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    601 Rio Grande Pl Aspen, CO 81611

    For Sale
    $10,350,000

    High-demand Aspen commercial space, park views.

    Property size:
    5,189 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property, located at 601 Rio Grande Place in Aspen, Colorado, presents a unique investment opportunity. Boasting 5,189 square feet of space, this two-level building is ideally situated in the desirable Obermyer Place Building, directly across from the picturesque Rio Grande Park and the serene John Denver Sanctuary. The property's prime location offers unparalleled visibility and accessibility, making it perfect for a variety of commercial ventures. The building includes a significant advantage: four dedicated parking spaces directly in front, a rare commodity in this highly sought-after area. This feature eliminates the parking challenges often associated with Aspen commercial properties, enhancing the overall appeal and convenience for both businesses and their clientele. The expansive square footage allows for flexible layouts to accommodate diverse business needs, from retail spaces to professional offices. The building's proximity to the park and sanctuary provides a tranquil and attractive environment, enhancing the overall appeal and potentially attracting a wider range of customers. This is a rare chance to acquire a substantial commercial property in one of Aspen's most coveted locations. The asking price is $10,350,000. This property is offered as-is.

    Property Features for 601 Rio Grande Pl

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,189 SF

    Building Details

    Year Built
    2006
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aspen Custom Woodworking ... Woodworker Obermeyer Place Condominium Condominium Complex Aspen Custom Glass Auto Glass Shop Paragon Systems Integration Home Automation Company 8K Peak Sporting Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Aspen
    County
    Pitkin
    State
    Colorado
    Longitude
    -106.8159
    Latitude
    39.19067

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    FAQs

    What type of property is this?
    Commercial real estate - High-demand Aspen commercial space, park views.
    Where is this commercial real estate located?
    The property is located at 601 Rio Grande Pl Aspen, CO.
    What is the asking price?
    The asking price for this property is $10,350,000.
    (970) 379-4451
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    601 Rio Grande Pl 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
    601 Rio Grande Pl Aspen, CO 81611
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