228 S Mill Street

Aspen, CO 81611 / Townsite of Aspen

MLS ID# 168449 Closed
Leasehold

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Lease $225

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• Description
• Location Info
• Lease Info
• Financing Info
• Listing Info
• General Info
• Details

Description

Prime retail space on Mill Street. Surrounded by luxury retailers, and just a block away from restaurant row, this historic building provides high traffic, big windows, high ceilings and views. Base Rent for the 1,902 SF Street-Level space is $225 per SF = $35,663 per month and Base Rent for the 1,931 SF Lower-Level storage is $22 per SF = $3,540 per month. Plus approx $20 per SF for CAMs (taxes, insurance, maintenance, utilities, management, etc.) The tenant can lease all of the downstairs storage or just partial. Total Gross Rent for both the Street-Level and entire Lower-Level storage is approx $45,591 per month, plus tenant pays separate electric. Prime retail space on Mill Street. Surrounded by luxury retailers, and just a block away from restaurant row, this historic building provides high traffic, big windows, high ceilings and views. Base Rent for the 1,902 SF Street-Level space is $225 p... show more

Location Info

• Type Leasehold
• Major Area Aspen
• Area 01-Central Core
• 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 1,501 - 2,000
• Ground Floor SqFt 1,902
• Upper Level SqFt 1191
• Sub-Grade SqFt 1931
• Type of Lease NNN

Financing Info

• Annual Tax P/SqFt 0
• Tax Year 2020
• Total Expense PYear 0
• Security Deposit 70000
• Security $Payable To Landlord

Listing Info

• Landlord Name Aspen Shimmer Properties, LLC
• TB% 2
• SB% 41628
• BB% 2
• Variable Comm False
• Flat Fee No
• Agency Exclusive Right To Lease
• Member Association Aspen Association

General Info

• SubLoc Townsite of Aspen
• County Pitkin
• Legal Subdivision: BALDWIN/SABBATINI SUB EXEMPT PARCEL 2
• Zoning CC
• Lot SqFt 1900
• Nbr of Acres 0.04
• Unit SqFt 1931
• Under Construction No
• Business Name vacant
• Inventory No
• Account # R001137
• Parcel # 273707339014
• Year Built 1890
• Year Remodeled 2019
• Directions Heading east down Main Street, take a right on Mill Street, the building is on the left across the street from Louis Vuitton.

Details

• Allowable Uses

  Retail, Warehouse

• Current Use

  Retail Store

• Construction

  Brick, Frame

• Condominiumized

  No

• Substructure

  Finished Basement, Unfinished Basement

• Roof

  Membrane

• Condition

  Excellent

• Electric

  Yes

• Gas

  Natural Gas

• 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

• Expenses Include

  Grounds Maintenance, Insurance, Management, Sewer, Snow Removal, Trash, Unit Electric, Unit Heat, Water

• Location Amenities

  High Visibility, View

• Occupant

  Vacant

• Disclosures

  Excluded Tenant

• Water Rights

  No

• Mineral Rights

  No

• Terms Offered

  Cash

• Sign

  Yes

• Possession

  Negotiable