221 E Main Street, Aspen, CO 81611

$5,000,000
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: 9/05/2024

Overview

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.

Listing Details MLS# 134518

Location Info

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

Short Sale
No
REO
No
Auction
No
In 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
HOA Dues
0

Status Change Info

Under Contract Date
2014-12-18
Proposed Close Date
2015-01-16
Sold Date
2015-01-16
Sold Price Per/SF
1015.85
How Sold
Cash

More Information

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.

Allowable Uses

Business w/RE
Yes
Income
Yes
Mixed Use
Yes
Multi-Family Res
Yes
Office
Yes
Restaurant/Bar
Yes
Retail
Yes
Single Family Res
Yes
Other
Yes

Current Use

Restaurant
Yes
Retail Store
Yes

Construction

Frame
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Excellent
Yes

Basement/Substructure

Crawl Space
Yes

Gas

Natural Gas
Yes

Roof

Shake
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Heating/Cooling

Other
Yes

Location Amenities

Gentle Topo
Yes
High Traffic Loc
Yes
High Visibility
Yes

Mineral Rights

No
Yes

Documents on File

Financials
Yes
Inventory
Yes
Leases
Yes
Survey/ILC
Yes

Parking

1 - 5 Spaces
Yes

Occupant

Owner Occupied
Yes
Tenant Occupied
Yes
1 Month to 1 Year
Yes
Multiple Leases
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes
Subject to Lease
Yes

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 Roof: Shake Condition: Excellent Electric: Yes Gas: Natural Gas Water: Public 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
IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 920-1833

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.