710 E Durant Avenue, #W-8

Aspen, CO 81611 / Durant Mall Condo

MLS ID# 175033 Closed
Commercial

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Closed $1,300,000

0 acres

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

Description

WELL LOCATED OFFICE OR SERVICE COMMERCIAL SPACE on 2nd floor with elevator access with GREAT views south toward Aspen Mtn. Located just one block east of the Aspen Gondola. Currently leased through August 2023 with net annual income of $44,568 ($47.67 per SF NNN). EXCELLENT OPTION FOR INVESTOR LOOKING FOR A 1031 EXCHANGE or USER WILLING TO WAIT 1-YEAR TO OCCUPY. This space has an open space plan currently being used as an office with a smaller lock-off office or storage space with separate entrance - could be leased separately. Newly renovated common area and restrooms completed in 2017. Garage parking spaces also available to buy or lease. WELL LOCATED OFFICE OR SERVICE COMMERCIAL SPACE on 2nd floor with elevator access with GREAT views south toward Aspen Mtn. Located just one block east of the Aspen Gondola. Currently leased through August 2023 with net annual income of $44,568 ($47.... show more

Location Info

• Type Commercial
• Major Area Aspen
• Area 01-Central Core
• Street # 710
• Street Direction Pfx E
• Street Name Durant
• Street Suffix Avenue
• Address 2/Unit # W-8
• City/Town Aspen
• State/Province CO
• Postal Code 81611

Keywords Info

• Total Building SqFt 10,001 - 20,000
• Association Dues Yes
• Association Fee 915.67
• Association Fee Frequency Monthly
• Payment Per Month

Listing Info

• TB% 2.5
• BB% 2.5
• 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 Durant Mall Condo
• County Pitkin
• Legal Subdivision: DURANT MALL - AMENDED Unit: W-8
• Zoning Mixed Use
• Lot SqFt 0
• Nbr of Acres 0
• Levels 3
• Total SqFt 808
• Unit SqFt 808
• Inventory No
• Account # R008342
• Parcel # 273718242018
• Year Built 1987
• Year Remodeled 2017
• Directions This commercial space is located on the 2nd floor of the West Building at 710 Durant Avenue next to City Market between Spring and Original Streets.

Financing Info

• Metro Tax District No
• Taxes 6670.08
• Tax Year 2022
• Transfer Tax Yes
• NOI 44565
• Total Expense PYear 17664
• Earnest $/% 5%
• Earnest $ Payable To Title Company
• Seller Will Trade No

Details

• Allowable Uses

  Business w/o RE, Business w/RE, Income, Office, Retail, Other

• Current Use

  Office Building

• Construction

  Frame, Poured Concrete, Steel/Metal

• Condominiumized

  Yes

• Substructure

  Other

• Roof

  Membrane

• Condition

  Good

• Heating/Cooling

  Baseboard, Central AC, Central Heating, Electric, Gas, Hot Water

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City

• Sanitation

  Sewer

• Tenant Pays

  Annual Escalation, Association Fees, Building Insurance, Electric, Gas, Interior Maintenance, Parking, Property Taxes, Sewer, Trash, Water

• Owner Pays

  Association Fees, Building Insurance, Electric, Gas, Interior Maintenance, Nothing, Property Taxes, Sewer, Site Maintenance, Structural Maint, Trash, Water

• Parking

  6 - 10 Spaces, Assigned, Parking Garage

• Access

  Paved

• Extras

  ADA Compliant, Elevator, Fire Alarm, Fire Sprinkler Sys, High Speed Available, Management, Security System, Smoke Detectors

• Expenses Include

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

• Amenities

  Bus/Shuttle Service, Pets Allowed/Owner, Pets Allowed/Renter

• Location Amenities

  Corner Lot, High Traffic Loc, High Visibility, Intersection, View

• Occupant

  Tenant Occupied, 1 - 2 Years

• Documents on File

  CC & R's, Financials, High Speed Available, Leases, Survey/ILC

• Water Rights

  No

• Mineral Rights

  No

• Terms Offered

  Cash