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Klug Properties

411 S Monarch Street Unit C-1

Aspen, CO 81611

0

Baths

2,952

Sq Ft

$3,200,000

411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 1
411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 2
411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 3
411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 4
411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 5
411 S Monarch Street Unit C-1, Aspen, CO 81611 - Photo 6
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411 S Monarch Street Unit C-1

Aspen, CO 81611

Located in The Dancing Bear Residences in downtown Aspen, Colorado, this class A restaurant space is just three blocks from the Aspen Mountain Gondola. The Investment offers an excellent opportunity to own a stabilized, income-driven, commercial space with a seasoned operator with over 10 years of historical tenancy. The current tenant is The Monarch Steak House, a fine dining restaurant operated by CP Restaurant Group. The current lease expires in September 2025, but may be extended by two, five-year extension options -the second at market terms. Offering Memorandum is available after executi...

MLS #166427
TypeCommercial
Year Built2009
Lot Size0.07 Acres
SubdivisionDancing Bear Residences
Days on Market2099

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Details

Listing Overview

Listing Price
$3,200,000
MLS #
166427
Status
Sold
Listed
September 4, 2020
Days on Market
2099

Essential Info

Lot Size
0.07 Acres
Bathrooms
0
Sq. Ft.
2,952
Property Type
Commercial
Built
2009
Subdivision
Dancing Bear Residences
Area
01-Central Core
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Listed by Lex Tarumianz with Aspen Snowmass Sotheby's International Realty - Hyman Mall

MLS# 166427 — Listing information is deemed reliable but not guaranteed. All measurements and square footage are approximate.