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Listed by Zenith Realty Advisors LLC
$ 1,440,450
Est. payment | /mo
873 SqFt
$ 1,440,450
Est. payment | /mo
873 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 873 sqft
Price per Sqft $1,650
Subdivision Durant Mall Condo
MLS Listing ID 182834
HOA Fees $1,325/mo
Year Built 1987
Annual Tax Amount $8,406
Tax Year 2024
Property Sub-Type Commercial
Source Aspen Glenwood MLS
Property Description
RARE OPPORTUNITY to purchase a well-located office space just one (1) block east of the gondola base area of Aspen Mtn. Views north toward Red Mountain and Smuggler Mtn. Elevator access and below grade parking garage. Building was completely renovated in 2017. Currently leased through September 30, 2027 at below market rent. Current annual income is $40,467 w/ 3% annual rent escalation with tenant paying all HOA, real estate taxes and other expenses. Tenant has option to extend lease for another 5-years. GREAT OPPORTUNITY FOR INVESTOR SEEKING A 1031 EXCHANGE
Location
State CO
County Pitkin
Community Durant Mall Condo
Area Aspen
Zoning Mixed Use
Direction This commercial office space is located on the 2nd floor of the West Building at 710 E Durant Avenue next to City Market between Spring and Original Streets.
Interior
Interior Features Elevator
Building
Water Public
Others
Tax ID 273718242008
Acceptable Financing Other, Cash
Listing Terms Other, Cash
