Property summary
This exceptional commercial property, located at 117 Spring Street, Units A & B in the heart of Aspen, Colorado, presents a rare investment opportunity. The property encompasses a total of 1,708 square feet of street-level commercial space, ideally situated for a variety of business ventures. Its downtown Aspen location ensures high visibility and foot traffic, making it an attractive proposition for businesses seeking a prominent presence in this vibrant and affluent community. The zoning regulations allow for a diverse range of commercial uses, providing flexibility for potential buyers. This presents a unique chance to acquire an entire building in a highly sought-after area. The property's prime location, combined with its versatile zoning, makes it an excellent investment for both established businesses and discerning investors seeking a high-return asset in a world-renowned destination. The building's street-level accessibility enhances its appeal to customers and ensures optimal visibility. This is a truly exceptional opportunity to own a piece of Aspen's thriving commercial landscape. For further details regarding zoning and permitted uses, interested parties are encouraged to conduct their own due diligence. This property is offered at $3,395,000. Additional information can be found under MLS #176578.
Property profile
VerifiedCap rate & NOI
Current use
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Tax Preparation
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Hair Salon Nail Salon
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Accounting Firm Tax Preparation
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Financial Advisor
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Insurance Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning