109 AABC 500, Aspen, CO 81611
$4,275,000
beds
0
beds
0
beds
0

About This Property

MLS ID 156881

This Property Is No Longer On The Market

Rare investment opportunity at the Airport Business Center which includes the land, not on a land lease. The building sits on a 16,620 SF lot complete with 26 parking spaces and great hwy 82 frontage. CURRENT TENANT IS STAYING AND COMMITTING TO A 5 YEAR LEASE WITH A 5 YEAR OPTION. Net operating income of $240,000 in year one with 3% maximum annual increases, expenses paid by Tenant (NNN-taxes, insurance, CAMs (excluding HVAC and structure). Original Aspen train station which was relocated in the late 70s and has since been remodeled down to the studs with a new electrical and HVAC system (property has no historical designation).

INQUIRE ABOUT PROPERTY

Colter Hawkes Smith
Colter Hawkes Smith
970-309-2000
Colter@ChristiesAspenRE.com

Details

Foremost
Status
Closed
Address
109 AABC 500, Aspen, CO 81611
Location
Aspen
Area
West Aspen
Neighborhoood
Aspen Airport Business Center
Zoning
B2
Year Built
1979
Year Remodeled
1990
Measurements
Total SF
6,943
Acres
0.15
Lot Size
16,620
Feature Information
Property Condition
Good
Construction
Frame, Poured Concrete
Gas
Natural Gas
Water
City
Sanitation
Sewer
Extras
Fire Sprinkler Sys, High Speed Available, Smoke Detectors, Fire Alarm, Landscaped, Storage, Kitchen Area, Restrooms, Security System
Roof
Membrane, Metal
Mineral Rights
No
Water Rights
No
Location Amenities
Intersection, View, Corner Lot, High Visibility, High Traffic Loc, Highway Access
Finance Information
Taxes
$21,681.20
Tax Year
2017
Transfer Tax
No
REO
No
Foreclosure
No
Short Sale
No
Auction
No

Location