210 West Main Street

Aspen, CO 81611

$4,495,000
Price
Beds
7,500 Sq. Ft.
$599 / Sq. Ft.
7,500
Sq. Ft.
$599
per Sq. Ft.

Property Details for 210 West Main Street

StatusActive
Year Built-
DOM-
Compass Type-
MLS Type-
Lot Size0.14 AC / 6,000 SF
Taxes-
Condo/Co-op Fees-
HOA Fees-
CountyPitkin County

Description

REDEVELOPMENT PROPERTY WITH CONCEPTUAL HISTORIC PRESERVATION COMMISSION (HPC) 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 2017 Fee-in-Lieu values in the APCHA guidelines, the value of the Category 3 certificates generated from the project is $5,140,000.
This is a long term, income
... producing investment where 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 (mass, scale, site plan, height and parking) Approval from the Historic Preservation Commission, which has been received. The Growth Management Quota System application has been accepted as complete and a hearing date is scheduled in the coming months. That approval will be included when issued. All documents used to secure the approvals to date and Design Development construction plans are also included. The buyer would complete the Final Design Approval process at the Historic Preservation Commission - specifying materials, colors, landscape and architectural details prior to receiving a Development Order and submitting for a building permit.

Location

Building Information for 210 West Main Street

Stories-Residences-Year Built-Lot Size0.14 AC / 6,000 SF

Payment Calculator

$16,168 per month

30 year fixed, 3.51% Interest

Principal and Interest

$16,168

Property Taxes

HOA Dues

$0

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210 West Main Street is for sale in Aspen, CO 81611. 210 West Main Street is a 0-bed, 0-bath, 7,500 sqft.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.
All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period through 10/23/2019 10:41 AM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/14/2017 09:58 PM