$38,920,000
Snowmass, CO 81654
MLS# 1008906
43886 sqft
1 / 2
Property Description
The Snowmass Center is a grocery-anchored asset currently consisting of approximately 40,000 SF of commercial space including upper-level executive offices. The real estate is truly generational and presents an opportunity to own an asset unlike anything else in the world. Facing south, sweeping panoramic views make the Snowmass Center iconic in every sense of the word. -- Anchored by Clark's Market, the town's only grocery store along with the US Post Office, Hardware, Drug Store and dining options, The Snowmass Center is vital to the daily needs of residents and visitors to Snowmass. -- The Snowmass Center is situated directly across from the newly transformed Snowmass Base Village, offering direct lift access to the ski mountain as well as high-end lodging, dining, shopping, art, ice skating, and more. Snowmass Base Village also offers a luxury residential collection; all fully sold out and a complete success. -- Last, the Snowmass Center and adjacent land is fully entitled for a complete redevelopment to include 64 free-market luxury residential units, 10 restricted multifamily units and 58,000 SF of commercial space. This high-end revitalization, which has approval thru 2030, will cement The Snowmass Center as best in class.
Details
Location Info
Area: Out of Area
Complex/Subdivision: See Remarks
Property Subtype: Retail
Street #: 16
Street Name: Kearns
Street Suffix: Road
County: Pitkin
State/Province: CO
Zip Code: 81654
Keywords Info
Year Built: 1978
Lot Size Acres: 33
Lot Size Square Feet: 1437480
Lot Size Source: Plat
Finished Square Feet: 43886
Total SqFt: 43886
Sq Ft Source: Seller
Association YN: No
Air Conditioning: Yes
Listing Info
Listing Price: 38920000
List Price/SqFt: 886.84
Current Price: $38,920,000
Status: Active
Listing Date: 2024-02-05
Coop Compensation Amount: 1
Coop Compensation Type: %
General Info
Construction Status: Complete
Parcel Number: 2733-012-01-004
Schedule Number: R011799
Zoning Code: PUD/MU-2 (Snowmass
Metro District: No
Stories: 3
# Of Levels in Unit: 1
Entry Location: 3 levels
Garage: No
Freight Elevator: No
Mineral Rights: No
Passenger Elevator: Yes
Water Rights: No
Ground Lease: No
Loading Area: Dock
Agent/Office Info
Other Comm Rate: No
Financing Info
Current Tax Amount: 337972
Current Tax Year: 2023
Transfer Tax %: 1
Status Change Info
Status Change Date: 2024-02-03
Original List Price: 38920000
Property Features
Lease Type: NNN
Development Status: See Remarks
Distressed Property: None
Utilities Available: Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Snow Removal; Trash; Water Available
Heating: Natural Gas
Water Source: Public
Sewer: Sewer Connected
Construction: Frame
Foundation: Poured in Place
Roof: Synthetic
Geological Info: None Known
Documents: Building Plans; Soil Report
Assessments: None
Parking: Parking Lot
Possession: Delivery of Deed; Subject to Lease
Terms: 1031 Exchange; Cash; New Loan
Listing Office: Douglas Elliman Real Estate
Last Updated: February - 05 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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