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710 Durant Ave Aspen, CO 81611

For Sale
$1,440,450

Prime Aspen Office, High ROI Potential

Property size:
873 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
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.

Property Features for 710 Durant Ave

General Information

Property type
Other commercial real estate
Square Feet
873 SF

Building Details

Year Built
1987

Property Profile Location Intelligence

Current Use by Public Records

Jour De Fête Caterer Ajax Salon & Spa Beauty Salon Super Relax Spa Nail Salon Alpha Security Security System Supplier Aspen Grog Shop- ... Liquor Store

Suggested Use

Law Firm Restaurant Hair Salon Dental Office Spa & Massage Nail Salon Realty agency Food Market Grocery Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Aspen
County
Pitkin
State
Colorado
Longitude
-106.8163
Latitude
39.18703

FAQs

What type of property is this?
Commercial real estate - Prime Aspen Office, High ROI Potential
Where is this commercial real estate located?
The property is located at 710 Durant Ave Aspen, CO.
What is the asking price?
The asking price for this property is $1,440,450.
More about this property
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