710 Durant Ave Ste W-10 Aspen, CO 81611-2070
This exceptional 873-square-foot office space at 710 Durant Avenue, Unit W-5, Aspen, CO presents a rare investment opportunity. Located just one block from the Aspen Mountain gondola, this property boasts stunning north-facing views of Red Mountain and Smuggler Mountain. The building underwent a complete renovation in 2017, ensuring modern amenities and excellent condition. The unit offers convenient elevator access and secure below-grade parking. Currently leased until November 2027 at a below-market rate, this property generates a substantial annual income of $40,467, with a built-in 3% annual rent escalation clause. The tenant is responsible for all HOA fees, real estate taxes, and operating expenses, minimizing the owner's ongoing responsibilities. This turnkey investment is ideal for those seeking a strong return on investment and presents a compelling opportunity for a 1031 exchange. The property's prime location, coupled with its secure lease and attractive financial projections, makes it a highly desirable asset in the competitive Aspen market. Don't miss this chance to acquire a piece of Aspen's thriving commercial real estate landscape.
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Jour De Fête Take-out & Catering Catering Service
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Ajax Salon & Spa Hair Salon Nail Salon
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Super Relax Spa Nail Salon
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Alpha Security Security Service
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Aspen Grog Shop- Order Online! (Bike/Boat/Book/etc) Store Wine and Liquor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.