314 E Hyman Avenue, 101, Aspen, CO 81611 (MLS# 177027)

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314 E Hyman Avenue, 101, Aspen, CO 81611

$7,000,000
Property Type: Commercial Sale Square Footage: 3,293 Lot Size (sq. ft.): 6,000 Status: Closed
Current Price: $7,000,000 List Date: 10/03/2022 Last Modified: 4/07/2023

Description

Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.

More Information MLS# 177027

Location Info

Current Price: $7,000,000 Type: Commercial Major Area: Aspen Area: 01-Central Core Asking Price: 7000000 Original List Price: 7000000 Street #: 314 Street Direction Pfx: E Street Name: Hyman Street Suffix: Avenue Address 2/Unit #: 101 City/Town: Aspen State/Province: CO Postal Code: 81611

Keywords Info

Total Building SqFt: 10,001 - 20,000 Association Dues: Yes Association Fee: 9675 Association Fee Frequency: Quarterly Payment Per: Quarter

Listing Info

Listing Date: 2022-09-29 Short Sale: No REO: No Auction: No Foreclosure: No Member Association: Aspen Association

General Info

Sub/Loc: Mother Lode Aspen County: Pitkin Legal: Subdivision: MOTHER LODE CONDO Unit: 101 Zoning: CC Lot SqFt: 6000 Nbr of Acres: 0.14 Levels: 1 Total SqFt: 3293 Unit SqFt: 3293 Ceiling Height: 17 Shoulder Height (Drop Ceiling): 8 Business Name: Aspen Times is relocating Inventory: No Parcel #: 273707398002 Year Built: 2008 Year Remodeled: 2012 Directions: On Hyman Avenue, between the Wheeler Opera House and the new RH Hotel Construction.

Financing Info

Metro Tax District: No Taxes: 51065 Tax Year: 2021 Transfer Tax: Yes

Status Change Info

Status: Closed Under Contract Date: 2022-10-14 Proposed Close Date: 2023-04-07 Sold Date: 2023-04-07 Sold Price: $7,000,000 Sold Price Per/SF: 2125.72 How Sold: Cash

Remarks

Public Remarks: Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.

Property Features

Allowable Uses: Business w/RE; Income; Office; Retail Construction: Brick; Frame Condominiumized: Yes Substructure: Finished Basement Roof: Membrane Condition: Excellent Heating/Cooling: Central AC; Central Heating Electric: Yes Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electric; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Trash; Water Parking: Street Parking; None Access: Paved Extras: ADA Compliant; Elevator; Fire Sprinkler Sys Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Heat; Water Location Amenities: High Traffic Loc; High Visibility; View Occupant: Tenant Occupied; 1 Month to 1 Year Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: Negotiable
Listing Office: Setterfield & Bright
Last Updated: April - 07 - 2023
314 E Hyman Avenue, 101, Aspen, CO 81611- MLS# 177027
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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