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What’s the Big Deal: Katie Reed Plaza lands $14.8 million

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The $14.8 million sale of Katie Reed Plaza, home to restaurants, office space, housing and the cottage building, was the most expensive transaction documented last week by the Pitkin County Clerk & Recorder's Office.
Anna Stonehouse/The Aspen Times

“What’s the Big Deal?” runs Mondays and is based on the most expensive property transaction recorded in Pitkin County through 3 p.m. each Friday.

Price: $14,830,265

Date recorded: Jan. 7

Address: 301 E. Hopkins Ave.


Neighborhood: Downtown Aspen

Buyer: 301 East Hopkins Avenue LLC

Seller: Katie Reed Building LLC

Property type: Commercial building with two deed-restricted housing units and historic cottage

Year built: 1995

Total heated area: 20,000-plus square feet

Worth noting: Purchase of what’s known as Katie Reed Plaza includes historic cottage building (built around 1890) and larger brick building that has restaurants, office space and housing units. New owner plans to redevelop main building.

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