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.

"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

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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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