Property Listing No Longer Available for Sale

710 E Durant Avenue , W-4, Aspen, CO

Others for Sale - $1,205,550 - 893 Sq. Ft.


Property Info

CIMLS#1123915
Location
  710 E Durant Avenue , W-4
  Aspen CO 81611
UpdatedOctober 17th, 2022
TypeOthers
Price$1,205,550
Building893 Sq. Ft.

Property Description

WELL LOCATED OFFICE OR SERVICE COMMERCIAL SPACE on 2nd floor with elevator access with views of views of Red Mtn. and Smuggler Mtn. just one block east of the Aspen Gondola. Income producing with four (4) years remaining on a 10-year lease. Lease currently at below market rent but with a 3% annual increase. EXCELLENT OPTION FOR INVESTOR LOOKING FOR A 1031 EXCHANGE. This space has an open space plan currently being used as a spa. Newly renovated common area and restrooms completed in 2017. The net annual rental income is $38,696 ($38.54/RSF). Garage parking spaces also available to buy or lease.


Financials


Similar Listings