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    312 S Galena St Aspen, CO 81611

    For Sale
    Contact for pricing

    COMMERCIAL - Aspen, CO

    Property size:
    8,826 SF
    Lot size:
    0.06 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 312 S Galena St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    Commercial
    APN
    273718224009
    Interior features
    Elevator
    Basement
    Finished
    Accessibility
    Accessible Elevator Installed
    Size
    8,826 SF
    Lot size
    0.06 Acres

    Utilities

    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    4
    Building materials
    Steel Frame, Brick

    Compass Colorado LLC (970) 925-6063 [email protected]

    Listing agent Steven Shane (970) 925-6063

    Listing date Oct 27, 2025

    Copyright © 2025 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Aspen Commercial Property

    Located in the core of Aspen, Colorado, the commercial property at 312 S. Galena Street represents a rare opportunity to acquire an iconic, historic, four-level asset. The property, situated in a globally recognized luxury destination, is currently secured by a long-term lease with a prestigious luxury brand. This arrangement provides immediate, stable income. The property consists of 8,826 square feet and is located on a lot of approximately 0.06 acres. The property offers significant upside through future repositioning at market rents, reflecting Aspen's accelerating demand and premium lease rates. The commercial zoning allows for various business uses. This property is positioned as a legacy asset for investors seeking to preserve generational wealth in a premier global market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Prada Aspen Cosmetics Store

    Suggested Use

    Law Firm Restaurant Dental Office Hair Salon Spa & Massage Realty agency Nail Salon Building Supply Daycare Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sashae Floral Arts & Gifts, Flower + Vine, Colorful Colorado Gardens

    Location Insight

    • Map
    • Local Demand
    City
    Aspen
    County
    Pitkin
    State
    Colorado
    Longitude
    -106.818475
    Latitude
    39.188305

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    FAQs

    What type of property is this?
    Storefront property - Four-level historic commercial property in Aspen's core, leased to luxury brand.
    Where is this storefront property located?
    The property is located at 312 S Galena St Aspen, CO.
    What is the asking price?
    The asking price for this property is $85,000,000.
    What are key features of this property?
    This property features: - Prime location in the core of Aspen, a globally recognized luxury destination.; - Secured by a long-term lease with a prestigious luxury brand, providing immediate, stable income.; - Significant upside potential through future repositioning at market rents.
    (970) 925-6063
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    312 S Galena St Aspen, CO 81611
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    312 S Galena St Aspen, CO 81611
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