221 E Main Street, Aspen, CO 81611
$5,500,000
Property Type:
Commercial Sale
Square Footage:
4,922
Lot Size (sq. ft.):
6,000
Status:
Closed
Current Price:
$5,000,000
List Date:
6/04/2014
Last Modified:
1/26/2016
Description
This beautiful historic property and prime location has many possibilities for office, retail, residential or mixed use. The price includes the existing Explore Booksellers business. The inventory of books and other merchandise is available for an additional cash price. Pyramid Bistro is a separate business that leases the restaurant premises within the building. In 2009 the current owners spent approximately $500,000 on upgrades and improvements to the property. This beautiful building and wonderful business are treasured by Aspen locals and visitors.
More Information MLS# 134518
Location Info
Current Price: $5,000,000
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 5500000
Original List Price: 6500000
Street #: 221
Street Direction Pfx: E
Street Name: Main
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611
Keywords Info
Total Building SqFt: 1.001 - 5,000
Association Dues: No
Listing Info
Listing Date: 2014-06-02
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Block 74 Lot D and E
Zoning: Mixed Use
Lot SqFt: 6000
Nbr of Acres: 0.14
Total SqFt: 4922
Unit SqFt: 4922
Business Name: Explore Booksellers
Parcel #: 273707328002
Year Built: 1886
Year Remodeled: 2009
Directions: On Main Street between Monarch Street and Aspen Street.
Financing Info
Taxes: 36914
Tax Year: 2013
Transfer Tax: Yes
Status Change Info
Status: Closed
Under Contract Date: 2014-12-18
Proposed Close Date: 2015-01-16
Sold Date: 2015-01-16
Sold Price: $5,000,000
Sold Price Per/SF: 1015.85
How Sold: Cash
Remarks
Public Remarks: This beautiful historic property and prime location has many possibilities for office, retail, residential or mixed use. The price includes the existing Explore Booksellers business. The inventory of books and other merchandise is available for an additional cash price. Pyramid Bistro is a separate business that leases the restaurant premises within the building. In 2009 the current owners spent approximately $500,000 on upgrades and improvements to the property. This beautiful building and wonderful business are treasured by Aspen locals and visitors.
Property Features
Allowable Uses: Business w/RE; Income; Mixed Use; Multi-Family Res; Office; Restaurant/Bar; Retail; Single Family Res; Other
Current Use: Restaurant; Retail Store
Construction: Frame
Condominiumized: No
Substructure: Crawl Space
Roof: Shake
Condition: Excellent
Heating/Cooling: Other
Electric: Yes
Gas: Natural Gas
Sanitation: Sewer
Parking: 1 - 5 Spaces
Location Amenities: Gentle Topo; High Traffic Loc; High Visibility
Occupant: Owner Occupied; Tenant Occupied; 1 Month to 1 Year; Multiple Leases
Documents on File: Financials; Inventory; Leases; Survey/ILC
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Possession: DOD; Subject to Lease
Documents
221 E. Main - 2009 Survey ›Listing Office: Setterfield & Bright
Last Updated: January - 26 - 2016
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Broker Attribution:
(970) 920-1833
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