120 E Main Street, Aspen, CO 81611

$8,200,000
Property Type: Commercial Sale Square Footage: 8,100 Lot Size (sq. ft.): 11,320 Status: Closed
Current Price: $8,200,000 List Date: 8/31/2023 Last Modified: 1/24/2025

Overview

Description

Rarely does one have the opportunity to own a truly iconic and historically significant building from Aspen's architectural golden age. Placed prominently on Main Street next to the Sardy House, the former Library building was a collaboration between Aspen's most famous post-war architects. Herbert Bayer of the Bauhaus movement and Fritz Benedict, a student, and associate of Frank Lloyd Wright, designed this 8,100 square foot building to capture views of both Aspen and Red Mountain. The low-pitched roof and clerestory windows create a natural lighting scheme that changes with the day and with the seasons. The sophisticated interior spaces and generous ceiling heights provide the opportunity to create a new Aspen masterpiece and the lot size allows for additional development.With 13 parking spaces and proximity to Restaurant Row and downtown shopping, the combination of the magnitude and location of this property is rare. The sale contains two separate parcels, one which allows for ...

Supplements: With 13 parking spaces and proximity to Restaurant Row and downtown shopping, the combination of the magnitude and location of this property is rare. The sale contains two separate parcels, one which allows for additional development. Please review the Land Use Report for further details. This is the perfect combination of history, art, architectur ...

Listing Details MLS# 172699

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Aspen
Zoning County
Pitkin
Type
Commercial
Major Area
Aspen
Area
01-Central Core
Asking Price
8200000
Original List Price
13995000
Street #
120
Street Direction Pfx
E
Street Name
Main
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
No

Listing Info

Occupant Type
Tenant
Seller/Owner is Licensed
No
Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association

General Info

Sub/Loc
None
County
Pitkin
Legal
ELY 20 FT OF LOT M ALL OF LOTS N & O BLOCK 66 & SLY 10 FT OF VACATED ALLEY ADJACENT. LOT 2 US WEST SUBDIVISION
Zoning
Commercial
Lot SqFt
11320
Nbr of Acres
0.25
Total SqFt
8100
Unit SqFt
8100
Parcel #
273512438002
Year Built
1960
Year Remodeled
1975
Directions
120 E Main St, Aspen CO 81611

Financing Info

Metro Tax District
No
Taxes
64646.84
Tax Year
2022
Transfer Tax
Yes
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2024-10-11
Proposed Close Date
2025-01-24
Sold Date
2025-01-24
Sold Price Per/SF
1012.35
How Sold
Cash

More Information

Remarks

Public Remarks
Rarely does one have the opportunity to own a truly iconic and historically significant building from Aspen's architectural golden age. Placed prominently on Main Street next to the Sardy House, the former Library building was a collaboration between Aspen's most famous post-war architects. Herbert Bayer of the Bauhaus movement and Fritz Benedict, a student, and associate of Frank Lloyd Wright, designed this 8,100 square foot building to capture views of both Aspen and Red Mountain. The low-pitched roof and clerestory windows create a natural lighting scheme that changes with the day and with the seasons. The sophisticated interior spaces and generous ceiling heights provide the opportunity to create a new Aspen masterpiece and the lot size allows for additional development.With 13 parking spaces and proximity to Restaurant Row and downtown shopping, the combination of the magnitude and location of this property is rare. The sale contains two separate parcels, one which allows for additional development. Please review the Land Use Report for further details. This is the perfect combination of history, art, architecture, and convenience!
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: January - 24 - 2025
Broker Attribution: (970) 925-6060

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