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Listed by Douglas Elliman Real Estate-Durant
$ 26,500,000
Est. payment /mo
Active
426 E Hyman Avenue Aspen, CO 81611
9,117 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,117 sqft
Price per Sqft $2,906
MLS Listing ID 192625
Year Built 1969
Annual Tax Amount $90,778
Tax Year 2025
Lot Size 3,000 Sqft
Acres 0.06
Property Sub-Type Commercial
Source Aspen Glenwood MLS
Property Description
A generational ownership opportunity in the heart of Aspen. 426 E. Hyman Ave presents a rare chance to acquire a landmark mixed-use asset on Aspen's iconic pedestrian mall -- a location that simply cannot be replicated.
Spanning over 9,000 square feet across four levels, this legacy property combines premier street-level and upper-floor commercial space (6,800sf) with a stunning 2,317sf penthouse residence featuring four bedrooms and four bathrooms. The penthouse offers an exceptional live-work ownership option or a high-value residential income component to complement the commercial floors below.
The property is currently anchored by two established tenants -- Overland Sheep and Escobar -- providing immediate, stable income from day one. The walking mall location delivers unmatched foot traffic from Aspen's year-round visitor base, ensuring sustained demand and long-term tenancy appeal that few commercial corridors in the country can match.
Adding to its practicality and appeal, the property includes the rare benefit of off-street parking -- an exceptional amenity in Aspen's dense core, and a meaningful differentiator for both tenants and ownership.
Whether held as a trophy income-producing asset, repositioned over time, or enjoyed as a flagship owner-use property, 426 E. Hyman represents the kind of irreplaceable real estate that defines a portfolio.
Spanning over 9,000 square feet across four levels, this legacy property combines premier street-level and upper-floor commercial space (6,800sf) with a stunning 2,317sf penthouse residence featuring four bedrooms and four bathrooms. The penthouse offers an exceptional live-work ownership option or a high-value residential income component to complement the commercial floors below.
The property is currently anchored by two established tenants -- Overland Sheep and Escobar -- providing immediate, stable income from day one. The walking mall location delivers unmatched foot traffic from Aspen's year-round visitor base, ensuring sustained demand and long-term tenancy appeal that few commercial corridors in the country can match.
Adding to its practicality and appeal, the property includes the rare benefit of off-street parking -- an exceptional amenity in Aspen's dense core, and a meaningful differentiator for both tenants and ownership.
Whether held as a trophy income-producing asset, repositioned over time, or enjoyed as a flagship owner-use property, 426 E. Hyman represents the kind of irreplaceable real estate that defines a portfolio.
Location
State CO
County Pitkin
Area Aspen
Zoning MultiUse
Direction On Hyman Walking Mall
Building
Water Public
Others
Tax ID 273707339010
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