1280 Ute Ave Ste 29a Aspen, CO 81611-2259
This exceptional investment opportunity presents a chance to acquire one-third ownership of the prestigious Benedict Building, located at 1280 Ute Avenue in the heart of Aspen, Colorado. This unique commercial property encompasses a total of 3,043 square feet, strategically divided into seven individual office spaces and two convenient storage units. The building's prime location in Aspen offers unparalleled access to the vibrant downtown area, attracting a high volume of foot traffic and providing excellent visibility for any business. The property's layout is versatile, making it suitable for a variety of commercial uses, from professional offices to retail spaces. The asking price of $6,500,000 represents a significant investment in a highly sought-after Aspen location. This is a rare opportunity to own a piece of Aspen's commercial landscape, offering both immediate income potential and long-term appreciation. Further details regarding the individual office spaces and storage units are available upon request. Don't miss this chance to secure a piece of Aspen's thriving commercial market. This property is being offered as one-third ownership of the entire Benedict Building.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.