312 S Galena Street, Aspen, CO 81611
$85,000,000
Property Type:
Commercial Sale
Square Footage:
8,826
Lot Size (sq. ft.):
2,820
Status:
Active
Current Price:
$85,000,000
List Date:
10/23/2025
Last Modified:
7/03/2026
Overview
Description
Listing Details MLS# 190579
Location Info
- Inside City Limits
- Yes
- Condominiumized
- No
- Zoning City
- Aspen
- Zoning County
- Pitkin
- Type
- Commercial
- Major Area
- Aspen
- Area
- 01-Central Core
- Asking Price
- 85000000
- Original List Price
- 85000000
- Street #
- 312
- Street Direction Pfx
- S
- Street Name
- Galena
- Street Suffix
- Street
- City/Town
- Aspen
- State/Province
- CO
- Postal Code
- 81611
Keywords Info
- Total Building SqFt
- 5,001 - 10,001
- Association Dues
- No
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
- Subdivision: CITY AND TOWNSITE OF ASPEN Block: 95 Lot: K AND:- Lot: Thru M N. 32' OF K & L, N. 30' OF M
- Zoning
- Commercial
- Lot SqFt
- 2820
- Nbr of Acres
- 0.06
- Stories
- 4
- Total SqFt
- 8826
- Unit SqFt
- 8826
- Parcel #
- 273718224009
- Year Built
- 1900
- Year Remodeled
- 2001
- Directions
- 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.
Financing Info
- Metro Tax District
- No
- Taxes
- 256634
- Tax Year
- 2025
- Transfer Tax
- Yes
More Information
Remarks
- Public Remarks
- 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.
Current Use
- Other
- Retail
Property Features
Allowable Uses:
Hospitality; Hotel/Lodge; Office; Restaurant/Bar; Retail
Construction:
Brick; Steel Frame
Roof:
Other
Electric:
Yes
Water:
Public
Sanitation:
Sewer
Parking:
Street Parking
Extras:
ADA Compliant; Elevator; Fire Alarm; Fire Sprinkler Sys; Fireplace; Restrooms; Security System; Smoke Detectors; Storage
Location Amenities:
High Traffic Loc; View
Occupant:
Tenant Occupied; 3 - 5 Years
Disclosures:
Reports Available
Documents on File:
Appraisal; Leases; Rent Roll
Terms Offered:
Cash
Sign:
No
Possession:
DOD; Subject to Lease
Documents
Floor Plans ›
Listing Office:
Compass Aspen
Last Updated: July - 03 - 2026
Broker Attribution:
970-925-6063
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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