426 E Hyman Avenue, Aspen, CO 81611
sale
$26,500,000
|
Other
Courtesy Of Douglas Elliman Real Estate
A generational ownership opportunity in the heart of Aspen. 426 E. Hyman Ave presents a rare chance to acquire a landmark mixed-use asset on Aspen's iconic pedestrian mall -- a location that simply cannot be replicated. Spanning over 9,000 square feet across four levels, this legacy property combines premier street-level and upper-floor commercial space (6,800sf) with a stunning 2,317sf penthouse residence featuring four bedrooms and four bathrooms. The penthouse offers an exceptional live-work ownership option or a high-value residential income component to complement the commercial floors below. The property is currently anchored by two established tenants -- Overland Sheep and Escobar -- providing immediate, stable income from day one. The walking mall location delivers unmatched foot traffic from Aspen's year-round visitor base, ensuring sustained demand and long-term tenancy appeal that few commercial corridors in the country can match. Adding to its practicality and appeal, the property includes the rare benefit of off-street parking -- an exceptional amenity in Aspen's dense core, and a meaningful differentiator for both tenants and ownership. Whether held as a trophy income-producing asset, repositioned over time, or enjoyed as a flagship owner-use property, 426 E. Hyman represents the kind of irreplaceable real estate that defines a portfolio.
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Property Features
- Age: Over 50 Years Old
- Amenities: Basement
- Exterior Type: Frame
- Floors: 4
- Legal Description: SUBDIVISION: CITY AND TOWNSITE OF ASPEN BLOCK: 88 LOT: P
- MLSID: 192625
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