308 E Hopkins Avenue 101, 202, 203, 204, Ll1, Aspen, CO 81611 (MLS# 189701)

308 E Hopkins Avenue 101, 202, 203, 204, Ll1, Aspen, CO 81611

$10,500,000

Property Type: Commercial Sale Square Footage: 8,337 Lot Size (sq. ft.): 6,000 Status: Closed

Current Price: $10,500,000 List Date: 8/11/2025 Last Modified: 1/19/2026

Overview

Description

Opportunity to acquire a commercial income property in a prime downtown Aspen location on ''Restaurant Row''. Unit 101 with 2,678 SF is leased long-term to Sway Thai restaurant. Unit LL-1 with 3,868 SF is leased long-term to Hai Si restaurant. Units 202, 203 & 204 are affordable housing residential units leased annually to qualified APCHA tenants. Free market residential Penthouse units are NOT included.

Listing Details MLS# 189701

Location Info

Inside City Limits: Yes
Condominiumized: Yes
Zoning City: Aspen
Zoning County: Pitkin
Type: Commercial
Major Area: Aspen
Area: 01-Central Core
Asking Price: 10500000
Original List Price: 10500000
Street #: 308
Street Direction Pfx: E
Street Name: Hopkins
Street Suffix: Avenue
Address 2/Unit #: 101, 202, 203, 204, Ll1
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Keywords Info

Total Building SqFt: 5,001 - 10,001
Association Dues: Yes
Association Fee Frequency: Quarterly
Fee's $: TBD
Association Fee: 0

Listing Info

Occupant Type: Tenant
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association

General Info

Sub/Loc: Townsite of Aspen
County: Pitkin
Legal: 308 E Hopkins Avenue Condo units 101, LL-1, 202, 203, 204
Zoning: CC
Lot SqFt: 6000
Nbr of Acres: 0.14
Stories: 3
Total SqFt: 8337
Unit SqFt: 8337
Business Name: Sway Thai and Hai Si
Inventory: No
Parcel #: 27370329011
Year Built: 2009
Year Remodeled: 2024
Directions: On E Hopkins Avenue between Monarch Street and Mill Street in the middle of ''Restaurant Row''

Financing Info

Metro Tax District: No
Taxes: 65778.56
Tax Year: 2024
Transfer Tax: Yes
HOA Dues: 0
Total HOA Fee Per Year: 0

Status Change Info

Under Contract Date: 2025-10-14
Proposed Close Date: 2026-01-16
Sold Date: 2026-01-16
Sold Price Per/SF: 1259.45
How Sold: Cash

More Information

Remarks

Public Remarks: Opportunity to acquire a commercial income property in a prime downtown Aspen location on ''Restaurant Row''. Unit 101 with 2,678 SF is leased long-term to Sway Thai restaurant. Unit LL-1 with 3,868 SF is leased long-term to Hai Si restaurant. Units 202, 203 & 204 are affordable housing residential units leased annually to qualified APCHA tenants. Free market residential Penthouse units are NOT included.

Current Use

Other: APCHA residential units
Income: Yes
Restaurant: Yes

Units

Units: 5

Allowable Uses

Income: Yes
Mixed Use: Yes
Restaurant/Bar: Yes
Other: Yes

Construction

Block: Yes
Brick: Yes
Concrete: Yes
Steel Frame: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes

Gas

Natural Gas: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Elevator: Yes
Fire Alarm: Yes
Fire Sprinkler Sys: Yes
Kitchen Area: Yes
Smoke Detectors: Yes
Three-Phase Electric: Yes
ADA Compliant: Yes

Heating/Cooling

Central AC: Yes
Central Heating: Yes
Gas: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes
View: Yes

Documents on File

Financials: Yes
Leases: Yes
Rent Roll: Yes

Parking

Street Parking: Yes
None: Yes

Occupant

Tenant Occupied: Yes
5+ Years: Yes
Option to Renew: Yes
Escalations: Yes
Multiple Leases: Yes

Disclosures

Excluded Buyer: Yes
Rental/Deed Restrict: Yes

Terms Offered

Cash: Yes

Possession

Subject to Lease: Yes

Sign

No: Yes

Property Features

Allowable Uses: Income; Mixed Use; Restaurant/Bar; Other Current Use: Income; Restaurant Construction: Block; Brick; Concrete; Steel Frame Roof: Membrane Condition: Excellent Electric: Yes Gas: Natural Gas Water: Public Sanitation: Sewer Parking: Street Parking; None Extras: Three-Phase Electric; ADA Compliant; Elevator; Fire Alarm; Fire Sprinkler Sys; Kitchen Area; Smoke Detectors Location Amenities: High Traffic Loc; High Visibility; View Occupant: Tenant Occupied; 5+ Years; Option to Renew; Escalations; Multiple Leases Disclosures: Excluded Buyer; Rental/Deed Restrict Documents on File: Financials; Leases; Rent Roll Terms Offered: Cash Sign: No Possession: Subject to Lease

Listing Office: Setterfield & Bright

Last Updated: January - 19 - 2026

Broker Attribution: (970) 920-1833

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