Yvonne McAnally - Coldwell Banker Distinctive Properties
210 W Main Street
Aspen, CO 81611

$4,495,000

Description

REDEVELOPMENT PROPERTY WITH CONCEPTUAL HISTORIC PRESERVATION COMMISSION (HPC) AND PLANNING AND ZONING (P&Z) APPROVALS. The Conceptual Design Approval is for eight, two-bedroom deed restricted units per the Aspen Pitkin County Housing Authority (APCHA) rules. These approved voluntary units qualify for the City of Aspen Certificate of Affordable Housing program. Based on the 2018 Fee-in- Lieu values in the APCHA guidelines, the value of the Category 3 certificates generated from the project is $5,517,874. This is either a long term, income producing investment or sell the individual units at free market prices. The seller, a long time local architect, has completed the most difficult and time consuming part of the approval process. Included in the list price is the Conceptual Design Approval

Details

MLS#151196
Sub-TypeResale
StatusActive
Year2018
Days On Site344

Features

SQ Feet7,500
Story(s)0
ZoningMixed Use (MU)

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Area Information

StateCO
CountyPitkin
CityAspen
Zip Code81611
AreaAspen
Listing VS Median (in 81611)
Price:
$4,495,000
low | high
Med:
$230,000
100% of Average
SqFt:
7,500
low | high
Med:
1,519
100% of Average
$ / SqFt:
$599
low | high
Med:
$151
100% of Average
On Site:
344
low | high
Med:
318
100% of Average
Listing Updated: 09/20/2018
MLS Number: 151196
Listing Provided By:
Judy Sullivan  of  Compass

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Aspen Board of Realtors MLS.