314 E Hyman Avenue 101, Aspen, CO 81611 (MLS# 177027)

314 E Hyman Avenue 101, Aspen, CO 81611

$7,000,000

Property Type: Commercial Sale Square Footage: 3,293 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $7,000,000 List Date: 10/03/2022 Last Modified: 9/05/2024

Overview

Description

Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.

Listing Details MLS# 177027

Location Info

Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 7000000
Original List Price: 7000000
Street #: 314
Street Direction Pfx: E
Street Name: Hyman
Street Suffix: Avenue
Address 2/Unit #: 101
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Keywords Info

Total Building SqFt: 10,001 - 20,000
Association Dues: Yes
Association Fee: 9675
Association Fee Frequency: Quarterly

Listing Info

Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association

General Info

Sub/Loc: Mother Lode Aspen
County: Pitkin
Legal: Subdivision: MOTHER LODE CONDO Unit: 101
Zoning: CC
Lot SqFt: 6000
Nbr of Acres: 0.14
Stories: Yes
Total SqFt: 3293
Unit SqFt: 3293
Ceiling Height: 17
Shoulder Height (Drop Ceiling): 8
Business Name: Aspen Times is relocating
Inventory: No
Parcel #: 273707398002
Year Built: 2008
Year Remodeled: 2012
Directions: On Hyman Avenue, between the Wheeler Opera House and the new RH Hotel Construction.

Financing Info

Metro Tax District: No
Taxes: 51065
Tax Year: 2021
Transfer Tax: Yes
HOA Dues: 38700
Total HOA Fee Per Year: 38700
Special Assessments: No

Status Change Info

Under Contract Date: 2022-10-14
Proposed Close Date: 2023-04-07
Sold Date: 2023-04-07
Sold Price Per/SF: 2125.72
How Sold: Cash

More Information

Remarks

Public Remarks: Prime retail space with historic roots located in Downtown Aspen next to the Wheeler Opera House. 2,794 SF of street-level space plus 499 SF basement storage. The historic storefront has many windows & 2 front entry doors. The interior has very high ceilings, 2 ADA bathrooms & a rear loading area. Aspen Times lease ends Dec 31, 2022. Coming soon next door is the RH Guesthouse with nine guest rooms, a rooftop pool, restaurant, wine cellar and more. Coming soon across the street is Gravity Haus ''a social club for the modern adventurer. ... to enhance your mountain-loving lifestyle''. This is a perfect property for an owner-occupied retail business or as an income investment with a new lease to a retail tenant.

Allowable Uses

Business w/RE: Yes
Income: Yes
Office: Yes
Retail: Yes

Construction

Brick: Yes
Frame: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Elevator: Yes
Fire Sprinkler Sys: Yes
ADA Compliant: Yes

Heating/Cooling

Central AC: Yes
Central Heating: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes
View: Yes

Mineral Rights

No: Yes

Parking

Street Parking: Yes
None: Yes

Occupant

Tenant Occupied: Yes
1 Month to 1 Year: 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

Terms Offered

Cash: Yes

Possession

Negotiable: Yes

Expenses Include

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

Sign

Yes: Yes

Property Features

Allowable Uses: Business w/RE; Income; Office; Retail Construction: Brick; Frame Condominiumized: Yes Roof: Membrane Condition: Excellent Electric: Yes 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 Parking: Street Parking; None Access: Paved Extras: ADA Compliant; Elevator; Fire Sprinkler Sys Expenses Include: Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash; Unit Heat; Water Location Amenities: High Traffic Loc; High Visibility; View Occupant: Tenant Occupied; 1 Month to 1 Year Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: Negotiable

Documents

Floor Plan ›

Coming Soon Near Mother Lode ›

Listing Office: Setterfield & Bright

Last Updated: September - 05 - 2024

Broker Attribution: (970) 920-1833

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