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