406 Hopkins Ave Aspen, CO 81611-3428
This exceptional 1,694-square-foot retail storefront at 406 E Hopkins Avenue in Aspen, Colorado, presents a unique investment opportunity. Located in a historic building, this single-tenant space boasts impressive features including extremely high vaulted ceilings and large windows, maximizing natural light and creating an inviting atmosphere. Its prime location on Hopkins Avenue, near the intersection with Mill Street, places it in the heart of Aspen's vibrant commercial district. The property benefits from high foot traffic, being adjacent to the prestigious Peter Lik Gallery and the Isis Theater, and within close proximity to Aspen's renowned restaurant row and numerous luxury retailers. Recently renovated in 2023, the space is zoned CC (Pitkin County). A sublease opportunity is available, commencing Spring 2025 and extending through August 31, 2032. The base rent is $45,173 per month, with additional CAM charges of $6,776 per month, resulting in a total gross rent of $51,950 per month. This property offers an unparalleled chance to establish a thriving business in one of Colorado's most desirable locations. The zip code is 81611.
-
BTM Cinemas Isis Theatre Cinema Theater & Performing Art Venue
-
DIOR Aspen Clothing Store Women'S Clothing Store
-
DanceAspen Theater & Performing Art Venue Training Center
-
C C Aspen LLC Church
-
LIK Fine Art Aspen Artist Art Dealer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.