520 E Cooper Avenue LL1, Aspen, CO 81611 (MLS# 183407)

520 E Cooper Avenue LL1, Aspen, CO 81611

$95

Property Type: Commercial Lease Status: Closed

Current Price: $95 List Date: 4/24/2024 Last Modified: 9/06/2024

Overview

Description

Introducing a prime retail opportunity in the heart of downtown Aspen! Located in a bustling locale, this 450 SF lower level space boasts an enviable position adjacent to a popular grill and a dispensary. With built-in foot traffic, this versatile space presents endless possibilities for retail or a cafe. The NNN Base Rent is $95 per SF plus approx $40 per SF for CAMs (taxes, insurance, shared utilities, maintenance & management). Total gross rent is approximately $5,063 per month. Current furniture belongs to Tenant and is not included.

Listing Details MLS# 183407

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 95
Street #: 520
Street Direction Pfx: E
Street Name: Cooper
Street Suffix: Avenue
Address 2/Unit #: LL1
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 0.00
Sub-Grade SqFt: 450
Asking Price: 95
Type of Lease: NNN
Lease $ Amount: 5,063/month

Financing Info

Start Date: 2024-08-01
Tax Year: 2023
Security Deposit: 10000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: Yes
SqFt Level Location: Sub-grade
Seller/Owner is Licensed: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 40

General Info

Sub/Loc: Aspen Hof
County: Pitkin
Legal: Subdivision: ASPENHOF Unit: LL1
Zoning: CC
Under Construction: No
Inventory: No
Parcel #: 273718224016
Year Built: 1970
Directions: On the north side Cooper Avenue between Hunter Street and Galena Street. In the AspenHof Building downstairs next to Silverpeak and Silverpeak Grill.

Status Change Info

Under Contract Date: 2024-07-25
Proposed Leased Date: 2024-08-01
Sold Date: 2024-08-01
How Leased: Cash

More Information

Remarks

Public Remarks: Introducing a prime retail opportunity in the heart of downtown Aspen! Located in a bustling locale, this 450 SF lower level space boasts an enviable position adjacent to a popular grill and a dispensary. With built-in foot traffic, this versatile space presents endless possibilities for retail or a cafe. The NNN Base Rent is $95 per SF plus approx $40 per SF for CAMs (taxes, insurance, shared utilities, maintenance & management). Total gross rent is approximately $5,063 per month. Current furniture belongs to Tenant and is not included.

Allowable Uses

Office: Yes
Restaurant/Bar: Yes
Retail: Yes

Current Use

Retail Store: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Gas

None: Yes

Roof

Membrane: Yes

Sanitation

Community: Yes
Sewer: Yes

Water Rights

No: Yes

Mineral Rights

No: Yes

Parking

Street Parking: Yes
None: Yes

Green Features

Double Pane Windows: Yes

Occupant

Tenant Occupied: Yes
Vacant: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Office; Restaurant/Bar; Retail Current Use: Retail Store Condominiumized: Yes Roof: Membrane Condition: Excellent Electric: Yes Gas: None Sanitation: Community; Sewer Green Features: Double Pane Windows Parking: Street Parking; None Access: Paved Occupant: Tenant Occupied; Vacant Water Rights: No Mineral Rights: No Sign: Yes

Listing Office: Setterfield & Bright

Last Updated: September - 06 - 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.