401 E Hyman Avenue
Aspen, CO 81611 / Townsite of Aspen
MLS ID# 147506 Closed
Commercial
Closed $5,900,000
0.05
acres
Description
First time ever available for sale. Prime corner retail building. 100% A+ location across from the dancing fountain and the Wheeler Opera House. This is a unique income property at a 4% cap rate with 2 retail tenants and 2 seasonal outdoor vendor...
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Location Info
- Type Commercial
- Major Area Aspen
- Area 01-Central Core
- Street # 401
- Street Direction Pfx E
- Street Name Hyman
- Street Suffix Avenue
- City/Town Aspen
- State/Province CO
- Postal Code 81611
Keywords Info
- Total Building SqFt 1.001 - 5,000
- Association Dues No
- Payment Per Unknown
Listing Info
- TB% 2
- BB% 2
- Variable Comm False
- Flat Fee No
- Short Sale No
- REO No
- Auction No
- Agency Excl Right to Sell
- Foreclosure No
- Member Association Aspen Association
- Deeds Special Warranty
General Info
- SubLoc Townsite of Aspen
- County Pitkin
- Legal Subdivision: CITY AND TOWNSITE OF ASPEN Block: 89 Lot: A THE NORTHERLY 66' OF LOT A
- Zoning CC
- Lot SqFt 1980
- Nbr of Acres 0.05
- Total SqFt 3018
- Unit SqFt 3018
- Business Name Art Tee & Covet
- Inventory No
- Account # R001256
- Parcel # 273718216001
- Year Built 1960
- Directions Corner of Mill Street Walking Mall and Hyman Avenue Walking Mall
Financing Info
- Taxes 37668.68
- Tax Year 2016
- Transfer Tax Yes
- Earnest $/% 300000
- Earnest $ Payable To Land Title Guarantee Company Aspen
- Seller Will Trade No
Details
-
Allowable Uses
Restaurant/Bar, Retail -
Current Use
Retail Store -
Construction
Brick, Concrete Block -
Condominiumized
No -
Substructure
Finished Basement -
Roof
Membrane -
Condition
Good -
Heating/Cooling
Electric -
Electric
Yes -
Water
City -
Sanitation
Sewer -
Tenant Pays
Annual Escalation, Building Insurance, Deposit, Electric, Exterior Maintenance, Gas, Interior Maintenance, Property Taxes, Sewer, Site Maintenance, Trash, Water -
Owner Pays
Nothing, Structural Maint -
Parking
None -
Location Amenities
Corner Lot, High Traffic Loc, High Visibility, View -
Occupant
Tenant Occupied, Multiple Leases -
Disclosures
1031 Exchange -
Documents on File
Leases -
Terms Offered
Cash -
Sign
No -
Possession
DOD, Subject to Lease
This listing was last updated on 2018-05-07T20:44:17Z
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