426 E Main Street, Aspen, CO 81611 (MLS# 156180) -

426 E Main Street, Aspen, CO 81611

$15,300,000

Property Type: Commercial Sale Square Footage: 8,187 Status: Closed

Current Price: $15,300,000 List Date: 9/20/2018 Last Modified: 9/05/2024

Overview

Description

Rare offering in downtown Aspen to purchase an entire mixed-use building! The Millennium Plaza hosts an awesome penthouse, two street-level retail/commercial spaces, three deed-restricted residential condos as well as ample lower level storage and parking behind the building. The impressive penthouse on the top floor of the Millennium Plaza building has three bedrooms and an open living/kitchen area all on one level. Soaring windows with direct views of Aspen Mountain. Rooftop deck, dedicated parking, enormous sports mudroom & storage areas on the lower level of the building, elevator access and a prime location. This perfect penthouse was just completely remodeled and is being sold fully furnished. The street-level commercial spaces are 1,126 sq ft and 815 sq ft and can host a variety ofbusiness uses â" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR ... (Read more)

Supplements: business uses â€" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR and two 2 BDR condos). Owning the entire building at this Main Street location is something not to be missed for anyone interested in a great Aspe ... (Read more)

Listing Details MLS# 156180

Location Info

Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 15995000
Original List Price: 16995000
Street #: 426
Street Direction Pfx: E
Street Name: Main Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Keywords Info

Total Building SqFt: 5,001 - 10,001
Association Dues: Yes
Association Fee: Yes
Association Fee Frequency: Annually

Listing Info

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

General Info

Sub/Loc: M & G Condo
County: Pitkin
Country: United States
Legal: Subdivision: M & G CONDO Unit: 1A, 1B, 2A, 2B, 2C, & 3A
Zoning: Mixed Use
Total SqFt: 8187
Parcel #: 273707322022
Year Built: 2009
Year Remodeled: 2018
Directions: On the northwest corner of Main Street and South Galena Street.

Financing Info

Metro Tax District: No
Taxes: 59890.8
Tax Year: 2020
Transfer Tax: Yes
Total HOA Fee Per Year: Yes
HOA Dues: 0

Status Change Info

Under Contract Date: 2022-01-12
Proposed Close Date: 2022-05-06
Sold Date: 2022-03-22
Sold Price Per/SF: 1868.82
How Sold: Cash

More Information

Remarks

Public Remarks: Rare offering in downtown Aspen to purchase an entire mixed-use building! The Millennium Plaza hosts an awesome penthouse, two street-level retail/commercial spaces, three deed-restricted residential condos as well as ample lower level storage and parking behind the building. The impressive penthouse on the top floor of the Millennium Plaza building has three bedrooms and an open living/kitchen area all on one level. Soaring windows with direct views of Aspen Mountain. Rooftop deck, dedicated parking, enormous sports mudroom & storage areas on the lower level of the building, elevator access and a prime location. This perfect penthouse was just completely remodeled and is being sold fully furnished. The street-level commercial spaces are 1,126 sq ft and 815 sq ft and can host a variety ofbusiness uses â" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR and two 2 BDR condos). Owning the entire building at this Main Street location is something not to be missed for anyone interested in a great Aspen investment property!

Allowable Uses

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

Current Use

Multi-Family: Yes
Office Building: Yes

Construction

Brick: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Gas

Natural Gas: Yes

Roof

Metal: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Elevator: Yes
Fireplace: Yes
Furnished: Yes
Kitchen Area: Yes
Laundry: Yes
Restrooms: Yes
Security System: Yes
Storage: Yes

Heating/Cooling

Central AC: Yes
Forced Air: Yes
Gas: Yes
Radiant: Yes

Location Amenities

Corner Lot: Yes
View: Yes

Mineral Rights

No: Yes

Parking

1 - 5 Spaces: Yes
Assigned: Yes

Occupant

Multiple Leases: Yes

Terms Offered

Cash: Yes

Possession

DOD: Yes

Property Features

Allowable Uses: Income; Mixed Use; Multi-Family Res; Office; Retail Current Use: Multi-Family; Office Building Construction: Brick Condominiumized: Yes Roof: Metal Condition: Excellent Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: 1 - 5 Spaces; Assigned Access: Paved Extras: Elevator; Fireplace; Furnished; Kitchen Area; Laundry; Restrooms; Security System; Storage Location Amenities: Corner Lot; View Occupant: Multiple Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Possession: DOD

Documents

Condominium Map ›

Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Updated: September - 05 - 2024

Broker Attribution: (970) 925-6060

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