228 S Mill Street, Aspen, CO 81611

$225
Property Type: Commercial Lease Lot Size (sq. ft.): 1,900 Status: Closed
Current Price: $225 List Date: 1/24/2024 Last Modified: 9/06/2024

Overview

Description

Prime retail space on Mill Street available for a pop-up sublease from April 22, 2024 through September 30, 2024. Across the street from Louis Vuitton, the space is surrounded by luxury retailers and just a block away from restaurant row. This historic building offers high traffic, big windows, high ceilings and more. Total Gross Rent for the 1,902 SF Street-Level space and 500 SF of Lower-Level storage is $45,000 per month plus subtenant pays separate utilities.

Listing Details MLS# 182297

Location Info

Type
Leasehold
Major Area
Aspen
Area
01-Central Core
Original List Price
225
Street #
228
Street Direction Pfx
S
Street Name
Mill
Street Suffix
Street
City/Town
Aspen
State/Province
CO
Postal Code
81611

Lease Info

Total Building SqFt
5024.00
Unit SqFt
2402
Ground Floor SqFt
1,902
Sub-Grade SqFt
500
Asking Price
225
Type of Lease
Gross
Lease $ Amount
238500
Upper Level SqFt
No

Financing Info

Start Date
2024-04-22
Tax Year
2023
Security Deposit
50000
Security $Payable To
Sublandlord
Annual Tax P/SqFt
0

Listing Info

SqFt Level
Yes
SqFt Level Location
Ground Floor
Term Offered
5 months +1 week
Seller/Owner is Licensed
No
Member Association
Aspen Association

General Info

Sub/Loc
Townsite of Aspen
County
Pitkin
Legal
Subdivision: BALDWIN/SABBATINI SUB EXEMPT PARCEL 2
Zoning
CC
Lot SqFt
1900
Nbr of Acres
0.04
Under Construction
No
Business Name
sublease
Inventory
No
Parcel #
273707339014
Year Built
1890
Year Remodeled
2021
Directions
Heading east down Main Street, take a right on Mill Street, the building is on the left across the street from Louis Vuitton.

Status Change Info

Under Contract Date
2024-03-06
Proposed Leased Date
2024-04-22
Sold Date
2024-05-01
Leased Price Per/SF
0.04
How Leased
Cash

More Information

Remarks

Public Remarks
Prime retail space on Mill Street available for a pop-up sublease from April 22, 2024 through September 30, 2024. Across the street from Louis Vuitton, the space is surrounded by luxury retailers and just a block away from restaurant row. This historic building offers high traffic, big windows, high ceilings and more. Total Gross Rent for the 1,902 SF Street-Level space and 500 SF of Lower-Level storage is $45,000 per month plus subtenant pays separate utilities.

Allowable Uses

Retail
Yes

Current Use

Retail Store
Yes

Construction

Brick
Yes
Frame
Yes

Condominiumized

No
Yes

Electric

Yes
Yes

Condition

Excellent
Yes

Basement/Substructure

Finished
Yes
Unfinished
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
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

Disclosures

Excluded Tenant
Yes

Tenant Pays

Deposit
Yes
Electricity
Yes

Owner Pays

Building Insurance
Yes
Property Taxes
Yes
Structural Maint
Yes

Terms Offered

Cash
Yes

Possession

Negotiable
Yes

Sign

No
Yes

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Brick; Frame Condominiumized: No Roof: Membrane Condition: Excellent Electric: Yes Water: Public Sanitation: Sewer Tenant Pays: Deposit; Electricity Owner Pays: Building Insurance; Property Taxes; Structural Maint Parking: Street Parking; None Location Amenities: High Traffic Loc; High Visibility Occupant: Tenant Occupied Disclosures: Excluded Tenant Documents on File: Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Negotiable
IDX
Listing Office: Setterfield & Bright
Source MLS Verified
Last Updated: September - 06 - 2024
Broker Attribution: (970) 920-1833

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