616 E Hyman Avenue, Aspen, CO 81611

$13,300,000
Property Type: Commercial Sale Square Footage: 10,680 Lot Size (sq. ft.): 6,000 Status: Closed
Current Price: $13,300,000 List Date: 5/19/2022 Last Modified: 5/20/2025

Overview

Description

NOTE: There is no residential component nor any allowed residential in the future. We asked that you PLEASE CALL AHEAD for any showings as not to disturb any of the businesses. Rarely does an opportunity to own a standalone building in the Aspen core become available. For the first time in almost 40 years the iconic Ferngulf building is now being offered for sale. Located 2 blocks from The Gondola, the building has a mix of fantastic local/national business tenants and the ultimate corporate offices.The top floor is the nicest office space in Aspen. Featuring huge Aspen Mountain views and sun, an eclectic blend of classic Aspen architecture with modern, state of the art technology. The fully air conditioned space has been redesigned by Poss Architecture and was thoroughly remodeled by Schlumberger Construction in 2017 to feature 4 private offices, board room, kitchen and bath. Currently the Owner's suite is tied in with a dedicated downstairs entrance which opens t ...

Supplements: The top floor is the nicest office space in Aspen. Featuring huge Aspen Mountain views and sun, an eclectic blend of classic Aspen architecture with modern, state of the art technology. The fully air conditioned space has been redesigned by Poss Architecture and was thoroughly remodeled by Schlumberger Construction in 2017 to feature 4 private ...

Listing Details MLS# 174456

Location Info

Type
Commercial
Major Area
Aspen
Area
01-Central Core
Asking Price
17900000
Original List Price
17900000
Street #
616
Street Direction Pfx
E
Street Name
Hyman
Street Suffix
Avenue
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Total Building SqFt
10,001 - 20,000
Association Dues
No

Listing Info

REO
No
Member Association
Aspen Association

General Info

Sub/Loc
Townsite of Aspen
County
Pitkin
Legal
Subdivision: CITY AND TOWNSITE OF ASPEN Block: 99 Lot: N AND:- Lot: O
Zoning
C1
Lot SqFt
6000
Nbr of Acres
0.14
Stories
3
Total SqFt
10680
Inventory
No
Parcel #
273718212005
Year Built
1969
Year Remodeled
2018
Directions
Hyman Avenue between Spring and Hunter Streets on the north side.

Financing Info

Metro Tax District
No
Taxes
102681
Tax Year
2021
Transfer Tax
Yes
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2022-08-08
Proposed Close Date
2022-08-12
Sold Date
2022-08-12
Sold Price Per/SF
1245.32
How Sold
Cash

More Information

Remarks

Public Remarks
NOTE: There is no residential component nor any allowed residential in the future. We asked that you PLEASE CALL AHEAD for any showings as not to disturb any of the businesses. Rarely does an opportunity to own a standalone building in the Aspen core become available. For the first time in almost 40 years the iconic Ferngulf building is now being offered for sale. Located 2 blocks from The Gondola, the building has a mix of fantastic local/national business tenants and the ultimate corporate offices.The top floor is the nicest office space in Aspen. Featuring huge Aspen Mountain views and sun, an eclectic blend of classic Aspen architecture with modern, state of the art technology. The fully air conditioned space has been redesigned by Poss Architecture and was thoroughly remodeled by Schlumberger Construction in 2017 to feature 4 private offices, board room, kitchen and bath. Currently the Owner's suite is tied in with a dedicated downstairs entrance which opens to a private gear /ski locker room to get ready for any adventure. An additional private gym and 5 off street parking spots are all available for the exclusive use of the Owner. Main level tenets include Aspen's oldest bike shop, The Hub of Aspen and a new to town, Acai store, Oakberry (due to open this summer). The garden level features a physical therapy/rehab and pilates studio. Kristin Dittmar Interior Designs is on the upper level.

Allowable Uses

Business w/RE
Yes
Hospitality
Yes
Income
Yes
Office
Yes
Retail
Yes

Current Use

Income
Yes
Office Building
Yes
Professional Service
Yes

Construction

Frame
Yes
Steel Frame
Yes
Stone
Yes

Access

Paved
Yes

Condominiumized

No
Yes

Condition

Excellent
Yes

Basement/Substructure

Finished
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Extras

220V
Yes
Fire Alarm
Yes
Fire Sprinkler Sys
Yes
High Speed Available
Yes
Kitchen Area
Yes
Recreation Facility
Yes
Restrooms
Yes
Smoke Detectors
Yes
Storage
Yes

Heating/Cooling

Baseboard
Yes
Central AC
Yes
Hot Water
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes
View
Yes

Documents on File

Leases
Yes

Parking

1 - 5 Spaces
Yes

Occupant

Owner Occupied
Yes
Tenant Occupied
Yes
Month to Month
Yes
5+ Years
Yes
Option to Renew
Yes
Escalations
Yes
Multiple Leases
Yes

Tenant Pays

Annual Escalation
Yes
Building Insurance
Yes
Deposit
Yes
Electricity
Yes
Interior Maintenance
Yes
Property Taxes
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Owner Pays

Exterior Maintenance
Yes
Site Maintenance
Yes
Structural Maint
Yes

Possession

Subject to Lease
Yes

Amenities

Conference Facility
Yes
Locker Ski - Storage
Yes

Property Features

Allowable Uses: Business w/RE; Hospitality; Income; Office; Retail Current Use: Income; Office Building; Professional Service Construction: Frame; Steel Frame; Stone Condominiumized: No Roof: Membrane Condition: Excellent Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electricity; Interior Maintenance; Property Taxes; Sewer; Trash Collection; Water Owner Pays: Exterior Maintenance; Site Maintenance; Structural Maint Parking: 1 - 5 Spaces Access: Paved Extras: 220V; Fire Alarm; Fire Sprinkler Sys; High Speed Available; Kitchen Area; Recreation Facility; Restrooms; Smoke Detectors; Storage Amenities: Conference Facility; Locker Ski - Storage Location Amenities: High Traffic Loc; High Visibility; View Occupant: Owner Occupied; Tenant Occupied; Month to Month; 5+ Years; Option to Renew; Escalations; Multiple Leases Documents on File: Leases Possession: Subject to Lease
IDX
Listing Office: Compass Aspen
Source MLS Verified
Last Updated: May - 20 - 2025
Broker Attribution: 970-925-6063

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