625 E Main Street 101 & 102, Aspen, CO 81611
$8,445,000
Property Type:
Commercial Sale
Square Footage:
6,242
Status:
Closed
Current Price:
$8,445,000
List Date:
10/01/2021
Last Modified:
9/05/2024
Overview
Description
Listing Details MLS# 172242
Location Info
- Type
- Commercial
- Major Area
- Aspen
- Area
- 01-Central Core
- Asking Price
- 8445000
- Original List Price
- 8445000
- Street #
- 625
- Street Direction Pfx
- E
- Street Name
- Main
- Street Suffix
- Street
- Address 2/Unit #
- 101 & 102
- City/Town
- Aspen
- State/Province
- CO
- Postal Code
- 81611
Keywords Info
- Total Building SqFt
- 10,001 - 20,000
- Association Dues
- Yes
- Association Fee
- 47837.76
- Association Fee Frequency
- Annually
Listing Info
- REO
- No
- Member Association
- Aspen Association
General Info
- Sub/Loc
- 625 Main Street Condo
- County
- Pitkin
- Legal
- Subdivision: 625 MAIN STREET CONDO Unit: 101 & 102 DESC: COMMERCIAL
- Zoning
- Commercial
- Total SqFt
- 6242
- Business Name
- UPS/MasonMorse/Amen Wardy
- Inventory
- No
- Parcel #
- 273707332035
- Year Built
- 2012
- Directions
- Main Street across from Concept 600.
Financing Info
- Metro Tax District
- No
- Taxes
- 70793.52
- Tax Year
- 2021
- Transfer Tax
- Yes
- HOA Dues
- 6500
- Total HOA Fee Per Year
- 47837.76
Status Change Info
- Under Contract Date
- 2022-08-22
- Proposed Close Date
- 2022-12-20
- Sold Date
- 2022-12-22
- Sold Price Per/SF
- 1352.93
- How Sold
- Conventional
More Information
Remarks
- Public Remarks
- Excellent commercial investment opportunity in the downtown core of Aspen. High exposure retail location on Main Street in a Class A Commercial Building. These commercial condominium units feature high ceilings, 4 on-site garage parking spaces, and top quality steel and concrete construction. Solid cap rate potential with current tenants and income in place with potential to increase revenue. Newer construction that is priced below replacement cost!
Allowable Uses
- Office
- Yes
- Retail
- Yes
Construction
- Concrete
- Yes
- Steel Frame
- Yes
Parking
- 1 - 5 Spaces
- Yes
- Parking Garage
- Yes
Occupant
- Tenant Occupied
- Yes
Possession
- DOD
- Yes
Property Features
Allowable Uses:
Office; Retail
Construction:
Concrete; Steel Frame
Parking:
1 - 5 Spaces; Parking Garage
Occupant:
Tenant Occupied
Possession:
DOD
Documents
625 Main 101 & 102 Floor Plan ›
Listing Office:
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: September - 05 - 2024
Broker Attribution:
(970) 925-6060
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