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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

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    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.
    (970) 948-0631
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    710 Durant 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
    710 Durant Ave Aspen, CO 81611
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