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    1280 Ute Ave Aspen, CO 81611

    Sponsored
    For Sale
    $6,500,000

    Own a piece of Aspen's history! Seven offices, two storage units.

    Property size:
    3,043 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a chance to acquire one-third ownership of the prestigious Benedict Building, located at 1280 Ute Avenue in the heart of Aspen, Colorado. This unique commercial property encompasses a total of 3,043 square feet, strategically divided into seven individual office spaces and two convenient storage units. The building's prime location in Aspen offers unparalleled access to the vibrant downtown area, attracting a high volume of foot traffic and providing excellent visibility for any business. The property's layout is versatile, making it suitable for a variety of commercial uses, from professional offices to retail spaces. The asking price of $6,500,000 represents a significant investment in a highly sought-after Aspen location. This is a rare opportunity to own a piece of Aspen's commercial landscape, offering both immediate income potential and long-term appreciation. Further details regarding the individual office spaces and storage units are available upon request. Don't miss this chance to secure a piece of Aspen's thriving commercial market. This property is being offered as one-third ownership of the entire Benedict Building.

    Property Features for 1280 Ute Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,043 SF

    Building Details

    Year Built
    1976
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Ian Lowell Dentist Alfred Braun Hut ... Camping Cabin Dr. Teresa Salvadore Chiropractor 10th Mountain Division ... Non-Profit Organization Persiko Bo Family Counselor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Aspen
    County
    Pitkin
    State
    Colorado
    Longitude
    -106.8109
    Latitude
    39.18166

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    FAQs

    What type of property is this?
    Commercial real estate - Own a piece of Aspen's history! Seven offices, two storage units.
    Where is this commercial real estate located?
    The property is located at 1280 Ute Ave Aspen, CO.
    What is the asking price?
    The asking price for this property is $6,500,000.
    (970) 925-8810
    Request Owner's contact information
    1280 Ute Ave 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
    1280 Ute Ave Aspen, CO 81611
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