228 S Mill Street, Aspen, CO 81611 (MLS# 182297)

228 S Mill Street, Aspen, CO 81611

$225

Property Type: Commercial Lease Lot Size (sq. ft.): 1,900 Status: Closed

Current Price: $225 List Date: 1/24/2024 Last Modified: 9/06/2024

Overview

Description

Prime retail space on Mill Street available for a pop-up sublease from April 22, 2024 through September 30, 2024. Across the street from Louis Vuitton, the space is surrounded by luxury retailers and just a block away from restaurant row. This historic building offers high traffic, big windows, high ceilings and more. Total Gross Rent for the 1,902 SF Street-Level space and 500 SF of Lower-Level storage is $45,000 per month plus subtenant pays separate utilities.

Listing Details MLS# 182297

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 225
Street #: 228
Street Direction Pfx: S
Street Name: Mill
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 5024.00
Unit SqFt: 2402
Ground Floor SqFt: 1,902
Sub-Grade SqFt: 500
Asking Price: 225
Type of Lease: Gross
Lease $ Amount: 238500

Financing Info

Start Date: 2024-04-22
Tax Year: 2023
Security Deposit: 50000
Security $Payable To: Sublandlord

Listing Info

SqFt Level: Yes
SqFt Level Location: Ground Floor
Term Offered: 5 months +1 week
Seller/Owner is Licensed: No
Member Association: Aspen Association

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Subdivision: BALDWIN/SABBATINI SUB EXEMPT PARCEL 2
Zoning: CC
Lot SqFt: 1900
Nbr of Acres: 0.04
Under Construction: No
Business Name: sublease
Inventory: No
Parcel #: 273707339014
Year Built: 1890
Year Remodeled: 2021
Directions: Heading east down Main Street, take a right on Mill Street, the building is on the left across the street from Louis Vuitton.

Status Change Info

Under Contract Date: 2024-03-06
Proposed Leased Date: 2024-04-22
Sold Date: 2024-05-01
Leased Price Per/SF: 0.04
How Leased: Cash

More Information

Remarks

Public Remarks: Prime retail space on Mill Street available for a pop-up sublease from April 22, 2024 through September 30, 2024. Across the street from Louis Vuitton, the space is surrounded by luxury retailers and just a block away from restaurant row. This historic building offers high traffic, big windows, high ceilings and more. Total Gross Rent for the 1,902 SF Street-Level space and 500 SF of Lower-Level storage is $45,000 per month plus subtenant pays separate utilities.

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Brick; Frame Condominiumized: No Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Deposit; Electricity Owner Pays: Building Insurance; Property Taxes; Structural Maint Parking: Street Parking; None Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied Disclosures: Excluded Tenant Documents on File: Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Negotiable

Documents

228 S. Mill Floor plans ›

Listing Office: Setterfield & Bright

Last Updated: September - 06 - 2024

Broker Attribution: (970) 920-1833

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