USD $1,440,450

710 E Durant Avenue W-5, Aspen, CO, 81611, US

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Listing Courtesy of Zenith Realty Advisors LLC

MLS#: 182834

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 November 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. GREAT OPPORTUNITY FOR INVESTOR SEEKING A 1031 EXCHANGE

Association
Yes
Association Fee
$1,325/Month
Year Built
1987
Tax Annual Amount
$8,406
County
Pitkin
Subdivision
Durant Mall Condo

Property Details

Interior Features
Utilities
Water Source
Public
Construction
Property Type
Commercial Sale
Year Built
1987
Building Area Total
873

Location

CO
Aspen
81611
Pitkin
710 E Durant Avenue W-5

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This payment calculator provided by Engel & Völkers and is intended for educational and planning purposes only. * Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

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