431 E Hopkins Avenue, Aspen, CO 81611 (MLS# 186742)

431 E Hopkins Avenue, Aspen, CO 81611

$150

Property Type: Commercial Lease Lot Size (sq. ft.): 9,000 Status: Closed

Current Price: $150 List Date: 1/21/2025 Last Modified: 4/13/2025

Overview

Description

Prime, beautiful, street-level retail space on East Hopkins Avenue, between Yvel and the Caribou Club in the historic Collins Block Building. This small space is unique with many windows on Caribou Alley. Adjacent to many luxury retailers and close to restaurant row. With 647 SF, the NNN Base Rent is $9,000 per month plus Taxes & CAMs of approximately $2,000 per month. Total Gross Rent is $11,000 per month plus separate electric expense. Includes private bathroom in the back of the space. Available April 1, 2025.

Listing Details MLS# 186742

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 167
Street #: 431
Street Direction Pfx: E
Street Name: Hopkins
Street Suffix: Avenue
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 24000.00
Unit SqFt: 647
Ground Floor SqFt: 647
Asking Price: 167
Type of Lease: NNN
Lease $ Amount: 11,000
Upper Level SqFt: No
Sub-Grade SqFt: 0

Financing Info

Start Date: 2024-05-01
Tax Year: 2023
Security Deposit: 42000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: Yes
SqFt Level Location: Ground Floor
Term Offered: 10 years
Seller/Owner is Licensed: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 37

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: Subdivision: COLLINS BLOCK Units: 2, 5 & 6.
Zoning: CC
Lot SqFt: 9000
Nbr of Acres: 0.03
Under Construction: No
Business Name: Bumble relocating
Inventory: No
Parcel #: 273707381002
Year Built: 1985
Year Remodeled: 2023
Directions: In the Historic Collins Block Building between the Caribou Club and Yvel on E Hopkins Avenue at the corner of Mill Street.

Status Change Info

Under Contract Date: 2025-01-07
Proposed Leased Date: 2025-04-01
Sold Date: 2025-04-01
Leased Price Per/SF: 0.01
How Leased: Cash

More Information

Remarks

Public Remarks: Prime, beautiful, street-level retail space on East Hopkins Avenue, between Yvel and the Caribou Club in the historic Collins Block Building. This small space is unique with many windows on Caribou Alley. Adjacent to many luxury retailers and close to restaurant row. With 647 SF, the NNN Base Rent is $9,000 per month plus Taxes & CAMs of approximately $2,000 per month. Total Gross Rent is $11,000 per month plus separate electric expense. Includes private bathroom in the back of the space. Available April 1, 2025.

Allowable Uses

Retail: Yes

Current Use

Retail Store: Yes

Construction

Brick: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Slab: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Heating/Cooling

Central AC: Yes
Electric: Yes

Location Amenities

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
Association Fees: Yes
Building Insurance: Yes
Deposit: Yes
Electricity: Yes
Exterior Maintenance: 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

Expenses Include

Insurance: Yes
Management: Yes
Sewer: Yes
Snow Removal: Yes
Trash: Yes
Water: 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; Interior Maintenance; Property Taxes; Sewer; Site Maintenance; Trash Collection; Water Owner Pays: Nothing; Structural Maint Parking: Street Parking; None Expenses Include: Insurance; Management; Sewer; Snow Removal; Trash; Water Location Amenities: 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 Plan ›

Listing Office: Setterfield & Bright

Last Updated: April - 13 - 2025

Broker Attribution: (970) 920-1833

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