205 S Mill Street 231, Aspen, CO 81611 (MLS# 184963)

205 S Mill Street 231, Aspen, CO 81611

$93

Property Type: Commercial Lease Lot Size (sq. ft.): 18,000 Status: Closed

Current Price: $93 List Date: 8/06/2024 Last Modified: 10/01/2024

Overview

Description

Small downtown retail space at the Mill Street Plaza Building in the courtyard behind Louis Vuitton and OGIER. This 850 SF space has many windows, beautiful wood floors, and A/C. Move-in condition and available for a new long-term lease. NNN $93 per SF Base Rent plus all CAMs of approximately $29 per SF (for taxes, insurance, utilities, maintenance & management) for a total gross rent of only $8,642 per month.

Listing Details MLS# 184963

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 93
Street #: 205
Street Direction Pfx: S
Street Name: Mill
Street Suffix: Street
Address 2/Unit #: 231
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 26084.00
Unit SqFt: 850
Upper Level SqFt: 850
Asking Price: 93
Type of Lease: NNN
Lease $ Amount: $500,000
Ground Floor SqFt: No
Sub-Grade SqFt: 0

Financing Info

Tax Year: 2023
Security Deposit: 20000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: No
Term Offered: 10 years
Seller/Owner is Licensed: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 93

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: CITY AND TOWNSITE OF ASPEN Block: 81 Lot: D AND:- Lot: Thru I
Zoning: CC
Lot SqFt: 18000
Nbr of Acres: 0.41
Under Construction: No
Business Name: gallery is relocating
Inventory: No
Parcel #: 273707338004
Year Built: 1982
Year Remodeled: 2023
Directions: Downtown Corner of Hopkins Avenue and Mill Street. Next to Bruneleschi and above Campo de Fiori, on the courtyard.

Status Change Info

Under Contract Date: 2024-09-09
Proposed Leased Date: 2024-10-01
Sold Date: 2024-10-01
How Leased: Cash
Leased Price Per/SF: 0

More Information

Remarks

Public Remarks: Small downtown retail space at the Mill Street Plaza Building in the courtyard behind Louis Vuitton and OGIER. This 850 SF space has many windows, beautiful wood floors, and A/C. Move-in condition and available for a new long-term lease. NNN $93 per SF Base Rent plus all CAMs of approximately $29 per SF (for taxes, insurance, utilities, maintenance & management) for a total gross rent of only $8,642 per month.

Allowable Uses

Office: Yes
Retail: Yes

Current Use

Retail Store: Yes

Construction

Brick: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Garden Level: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Handicap Access: Yes
Landscaped: Yes
Restrooms: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes

Mineral Rights

No: Yes

Documents on File

Leases: Yes

Parking

Street Parking: Yes
None: Yes

Occupant

Tenant Occupied: Yes
3 - 5 Years: Yes
Escalations: Yes

Disclosures

Excluded Tenant: Yes

Tenant Pays

Annual Escalation: Yes
Building Insurance: Yes
Deposit: Yes
Electricity: Yes
Exterior Maintenance: Yes
Gas: Yes
Interior Maintenance: Yes
Property Taxes: Yes
Sewer: Yes
Site Maintenance: Yes
Trash Collection: Yes
Water: Yes

Owner Pays

Nothing: Yes
Structural Maint: Yes

Terms Offered

Cash: Yes

Possession

Negotiable: Yes

Expenses Include

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

Sign

Yes: Yes

Property Features

Allowable Uses: Office; Retail Current Use: Retail Store Construction: Brick Condominiumized: No Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Building Insurance; Deposit; Electricity; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking; None Extras: Handicap Access; Landscaped; Restrooms Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Electric; Unit Heat; Water Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied; 3 - 5 Years; Escalations Disclosures: Excluded Tenant Documents on File: Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: Negotiable

Documents

Floor Plan ›

Listing Office: Setterfield & Bright

Last Updated: October - 01 - 2024

Broker Attribution: (970) 920-1833

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