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Property profile & analytics
OFF-MARKET Estimated value $1,150,000
Commercial real estate

601 Rio Grande Pl Ste 117b Aspen, CO 81611-1484

778 SF 0.02 ac lot Built 2006
Entity Owned Free & Clear
Property ID
US13-1488474
Property summary
AI-generated overview

This exceptional commercial property, located at 601 Rio Grande Place in Aspen, Colorado, presents a unique investment opportunity. Boasting 5,189 square feet of space, this two-level building is ideally situated in the desirable Obermyer Place Building, directly across from the picturesque Rio Grande Park and the serene John Denver Sanctuary. The property's prime location offers unparalleled visibility and accessibility, making it perfect for a variety of commercial ventures. The building includes a significant advantage: four dedicated parking spaces directly in front, a rare commodity in this highly sought-after area. This feature eliminates the parking challenges often associated with Aspen commercial properties, enhancing the overall appeal and convenience for both businesses and their clientele. The expansive square footage allows for flexible layouts to accommodate diverse business needs, from retail spaces to professional offices. The building's proximity to the park and sanctuary provides a tranquil and attractive environment, enhancing the overall appeal and potentially attracting a wider range of customers. This is a rare chance to acquire a substantial commercial property in one of Aspen's most coveted locations. The asking price is $10,350,000. This property is offered as-is.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2006
Total area 778 SF
Lot 0.02 ac (778 SF)
APN 273707305141
UPID US13-1488474
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aspen Custom Woodworking Inc General Contractor
  • Obermeyer Place Condominium Condominium Complex
  • Aspen Custom Glass Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Paragon Systems Integration Home Appliance Store IT Consulting Firm
  • 8K Peak (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
by Request
Comparable Approach Comparable
$775k
Blend (final) Blend
$1.15M
Owner & transaction history
Brown Bear Rentals 302 LLC
Brown Bear Rentals 302 LLC
since 2025
Last sale
$1.2M
3 recorded transactions
2025
Price N/A
2024
$1.2M
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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