201 N Mill Street, Aspen, CO 81611
$9,900,000
Property Type:
Commercial Sale
Square Footage:
7,020
Lot Size (sq. ft.):
12,000
Status:
Closed
Current Price:
$8,500,000
List Date:
12/08/2012
Last Modified:
1/24/2019
Description
This is a great investment property with complete with permit ready entitlements for a redeveloped multi-use building of 25,000 leaseable square feet, 5 AH units and 5 free market units. The views over the river toward Red Mountain are beautiful.
Includes 2 floors of professional offices suites plus 19 + parking spaces. Close to town and court house.
More Information MLS# 127937
Location Info
Current Price: $8,500,000
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 9900000
Original List Price: 9900000
Street #: 201
Street Direction Pfx: N
Street Name: Mill
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Total Building SqFt: 5,001 - 10,001
Association Dues: Yes
Listing Info
Listing Date: 2012-12-01
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: None
County: Pitkin
Legal: All Condo Units Jerome Professional:Units 1A-2K
Lot SqFt: 12000
Nbr of Acres: 0.28
Total SqFt: 7020
Business Name: Multiple
Inventory: No
Parcel #: 273707317801
Year Built: 1980
Year Remodeled: 1990
Directions: North On Mill from Main Street behind Hotel Jerome one block on left
Financing Info
Taxes: 42682
Tax Year: 2011
Transfer Tax: Yes
Special Assessments: none
Status Change Info
Status: Closed
Under Contract Date: 2013-03-11
Proposed Close Date: 2013-08-01
Sold Date: 2013-08-01
Sold Price: $8,500,000
Sold Price Per/SF: 1210.83
How Sold: Cash
Remarks
Public Remarks: This is a great investment property with complete with permit ready entitlements for a redeveloped multi-use building of 25,000 leaseable square feet, 5 AH units and 5 free market units. The views over the river toward Red Mountain are beautiful.
Includes 2 floors of professional offices suites plus 19 + parking spaces. Close to town and court house.
Property Features
Allowable Uses: Hospitality; Hotel/Lodge; Income; Mixed Use; Multi-Family Res; Office; Single Family Res
Current Use: Income; Office Building
Construction: Brick
Condominiumized: Yes
Substructure: Other
Roof: Membrane; Tar & Gravel
Condition: Good
Heating/Cooling: Central AC; Forced Air; Gas
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electric; Exterior Maintenance; Gas; Interior Maintenance; Parking; Property Taxes; Sewer; Site Maintenance; Structural Maint; Trash; Water
Parking: 11 - 20 Spaces; Assigned; Covered Parking
Extras: High Speed Available; Restrooms
Expenses Include: Grounds Maintenance; Management; Snow Removal
Location Amenities: Corner Lot; High Traffic Loc; High Visibility; Intersection; View
Occupant: Owner Occupied; Tenant Occupied; 1 - 2 Years; Escalations; Multiple Leases
Disclosures: Lease/Mve Out Clause; Owner Licensed
Documents on File: CC & R's; High Speed Available; Leases
Terms Offered: Cash; Joint Venture; Lease Back; Lease Option
Possession: Subject to Lease
Resolution 42 ›Listing Office: Kruger and Company
Last Updated: January - 24 - 2019
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
(970) 920-4001
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