109 AABC 500, Aspen, CO 81611 (MLS # 151713)

Price $4,275,000
Status Active
Size 6,943 sq ft
Lot Size 6,534 sqft
Days on Market 328
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).
Property Type(s): Commercial
Last Updated 10/2/2018 Tract Aspen Airport Business Center
Year Built 1979 Community 01-West Aspen

Price History

Prior to Nov 22, '17 $5,250,000
Nov 22, '17 - Dec 21, '17 $4,950,000
Dec 21, '17 - Jul 11, '18 $4,595,000
Jul 11, '18 - Oct 2, '18 $4,375,000
Oct 2, '18 - Today $4,275,000

Additional Details

AREA 01-West Aspen
BASEMENT Crawl Space, Finished Basement, Slab, Yes
EXTERIOR Frame, Poured Concrete
HEAT Forced Air
LOT 6534 sq ft
LOT DESCRIPTION Corner Lot, High Traffic Loc, High Visibility, Highway Access, Intersection, View
PARKING 21 + Spaces
STYLE Commercial
SUBDIVISION Aspen Airport Business Center
TAXES 21681.20
UTILITIES Natural Gas, Electric



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