listing Date: 2022-09-29
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Mother Lode Aspen
County: Pitkin
Legal: Subdivision: MOTHER LODE CONDO Unit: 101
Zoning: CC
Lot SqFt: 6000
Nbr of Acres: 0.14
Levels: 1
Total SqFt: 3293
Unit SqFt: 3293
Ceiling Height: 17
Shoulder Height (Drop Ceiling): 8
Business Name: Aspen Times is relocating
Inventory: No
Parcel #: 273707398002
Year Built: 2008
Year Remodeled: 2012
Directions: On Hyman Avenue, between the Wheeler Opera House and the new RH Hotel Construction.
Financing Info
Metro Tax District: No
Taxes: 51065
Tax Year: 2021
Transfer Tax: Yes
Status Change Info
Status: Closed
Under Contract Date: 2022-10-14
Proposed Close Date: 2023-04-07
Sold Date: 2023-04-07
Sold Price: $7,000,000
Sold Price Per/SF: 2125.72
How Sold: Cash
Remarks
Public Remarks: Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.
Property Features
Allowable Uses: Business w/RE; Income; Office; Retail
Construction: Brick; Frame
Condominiumized: Yes
Substructure: Finished Basement
Roof: Membrane
Condition: Excellent
Heating/Cooling: Central AC; Central Heating
Electric: Yes
Sanitation: Sewer
Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electric; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Trash; Water
Parking: Street Parking; None
Access: Paved
Extras: ADA Compliant; Elevator; Fire Sprinkler Sys
Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Heat; Water
Location Amenities: High Traffic Loc; High Visibility; View
Occupant: Tenant Occupied; 1 Month to 1 Year
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: Yes
Possession: Negotiable
Floor Plan 
Listing Office: Setterfield & Bright
Last Updated: April - 07 - 2023
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