426 E Hyman Avenue,Aspen, CO 81611
Aspen, CO 81611
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.
Details
| MLS # | 192625 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 129 |
| Listing Provided By | Douglas Elliman Real Estate-Durant | Riley Warwick |
Features
| SQ Feet | 9,117 |
|---|---|
| Basement | Y |
| Story(s) | 4 |
| Zoning | MultiUse |
| Acreage | 0.06 |
Taxes
| Property | 90778 |
|---|
Area Information
| State | CO |
|---|---|
| County | Pitkin |
| City | Aspen |
| Zip Code | 81611 |
| Area | Aspen |
| Listing VS Median (in 81611) | |
Price: $26,500,000 low | high Med: $95,000 sqft: 9,117 low | high Med: 3,924 $ / sqft: $2,907 low | high Med: $24 On site: 129 low | high Med: 2544.5 | |
Market Activity 81611
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Learn More About This Property
| State | CO |
|---|---|
| County | Pitkin |
| City | Aspen |
| Zip Code | 81611 |
| Area | Aspen |
| Listing VS Median (in 81611) | |
Price: $26,500,000 low | high Med: $95,000 sqft: 9,117 low | high Med: 3,924 $ / sqft: $2,907 low | high Med: $24 On site: 129 low | high Med: 2544.5 | |
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