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Property profile & analytics
OFF-MARKET
Commercial real estate

710 Durant Ave Ste W-10 Aspen, CO 81611-2070

1,026 SF 0.02 ac lot Built 1975
Entity Owned Absentee Owner Free & Clear
Property ID
US13-0875618
Property summary
AI-generated overview

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 profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 1975
Total area 1,026 SF
Lot 0.02 ac (1,026 SF)
APN 273718242012
UPID US13-0875618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jour De Fête Take-out & Catering Catering Service
  • Ajax Salon & Spa Hair Salon Nail Salon
  • Super Relax Spa Nail Salon
  • Alpha Security Security Service
  • Aspen Grog Shop- Order Online! (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
CCI-ASPEN I
CCI-ASPEN I
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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