710 E Durant Avenue, #W-9 / W-10

Aspen, CO 81611 / Durant Mall Condo

MLS ID# 177195 Cancelled
Commercial

Get directions

$3,273,600

0 acres

• Images
• Map

View Larger

 

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

Description

RARE OPPORTUNITY to purchase a well-located office space just one (1) block east of the gondola base of Aspen Mtn. Well-appointed with private full bathroom and kitchen and built out to a financial services level finish. Great views south to Aspen Mtn. Elevator access and below grade parking garage. Building was completely renovated in 2017. Currently configured to accommodate two (2) tenants with one larger space of 1,475 SF and the other smaller space of 509 SF. The two spaces are currently occupied by two tenants with leases expiring October 2024 (smaller space) and November 2024 (larger space). The annual net rental income in November 2023 increases to $108,341 w/ 3% annual escalation with tenants paying all HOA, real estate taxes and other expenses. GREAT INVESTMENT OPPORTUNITY! RARE OPPORTUNITY to purchase a well-located office space just one (1) block east of the gondola base of Aspen Mtn. Well-appointed with private full bathroom and kitchen and built out to a financial services level finish. Great views south to Aspen M... show more

Location Info

• Inside City Limits Yes
• Condominiumized No
• Zoning City N/A
• Zoning County N/A
• 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-9 / W-10
• City/Town Aspen
• State/Province CO
• Postal Code 81611

Keywords Info

• Total Building SqFt 20.001+
• Association Dues Yes
• Association Fee 1623
• Association Fee Frequency Monthly
• Payment Per Unknown

Listing Info

• Occupant Vacant
• Seller is licensed Realtor No
• TB% 2.5
• SB% 0
• 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-9 and Unit W-10
• Zoning Mixed Use
• Lot SqFt 0
• Nbr of Acres 0
• Levels 3
• Total SqFt 1984
• Unit SqFt 1984
• Inventory No
• Account # r008347
• Parcel # 273718242011
• Year Built 1975
• Year Remodeled 2017
• Directions These two(2) commercial condo spaces are located on the 2nd floor of the West Buildingat 710 E Durant Avenue next to City Market between Spring and Original Streets.

Financing Info

• Metro Tax District No
• Taxes 16047
• Tax Year 2022
• Transfer Tax Yes
• Earnest $/% 5% of Purchase Price
• Earnest $ Payable To Title Company
• Seller Will Trade No

Details

• Allowable Uses

  Business w/o RE, Business w/RE, Income, Mixed Use, Office, Retail

• Current Use

  Office Building

• Condominiumized

  Yes

• Condition

  Excellent

• Heating/Cooling

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

• Electric

  Yes

• Gas

  Natural Gas

• Water

  City

• Sanitation

  Sewer

• Tenant Pays

  Annual Escalation, Association Fees, Building Insurance, Electric, Exterior Maintenance, Gas, Interior Maintenance, Property Taxes, Sewer, Site Maintenance, Structural Maint, Trash, Water

• Owner Pays

  Nothing

• Parking

  Parking Garage

• Access

  Paved

• Extras

  220V, ADA Compliant, Elevator, Fire Alarm, Fire Sprinkler Sys, High Speed Available, Kitchen Area, Landscaped, Management, Smoke Detectors

• Expenses Include

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

• Amenities

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

• Location Amenities

  Corner Lot, High Traffic Loc, High Visibility, View

• Occupant

  Tenant Occupied

• Documents on File

  CC & R's, High Speed Available, Leases

• Water Rights

  No

• Mineral Rights

  No

• Terms Offered

  Cash

• Possession

  Subject to Lease