411 E Main Street, Aspen, CO 81611 (MLS# 139614)

411 E Main Street, Aspen, CO 81611

$50

Property Type: Commercial Lease Lot Size (sq. ft.): 12,096 Status: Closed

Current Price: $50 List Date: 6/17/2015 Last Modified: 9/05/2024

Overview

Description

High visibility corner restaurant/bar space for lease. Located in the historic Cantina Building with high ceilings, lots of windows and a large patio for outdoor dining. Total of 6,472 SF plus 750 SF patio. Equipped with a full kitchen and bar, ready for an exciting new restaurant venue. Available in October 2015. Base Rent is $50 per SF for 3,411 SF on the street-level plus $20 per SF for 3,061 SF in the basement . Total Base Rent is $19,308 per month plus CAMs (taxes, insurance, shared utilities, common area maintenance & management) of approximately $19 per SF. Total gross rent is $29,555 per month.

Listing Details MLS# 139614

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 50
Street #: 411
Street Direction Pfx: E
Street Name: Main
Street Suffix: Street
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 23,720
Unit SqFt: 6472
Asking Price: 50
Type of Lease: NNN

Financing Info

Tax Year: 2014
Security Deposit: 60000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

Member Association: Aspen Association

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Subdivision: CITY AND TOWNSITE OF ASPEN Block: 87 Lot: A AND:- Lot: B AND:- Lot: C AND:- Lot: D
Zoning: CC
Lot SqFt: 12096
Nbr of Acres: 0.28
Under Construction: No
Business Name: El Rincon is leaving
Inventory: No
Parcel #: 273707330002
Year Built: 1880
Year Remodeled: 2014
Directions: Corner of Mill Street and Main Street in downtown Aspen in the Cantina Building

Status Change Info

Under Contract Date: 2015-07-21
Proposed Leased Date: 2015-10-01
Sold Date: 2015-10-01
How Leased: Cash
Leased Price Per/SF: 0

More Information

Remarks

Public Remarks: High visibility corner restaurant/bar space for lease. Located in the historic Cantina Building with high ceilings, lots of windows and a large patio for outdoor dining. Total of 6,472 SF plus 750 SF patio. Equipped with a full kitchen and bar, ready for an exciting new restaurant venue. Available in October 2015. Base Rent is $50 per SF for 3,411 SF on the street-level plus $20 per SF for 3,061 SF in the basement . Total Base Rent is $19,308 per month plus CAMs (taxes, insurance, shared utilities, common area maintenance & management) of approximately $19 per SF. Total gross rent is $29,555 per month.

Allowable Uses

Restaurant/Bar: Yes

Current Use

Restaurant: Yes

Construction

Brick: Yes

Condominiumized

No: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Gas

Natural Gas: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Heating/Cooling

Central AC: Yes
Electric: Yes

Location Amenities

Corner Lot: Yes
High Traffic Loc: Yes
High Visibility: Yes

Documents on File

Leases: Yes

Parking

Street Parking: Yes
None: Yes

Occupant

Tenant Occupied: Yes
1 Month to 1 Year: 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

Sign

No: Yes

Property Features

Allowable Uses: Restaurant/Bar Current Use: Restaurant Construction: Brick Condominiumized: No Roof: Membrane Condition: Excellent Electric: Yes Gas: Natural Gas 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 Location Amenities: Corner Lot; High Traffic Loc; High Visibility Occupant: Tenant Occupied; 1 Month to 1 Year Documents on File: Leases Terms Offered: Cash Sign: No Possession: Negotiable

Documents

Floor Plans ›

Listing Office: Setterfield & Bright

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.