419 E Hyman Avenue Unit 1, Aspen, CO 81611 (MLS# 178466)

419 E Hyman Avenue Unit 1, Aspen, CO 81611

$275

Property Type: Commercial Lease Status: Closed

Current Price: $275 List Date: 3/08/2023 Last Modified: 9/06/2024

Overview

Description

This beautiful 1,741 SF, A++ prime retail space has it all: high ceilings, big windows, high traffic location, office, private bathroom, storage, a kitchenette and more. Located in the iconic, historic Paragon Building. NNN Base Rent is $39,898 per month plus approx $5,488 per month for CAMs (taxes, insurance, condo dues, maintenance, etc.) Total Gross Rent is approx $45,386 per month plus separate utilities.

Listing Details MLS# 178466

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 275
Street #: 419
Street Direction Pfx: E
Street Name: Hyman
Street Suffix: Avenue
Address 2/Unit #: Unit 1
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 18000.00
Unit SqFt: 1741
Ground Floor SqFt: 1,441
Upper Level SqFt: 300
Asking Price: 275
Type of Lease: NNN
Lease $ Amount: $5,000,000
Sub-Grade SqFt: 0

Financing Info

Tax Year: 2022
Security Deposit: 100000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: No
Seller/Owner is Licensed: No
Member Association: Aspen Association

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Subdivision: PARAGON BUILDING CONDOS Unit: 1
Zoning: CC
Under Construction: No
Business Name: EY Gallery is relocating
Inventory: No
Parcel #: 273718216041
Year Built: 1888
Year Remodeled: 2001
Directions: In the Paragon Building on the Hyman Avenue Pedestrian Mall between Galena Street and Mill Street

Status Change Info

Under Contract Date: 2023-04-30
Proposed Leased Date: 2023-09-01
Sold Date: 2023-09-01
Leased Price Per/SF: 0.02
How Leased: Cash

More Information

Remarks

Public Remarks: This beautiful 1,741 SF, A++ prime retail space has it all: high ceilings, big windows, high traffic location, office, private bathroom, storage, a kitchenette and more. Located in the iconic, historic Paragon Building. NNN Base Rent is $39,898 per month plus approx $5,488 per month for CAMs (taxes, insurance, condo dues, maintenance, etc.) Total Gross Rent is approx $45,386 per month plus separate utilities.

Allowable Uses

Retail: Yes

Current Use

Retail Store: Yes

Construction

Brick: 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

Fire Sprinkler Sys: Yes
Handicap Access: Yes
Kitchen Area: Yes
Restrooms: Yes
Security System: Yes
Smoke Detectors: Yes
Storage: Yes

Heating/Cooling

Baseboard: Yes
Central AC: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes

Mineral Rights

No: Yes

Documents on File

Floor Plans: Yes

Parking

Street Parking: Yes

Occupant

Owner Occupied: Yes
Tenant Occupied: 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
Site Maintenance: Yes
Structural Maint: Yes
Trash Collection: Yes
Water: Yes

Owner Pays

Nothing: Yes
Structural Maint: Yes

Terms Offered

Cash: Yes

Possession

Negotiable: Yes
Subject to Lease: Yes

Expenses Include

Contingency Fund: Yes
Grounds Maintenance: Yes
Insurance: Yes
Management: Yes
Sewer: Yes
Snow Removal: Yes
Trash: Yes

Sign

No: Yes

Property Features

Allowable Uses: Retail Current Use: Retail Store Construction: Brick 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; Site Maintenance; Structural Maint; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking Access: Paved Extras: Fire Sprinkler Sys; Handicap Access; Kitchen Area; Restrooms; Security System; Smoke Detectors; Storage Expenses Include: Contingency Fund; Grounds Maintenance; Insurance; Management; Sewer; Snow Removal; Trash Location Amenities: High Traffic Loc; High Visibility Occupant: Owner Occupied; Tenant Occupied Documents on File: Floor Plans Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Negotiable; Subject to Lease

Documents

Floor plan ›

Listing Office: Setterfield & Bright

Last Updated: September - 06 - 2024

Broker Attribution: (970) 920-1833

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