219 E Durant Avenue, Aspen, CO 81611

$26
Property Type: Commercial Lease Lot Size (sq. ft.): 12,000 Status: Closed
Current Price: $26 List Date: 10/01/2015 Last Modified: 9/05/2024

Overview

Description

DOWNTOWN LODGING AREA RESTAURANT SPACE available now to start build-out. Base Rent is only $20 per SF against 8% of gross sales (percentage rent) plus CAMs. This new street-level space is approximately 1,616 SF with a lower-level kitchen space of approximately 1,154 SF, plus potential outdoor dining area. This is an exciting opportunity to create a new restaurant experience in downtown Aspen.

Listing Details MLS# 134785

Location Info

Type
Leasehold
Major Area
Aspen
Area
01-Central Core
Original List Price
40
Street #
219
Street Direction Pfx
E
Street Name
Durant
Street Suffix
Avenue
City/Town
Aspen
State/Province
CO
Postal Code
81611

Lease Info

Total Building SqFt
unknown
Unit SqFt
2770
Asking Price
20
Type of Lease
NNN

Financing Info

Tax Year
2015
Security Deposit
25000
Security $Payable To
Landlord
Annual Tax P/SqFt
0

Listing Info

Member Association
Aspen Association

General Info

Sub/Loc
Dancing Bear Residences
County
Pitkin
Legal
Chart House Lodge
Zoning
L-PUD
Lot SqFt
12000
Nbr of Acres
0.28
Under Construction
Yes
Business Name
restaurant space
Inventory
No
Parcel #
273513106002
Year Built
2015
Year Remodeled
2016
Directions
On the Southeast corner of Monarch Street and Durant Avenue. (Directly across from Dancing Bear on Durant)

Status Change Info

Under Contract Date
2017-08-03
Proposed Leased Date
2018-09-01
Sold Date
2018-06-01
How Leased
Cash

More Information

Remarks

Public Remarks
DOWNTOWN LODGING AREA RESTAURANT SPACE available now to start build-out. Base Rent is only $20 per SF against 8% of gross sales (percentage rent) plus CAMs. This new street-level space is approximately 1,616 SF with a lower-level kitchen space of approximately 1,154 SF, plus potential outdoor dining area. This is an exciting opportunity to create a new restaurant experience in downtown Aspen.

Allowable Uses

Restaurant/Bar
Yes

Construction

Concrete
Yes
Steel Frame
Yes

Condominiumized

Yes
Yes

Electric

Yes
Yes

Basement/Substructure

Finished
Yes
Other
Yes

Gas

Natural Gas
Yes

Roof

Other
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Extras

Elevator
Yes
Fire Alarm
Yes
Fire Sprinkler Sys
Yes
Handicap Access
Yes
Restrooms
Yes
Smoke Detectors
Yes

Heating/Cooling

Central AC
Yes

Location Amenities

Corner Lot
Yes
High Traffic Loc
Yes
High Visibility
Yes

Parking

Street Parking
Yes

Occupant

Vacant
Yes

Disclosures

Excluded Tenant
Yes

Tenant Pays

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

Owner Pays

Structural Maint
Yes

Terms Offered

Cash
Yes
Lease Option
Yes

Possession

Negotiable
Yes

Sign

Yes
Yes

Amenities

Front Desk
Yes

Property Features

Allowable Uses: Restaurant/Bar Construction: Concrete; Steel Frame Condominiumized: Yes Roof: Other Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Tenant Pays: Annual Escalation; Association Fees; Building Insurance; Deposit; Electricity; Exterior Maintenance; Gas; Interior Maintenance; Property Taxes; Sewer; Trash Collection; Water Owner Pays: Structural Maint Parking: Street Parking Extras: Elevator; Fire Alarm; Fire Sprinkler Sys; Handicap Access; Restrooms; Smoke Detectors Amenities: Front Desk Location Amenities: Corner Lot; High Traffic Loc; High Visibility Occupant: Vacant Disclosures: Excluded Tenant Terms Offered: Cash; Lease Option Sign: Yes Possession: Negotiable
IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 920-1833

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