201 N Mill Street, Aspen, CO 81611

$8,500,000
Property Type: Commercial Sale Square Footage: 7,020 Lot Size (sq. ft.): 12,000 Status: Closed
Current Price: $8,500,000 List Date: 12/08/2012 Last Modified: 9/05/2024

Overview

Description

This is a great investment property with complete with permit ready entitlements for a redeveloped multi-use building of 25,000 leaseable square feet, 5 AH units and 5 free market units. The views over the river toward Red Mountain are beautiful. Includes 2 floors of professional offices suites plus 19 + parking spaces. Close to town and court house.

Listing Details MLS# 127937

Location Info

Type
Commercial
Major Area
Aspen
Area
01-Central Core
Asking Price
9900000
Original List Price
9900000
Street #
201
Street Direction Pfx
N
Street Name
Mill
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
Yes

Listing Info

Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association

General Info

Sub/Loc
None
County
Pitkin
Legal
All Condo Units Jerome Professional:Units 1A-2K
Lot SqFt
12000
Nbr of Acres
0.28
Total SqFt
7020
Business Name
Multiple
Inventory
No
Parcel #
273707317801
Year Built
1980
Year Remodeled
1990
Directions
North On Mill from Main Street behind Hotel Jerome one block on left

Financing Info

Taxes
42682
Tax Year
2011
Transfer Tax
Yes
HOA Dues
45630
Special Assessments
none

Status Change Info

Under Contract Date
2013-03-11
Proposed Close Date
2013-08-01
Sold Date
2013-08-01
Sold Price Per/SF
1210.83
How Sold
Cash

More Information

Remarks

Public Remarks
This is a great investment property with complete with permit ready entitlements for a redeveloped multi-use building of 25,000 leaseable square feet, 5 AH units and 5 free market units. The views over the river toward Red Mountain are beautiful. Includes 2 floors of professional offices suites plus 19 + parking spaces. Close to town and court house.

Property Features

Allowable Uses: Hospitality; Hotel/Lodge; Income; Mixed Use; Multi-Family Res; Office; Single Family Res Current Use: Income; Office Building Construction: Brick Condominiumized: Yes Roof: Membrane; Tar/Gravel Condition: Good Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electricity; Exterior Maintenance; Gas; Interior Maintenance; Parking Fee; Property Taxes; Sewer; Site Maintenance; Structural Maint; Trash Collection; Water Parking: 11 - 20 Spaces; Assigned; Covered Parking Extras: High Speed Available; Restrooms Expenses Include: Grounds Maintenance; Management; Snow Removal Location Amenities: Corner Lot; High Traffic Loc; High Visibility; Intersection; View Occupant: Owner Occupied; Tenant Occupied; 1 - 2 Years; Escalations; Multiple Leases Disclosures: Lease/Mve Out Clause; Owner Licensed Documents on File: CC & R's; High Speed Available; Leases Terms Offered: Cash; Joint Venture; Lease Back; Lease Option Possession: Subject to Lease
IDX
Listing Office: Kruger and Company
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 920-4001

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