Sotheby's International Realty - Aspen, CO

9,000 sf sunny corner lot is home to a Classic Historic single family residence offering great development potential. Lot split is in place (2 lots conveyed together). Mixed Use Zoning allows a wide range of Residential or Commercial usages. TDR's available for Lot 1. Parking for 3 cars. Lot 1, 6,000 sf, currently a single family residence and garage, allows an additional 1,273 square feet addition plus a possible 500 sf bonus from HPC. There are 5 TDR's that may be sold to help lower the cost basis. Lot 1 may change usage to Commercial or multi-family. Both uses allow a 1:1 ratio or up to 6,000 square feet. Lot 2, 3,000 sf, allows a Residential or Commercial dwelling of 670 sf. Additional areas such as decks, garages, and subgrade areas are exempt from floor area calculations. Approximate asking price for City of Aspen TDR's is $200,000. Walk to downtown Aspen and the Music Tent/ Aspen Institute. Conveniently located on city and ski bus lines, biking and walking trails, and in the Aspen School District.