Byrd Nelson - Coldwell Banker Distinctive Properties

Description

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).

Details

MLS#156881
Sub-TypeResale
StatusActive
Year1979
Days On Site27

Features

SQ Feet6,943
Story(s)0
ZoningB2

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Area Information

StateCO
CountyPitkin
CityAspen
Zip Code81611
AreaAspen
Listing VS Median (in 81611)
Price:
$4,275,000
low | high
Med:
$130,000
100% of Average
SqFt:
6,943
low | high
Med:
1,737
100% of Average
$ / SqFt:
$616
low | high
Med:
$75
100% of Average
On Site:
27
low | high
Med:
205
13.170731707317% of Average
Listing Updated: 12/11/2018
MLS Number: 156881
Listing Provided By:
Chris Flynn  of  Christies International Real Estate Aspen Snowmass

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