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
Year Built
1979
Measurements
Total SF
6,943
Acres
0.15
Lot Size
16,620
Feature Information
Property Condition
Good

Location