Sotheby's International Realty - Aspen, CO

Sunny 9,000 sq ft corner lot with classic Victorian home with great development potential. Lot split in place (2 lots conveyed together). Mixed Use Zoning allows a wide range of Commercial or Residential usages. Lot 1, 4,000 sq ft allows Residential or Commercial of 894 sf residential dwelling. 3 remaining TDR’s which may be sold or leave as green open lawn area. Lot 2, 5,000 sq ft, Residential use allows a maximum of 2,868 sq ft build out or an additional 518 sq ft to existing home. The home is currently used as a Commercial building allowing a 1:1 build out with an additional 2,654 sq ft allowed to be built plus 2 TDR’s that may be sold to lower the cost basis. Approximate asking price for City of Aspen TDR’s is $200,000) PLEASE REFER TO 8-7-2018 UPDATED DEVELOPMENT ANALYSIS IN “DOCUMENT” SECTION ATTACHED. Additional areas such as decks, garages, and subgrade areas are exempt from floor area calculations. Well located in Aspen’s prestigious West End. Walk into town or the Music Tent/Aspen Institute. Conveniently located on city and ski bus lines, biking and walking trails, located in the Aspen School District. Call Evan for questions and personal tour.