The big deal: Delice Building reels in $4.8 million
ASPEN The Delice Building in downtown Aspen recently fetched $4.8 million from a Grand Junction buyer, jumping in price by more than $2 million in less than two years.Worth noting: The building was remodeled in 2004. Local eatery New York Pizza and Billabong, a national retailer, have long-term leases. The seller bought the building on Aug. 31, 2005, for $2.75 million. The building was built in 1960.Sale price: $4.8 millionSeller: 409 East Hyman LLCBuyer: P & L Properties LLC of Grand JunctionAddress: 409 E. Hyman Ave., AspenSubdivision: Commercial A CoreTotal area: 3,920 square feetCharacteristics: Two floors plus basement, parking in back.Year built: 1960Property taxes: $12,444 in 2006The big deal is a weekly feature of the Inside Business section of The Aspen Times on Tuesdays.
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: The Colorado Department of Transportation gives Aspen’s roundabout a poor grade in terms of level of service so it’s thinking about making changes. But first, a study or two must be done.