What’s the Big Deal: Meyer Business Building in downtown Aspen sells for $23 million | AspenTimes.com

What’s the Big Deal: Meyer Business Building in downtown Aspen sells for $23 million

Staff report
The Meyer Business Building next to Casa Tua has been sold for $23 million. Casa Tua building was not involved in the sale.
Aspen Times file photo

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

Price: $23 million

Date recorded: Dec. 22, 2017

Address: 447 E. Cooper Ave., Aspen

Neighborhood: Downtown commercial core

Buyer: 447 East Cooper Avenue Holdings LLC

Seller: Meyer Business Building LLC

Property type: Commercial/residential

Year built: 1950

Total heated area: Residential, 6,589 square feet; commercial, 10,448 square feet

Property tax bill: $101,683.68

Worth noting: The sale comes after developer Mark Hunt’s deal to buy both the Casa Tua building, once home to Guido’s Swiss Inn, as well as the salmon-colored building next door for $35 million fell through earlier this year. The new owner, 447 East Cooper Avenue Holdings, formed in March, according to the Colorado secretary of state’s website.

Editor’s note: This story was updated to show the Casa Tua building was not included in the recent sale, just the Meyer Business building. 


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