Commercial Sale · Active
Aspen, CO 81611
0 Baths · 9,117 Sq Ft
$26,500,000
Business
Property Type
0.06 acres
Lot Size
1969
Year Built
$2,907
Price per Sq Ft
192625
MLS #
About This Property
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.
173 days on market
Listed by Riley Warwick · Douglas Elliman Real Estate-Durant · (970) 925-8810
Property Details
| Property Type | Commercial Sale |
| Sub Type | Business |
| Status | Active |
| Price per Sq Ft | $2,907 |
| Subdivision | None |
| MLS # | 192625 |
| Days on Market | 173 |
| Year Built | 1969 |
| Lot Size (Sq Ft) | 3,000 |
| Acres | 0.06 |
| HOA Fee | $0 |
| Annual Taxes | $90,779 |
| Tax Year | 2025 |
| State | CO |
| County | Pitkin |
| Zoning | MultiUse |
| Basement | Finished |
| Construction | Frame |
| Water Source | Public |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 7/24/2026 |
Back on market Source: Aspen Glenwood MLS #192625 |
— |
| 7/24/2026 |
Listed for sale Source: Aspen Glenwood MLS #192625 |
$26,500,000 +75,614.3% $2,907/sqft |
| 6/23/2026 |
Active Under Contract Source: Aspen Glenwood MLS #192625 |
— |
| 7/14/2025 |
Listed for sale Source: Aspen Glenwood MLS #191904 |
$35,000 $4/sqft |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
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