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Listed by Compass Aspen
$ 85,000,000
Est. payment /mo
Active
312 S Galena Street Aspen, CO 81611
8,826 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,826 sqft
Price per Sqft $9,630
Subdivision Townsite Of Aspen
MLS Listing ID 190579
Year Built 1900
Annual Tax Amount $203,327
Tax Year 2024
Lot Size 2,820 Sqft
Acres 0.06
Property Sub-Type Commercial
Source Aspen Glenwood MLS
Property Description
A rare opportunity to acquire one of Aspen's most iconic commercial properties, 312 S. Galena Street, a historic, four-level asset situated in the core of this globally recognized luxury destination.
Currently secured by a long-term lease with one of the world's most prestigious luxury brands, this investment offers immediate, stable income and long-term value appreciation in one of the most supply-constrained and resilient markets globally. Beyond its current performance, the property offers significant upside through future repositioning at market rents, reflecting Aspen's accelerating demand and premium lease rates.
This is more than a prime property; it's a legacy asset for the investor with vision, seeking to preserve generational wealth in a premier global market. Properties of this historic significance and strategic positioning rarely trade hands.
Currently secured by a long-term lease with one of the world's most prestigious luxury brands, this investment offers immediate, stable income and long-term value appreciation in one of the most supply-constrained and resilient markets globally. Beyond its current performance, the property offers significant upside through future repositioning at market rents, reflecting Aspen's accelerating demand and premium lease rates.
This is more than a prime property; it's a legacy asset for the investor with vision, seeking to preserve generational wealth in a premier global market. Properties of this historic significance and strategic positioning rarely trade hands.
Location
State CO
County Pitkin
Community Townsite Of Aspen
Area Aspen
Zoning Commercial
Direction Head east on E Main St toward S Mill St Turn right onto S Galena St. Building is on your left before the road curves into Cooper. PRADA is the tenant.
Interior
Interior Features Elevator
Exterior
Roof Type Other
Building
Water Public
Others
Tax ID 273718224009
Acceptable Financing Other, Cash
Listing Terms Other, Cash
