What’s the Big Deal: Downtown Aspen restaurant space sells for $17 million

What’s the Big Deal runs Mondays is based on the prior week’s most expensive property transaction recorded in the Pitkin County Clerk and Recorder’s Office.

Price: $17 million

Date recorded: Aug. 2

Buyer: CT Aspen Propco (jointly controlled by Reuben Brothers and Fountainebleau Development)

Seller: Guidos Swiss Inn LLC

Address: 403 S. Galena St.

Neighborhood: Downtown Aspen, “A Core”

Property type: Commercial

Year built: 1950; rebuilt in 1992

Total heated area: 4,300 square feet

Lot size: 6,207 square feet

Assessor’s office actual value: $9,724,900

Assessor’s office assessed value: $2,820,220

Property tax bill: $104,150

Source: Assessor’s Office and Clerk & Recorder’s Office, Pitkin County