1451 Park Avenue, Park City, UT 84060 (MLS# 12104140)


$10,800,000
1451 Park Avenue
Park City, UT 84060
MLS# 12104140
8560 sqft


1451 Park Avenue, Park City, UT 84060
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Property Description
The Alpenhof Condominium complex in the heart of Park City's Old Town has never been on the market before. It's a legacy property. Purchase this and from the first day you own it, ready to go for this years ski season. It comes fully furnished. Or you can turn it into a luxury ski lodging for employees, friends and family. There's an upside in the development potential that we'd love to talk to you about: a flat piece of land with the current parking lot on it that comes with the sale. This is a prime location for anyone who wants to experience Park City. Just 100 steps out the front door to Park City Ski Mountain, the complex is located on Park Ave, the same route as the 4th of July Parade and Miners Day parades, plus it's on the free bus route and within walking distance to Main Street restaurants, shopping and the City Park. Made up of 10 condos including 1 x 3 bedrooms, 6 x 2 bedrooms, and 3 x 1 bedroom all with their own kitchen and living spaces. There's a storage locker for every condo along with a laundry facility and a spa / hot tub area for all residents. This purchase includes the rare opportunity to acquire 9 tax parcels ID's to maximize what you can do with it as an investment.

Details
Maps
None
Current Price: $10,800,000
Location Information
Street Number: 1451
Street Name: Park
Street Suffix: Avenue
State/Province: UT
Zip Code: 84060
County: Summit
Geographic Area: Park City
Major Area: Park City Limits
Area: 01 - Old Town
Contract Info
PC Soil Ordinance: No
Date Listing Effective: 2021-10-13
List Price: $10,800,000
Listing & Compensation
Owner is Licensee: No
Property Info
Tax ID: Alp-1
Apx Taxes: 4446
Tax Year: 2020
Building Name: Alpenhof
Legal Description: UNIT 1 ALPENHOF CONDO IN SEC 9TSR4ETOGETHER WITH AN UND 15.081% INT IN COMMON AREA M274-410 443-229 443-230551-319 631-801 (REF:1070-711) 1070-710 1070-742 1286-964
Construction New: No
Apx Year Built: 1978
Size of Building/Office/Lot
Apx SqFt Total: 8560
Source of Measurements: Public Records
Apx Acres: 0.2
Source of Lot Measurements: Public Records
Remarks & Misc
Remarks - Public Headline: Own an Entire 10 Unit Condo Complex Steps from Park City Ski Mountain - Fully Furnished
Remarks - Public: The Alpenhof Condominium complex in the heart of Park City's Old Town has never been on the market before. It's a legacy property. Purchase this and from the first day you own it, ready to go for this years ski season. It comes fully furnished. Or you can turn it into a luxury ski lodging for employees, friends and family. There's an upside in the development potential that we'd love to talk to you about: a flat piece of land with the current parking lot on it that comes with the sale. This is a prime location for anyone who wants to experience Park City. Just 100 steps out the front door to Park City Ski Mountain, the complex is located on Park Ave, the same route as the 4th of July Parade and Miners Day parades, plus it's on the free bus route and within walking distance to Main Street restaurants, shopping and the City Park. Made up of 10 condos including 1 x 3 bedrooms, 6 x 2 bedrooms, and 3 x 1 bedroom all with their own kitchen and living spaces. There's a storage locker for every condo along with a laundry facility and a spa / hot tub area for all residents. This purchase includes the rare opportunity to acquire 9 tax parcels ID's to maximize what you can do with it as an investment.
Status Change Info
Status: Active
Parking Type
Parking Spaces: 10
Property Features
Terms Offered: Cash; Conventional
Business Type: Other
Sale Includes: Building; Land
Building Style: Multi-Story
Exterior: Frame; Wood Siding
Foundation: Concrete Perimeter; Concrete Slab
Roof: Asphalt; Shingle
Utilities: 220 Volt Power; Cable Available; Electricity Connected; High Speed Internet Available; Natural Gas Connected
Transportation: Bus Service; Curb & Gutter; Road - Paved; Sidewalk
Water: Public
Sewage: Public Sewer
Heating: Forced Air; Natural Gas
Cooling: None
Equipment: Smoke Alarm; Thermostat - Programmable; Water Heater - Gas
Parking Type: Private
Features: High Visibility; Restrooms - Private
Included in CAM: None
Disability Features: None
Own/Land Pays: None
Showing Instructions: See Confidential Remarks

Listing Office: Engel & Voelkers Park City

Last Updated: October - 14 - 2021

The multiple listing information is provided by the Park City MLS, Inc., from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2020 Park City MLS, Inc. All Rights Reserved. Access to the multiple listing information through this website is made available by the listing broker as a member of the Park City Multiple Listing Service, Inc.