420 W Main Street, Aspen, CO 81611 (MLS# 137122) -

420 W Main Street, Aspen, CO 81611

$3,850,000

Property Type: Commercial Sale Square Footage: 5,060 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $3,850,000 List Date: 8/11/2015 Last Modified: 9/05/2024

Overview

Description

Rare opportunity to own an entire (non historic) mixed use building on Main St in Aspen. This 5,462 square foot building includes two office suites on the ground floor, totaling 2,662 square feet. There are also four one-bedroom apartments on the upper level totaling 2,800 square feet. Each apartment includes washer/ dryer, private balcony, private storage room and parking. This building has available unused FAR and an allowable 2100 SF roof deck with 360 degree views. Tremendous visibility on Main Street, with easy access to everything.

Listing Details MLS# 137122

Location Info

Type: Commercial
Major Area: Aspen
Area: 01-West End
Asking Price: 4950000
Original List Price: 6750
Street #: 420
Street Direction Pfx: W
Street Name: Main
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Keywords Info

Total Building SqFt: 5,001 - 10,001
Association Dues: No

Listing Info

REO: No
Member Association: Aspen Association

General Info

Sub/Loc: None
County: Pitkin
Legal: Sub: CITY AND TOWNSITE OF ASPEN Block: 37 Lot: N AND Lot: O
Zoning: COMM/RES
Lot SqFt: 6000
Nbr of Acres: 0.14
Total SqFt: 5060
Parcel #: 273512442005
Year Built: 1971
Directions: Main Street between 3rd and 4th Street.

Financing Info

Taxes: 20700
Tax Year: 2014
Transfer Tax: Yes
HOA Dues: 0

Status Change Info

Under Contract Date: 2015-08-11
Proposed Close Date: 2015-08-24
Sold Date: 2015-08-24
Sold Price Per/SF: 760.86
How Sold: Cash

More Information

Remarks

Public Remarks: Rare opportunity to own an entire (non historic) mixed use building on Main St in Aspen. This 5,462 square foot building includes two office suites on the ground floor, totaling 2,662 square feet. There are also four one-bedroom apartments on the upper level totaling 2,800 square feet. Each apartment includes washer/ dryer, private balcony, private storage room and parking. This building has available unused FAR and an allowable 2100 SF roof deck with 360 degree views. Tremendous visibility on Main Street, with easy access to everything.

Allowable Uses

Income: Yes
Mixed Use: Yes
Multi-Family Res: Yes
Office: Yes

Current Use

Income: Yes
Medical: Yes
Multi-Family: Yes
Office Building: Yes

Construction

Frame: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Good: Yes

Basement/Substructure

Unfinished: Yes

Gas

Natural Gas: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Fireplace: Yes
Landscaped: Yes
Restrooms: Yes
Smoke Detectors: Yes
Storage: Yes

Location Amenities

High Visibility: Yes
View: Yes

Mineral Rights

No: Yes

Parking

6 - 10 Spaces: Yes
Common: Yes
Paved: Yes

Occupant

Tenant Occupied: Yes
Multiple Leases: Yes

Terms Offered

Cash: Yes

Possession

Subject to Lease: Yes

Sign

No: Yes

Property Features

Allowable Uses: Income; Mixed Use; Multi-Family Res; Office Current Use: Income; Medical; Multi-Family; Office Building Construction: Frame Condominiumized: Yes Condition: Good Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: 6 - 10 Spaces; Common; Paved Extras: Fireplace; Landscaped; Restrooms; Smoke Detectors; Storage Location Amenities: High Visibility; View Occupant: Tenant Occupied; Multiple Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Subject to Lease

Listing Office: Coldwell Banker Mason Morse-Aspen

Last Updated: September - 05 - 2024

Broker Attribution: (970) 925-7000

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