Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Cinema Theater & Performing Art Venue
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Clothing Store Women'S Clothing Store
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Theater & Performing Art Venue Training Center
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Church
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Artist Art Dealer
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
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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
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Property tax & assessments
Tax year 2023Property 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