Versatile Retail or Office
26497 Conifer Road Aspen Conifer, CO 80433
26497 Conifer Road Aspen, Conifer, CO, 80433
$710,000
For Sale
$710,000
Built in 1961, this fully leased building offers versatile office or retail space and a new septic system.
Property Size3,734 SF
Price / SF$190.14
Days on Market154
Property Features for 26497 Conifer Road Aspen
General Information
- Standard status
- Active
- Size
- 3,734 SF
- Property subtype
- Multi Tenant Office
Building Details
- Year Built
- 1961
Listing agency
Evergreen Commercial Group LLC
(303) 838-2000
Listed by
William Downes · License #FA40043918
(303) 838-2000
Source
Thebrokerlist
Added: Feb 18 Updated: Jul 22 at 2:31AM Checked: Jul 22 at 2:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Evergreen Commercial Group LLC
Investment Insights
Based on property information with market context.
26497 Conifer Road is a 3,734 SF commercial building built in 1961, currently fully leased and offered with versatile potential for office or retail use. The property sits on a well-parked lot and includes the added benefit of a new septic system.
Located in the Foothills area of Aspen Park, the building provides easy access from north and south Hwy 285 and sits at a key intersection over the highway. The site is also described as having great visibility from Conifer Rd, supporting straightforward customer and tenant access.
Zoned for commercial use, the property is primarily described as retail within the business center of Aspen Park, making it well suited for an owner looking for an income-producing, long-standing commercial asset.
Located in the Foothills area of Aspen Park, the building provides easy access from north and south Hwy 285 and sits at a key intersection over the highway. The site is also described as having great visibility from Conifer Rd, supporting straightforward customer and tenant access.
Zoned for commercial use, the property is primarily described as retail within the business center of Aspen Park, making it well suited for an owner looking for an income-producing, long-standing commercial asset.
Key Highlights
- 3,734 SF commercial building built in 1961 in the Aspen Park Foothills area
- Versatile office or retail use with commercial zoning
- Fully leased property
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.1k | $24.12 |
| − Vacancy | −$4.9k | −$1.30 |
| EGI | $85.2k | $22.82 |
| − OpEx | −$25.6k | −$6.85 |
| NOI | $59.6k | $15.97 |
3,734 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$852.0K
$745.5K – $994.0K
NOI $59,640 @ 7.0% cap · market cap 8.40%
Second Best
Office B
$718.9K
$629.0K – $838.7K
NOI $50,320 @ 7.0% cap · market cap 7.09%
Theoretical Best
Multifamily LT 5
$8.31M
$7.27M – $9.69M
NOI $581,665 @ 7.0% cap · market cap 81.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
High Country Barber ...
Barber Shop
Hairport 54
Hair Salon
Conifer Bike Shop
(Bike/Boat/Book/etc) Store
Happy Pups Grooming
Pet Grooming Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Built in 1961, this fully leased building offers versatile office or retail space and a new septic system.
Where is this retail space located?
The property is located at 26497 Conifer Road Aspen Conifer, CO.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: 3,734 SF commercial building built in 1961 in the Aspen Park Foothills area; Versatile office or retail use with commercial zoning; Fully leased property
