426 E Main Street, Aspen, CO 81611

$15,300,000
Property Type: Commercial Sale Square Footage: 8,187 Status: Closed
Current Price: $15,300,000 List Date: 9/20/2018 Last Modified: 9/05/2024

Overview

Description

Rare offering in downtown Aspen to purchase an entire mixed-use building! The Millennium Plaza hosts an awesome penthouse, two street-level retail/commercial spaces, three deed-restricted residential condos as well as ample lower level storage and parking behind the building. The impressive penthouse on the top floor of the Millennium Plaza building has three bedrooms and an open living/kitchen area all on one level. Soaring windows with direct views of Aspen Mountain. Rooftop deck, dedicated parking, enormous sports mudroom & storage areas on the lower level of the building, elevator access and a prime location. This perfect penthouse was just completely remodeled and is being sold fully furnished. The street-level commercial spaces are 1,126 sq ft and 815 sq ft and can host a variety ofbusiness uses â" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR ...

Supplements: business uses â€" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR and two 2 BDR condos). Owning the entire building at this Main Street location is something not to be missed for anyone interested in a great Aspe ...

Listing Details MLS# 156180

Location Info

Type
Commercial
Major Area
Aspen
Area
01-Central Core
Asking Price
15995000
Original List Price
16995000
Street #
426
Street Direction Pfx
E
Street Name
Main Street
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
Yes
Association Fee
Yes
Association Fee Frequency
Annually

Listing Info

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

General Info

Sub/Loc
M & G Condo
County
Pitkin
Country
United States
Legal
Subdivision: M & G CONDO Unit: 1A, 1B, 2A, 2B, 2C, & 3A
Zoning
Mixed Use
Total SqFt
8187
Parcel #
273707322022
Year Built
2009
Year Remodeled
2018
Directions
On the northwest corner of Main Street and South Galena Street.

Financing Info

Metro Tax District
No
Taxes
59890.8
Tax Year
2020
Transfer Tax
Yes
Total HOA Fee Per Year
Yes
HOA Dues
0

Status Change Info

Under Contract Date
2022-01-12
Proposed Close Date
2022-05-06
Sold Date
2022-03-22
Sold Price Per/SF
1868.82
How Sold
Cash

More Information

Remarks

Public Remarks
Rare offering in downtown Aspen to purchase an entire mixed-use building! The Millennium Plaza hosts an awesome penthouse, two street-level retail/commercial spaces, three deed-restricted residential condos as well as ample lower level storage and parking behind the building. The impressive penthouse on the top floor of the Millennium Plaza building has three bedrooms and an open living/kitchen area all on one level. Soaring windows with direct views of Aspen Mountain. Rooftop deck, dedicated parking, enormous sports mudroom & storage areas on the lower level of the building, elevator access and a prime location. This perfect penthouse was just completely remodeled and is being sold fully furnished. The street-level commercial spaces are 1,126 sq ft and 815 sq ft and can host a variety ofbusiness uses â" the existing leases are flexible and can be extended or terminated at the discretion of the purchaser. Three deed-restricted condos are on the second floor of the building (one 1 BDR and two 2 BDR condos). Owning the entire building at this Main Street location is something not to be missed for anyone interested in a great Aspen investment property!

Allowable Uses

Income
Yes
Mixed Use
Yes
Multi-Family Res
Yes
Office
Yes
Retail
Yes

Current Use

Multi-Family
Yes
Office Building
Yes

Construction

Brick
Yes

Access

Paved
Yes

Condominiumized

Yes
Yes

Electric

Yes
Yes

Condition

Excellent
Yes

Basement/Substructure

Finished
Yes

Gas

Natural Gas
Yes

Roof

Metal
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Extras

Elevator
Yes
Fireplace
Yes
Furnished
Yes
Kitchen Area
Yes
Laundry
Yes
Restrooms
Yes
Security System
Yes
Storage
Yes

Heating/Cooling

Central AC
Yes
Forced Air
Yes
Gas
Yes
Radiant
Yes

Location Amenities

Corner Lot
Yes
View
Yes

Mineral Rights

No
Yes

Parking

1 - 5 Spaces
Yes
Assigned
Yes

Occupant

Multiple Leases
Yes

Terms Offered

Cash
Yes

Possession

DOD
Yes

Property Features

Allowable Uses: Income; Mixed Use; Multi-Family Res; Office; Retail Current Use: Multi-Family; Office Building Construction: Brick Condominiumized: Yes Roof: Metal Condition: Excellent Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: 1 - 5 Spaces; Assigned Access: Paved Extras: Elevator; Fireplace; Furnished; Kitchen Area; Laundry; Restrooms; Security System; Storage Location Amenities: Corner Lot; View Occupant: Multiple Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Possession: DOD
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 925-6060

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