408 E Cooper Avenue, Aspen, CO 81611
$32,000,000
Property Type:
Commercial Sale
Square Footage:
13,419
Lot Size (sq. ft.):
5,411
Status:
Pending
Current Price:
$32,000,000
List Date:
10/28/2025
Last Modified:
4/22/2026
Listing Details MLS# 190626
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
- 32000000
- Original List Price
- 32000000
- Street #
- 408
- Street Direction Pfx
- E
- Street Name
- Cooper
- Street Suffix
- Avenue
- City/Town
- Aspen
- State/Province
- CO
- Postal Code
- 81611
Keywords Info
- Total Building SqFt
- 10,001 - 20,000
- Association Dues
- No
Listing Info
- Occupant Type
- Tenant
- Seller/Owner is Licensed
- Yes
- REO
- No
- Member Association
- Aspen Association
General Info
- Sub/Loc
- Townsite of Aspen
- County
- Pitkin
- Legal
- Subdivision: CITY AND TOWNSITE OF ASPEN Block: 89 Lot: LUnit: PT AND:- Lot: M
- Zoning
- Commercial
- Lot SqFt
- 5411
- Nbr of Acres
- 0.12
- Total SqFt
- 13419
- Unit SqFt
- 13419
- Parcel #
- 273718216009
- Year Built
- 1970
- Year Remodeled
- 1985
- Directions
- Located on the Cooper Street Mall between Mill Street and Galena Street.
Financing Info
- Metro Tax District
- No
- Taxes
- 169263.7
- Tax Year
- 2025
- Transfer Tax
- Yes
- Total HOA Fee Per Year
- 0
Status Change Info
- Under Contract Date
- 2025-12-26
- Proposed Close Date
- 2026-03-26
- Sold Price Per/SF
- 0
More Information
Remarks
- Public Remarks
- Legacy Commercial Opportunity on Aspen's Historic Walking Mall! Located in the heart of Aspen, 408 E. Cooper is a premier commercial property offering unmatched front-and-center exposure on the iconic Aspen Walking Mall. Surrounded by high-net-worth foot traffic and a vibrant mix of retail, dining, and cultural events, this location is a destination for both locals and visitors alike. Anchored by Aspen Sports and neighboring renowned establishments including the new Paul Jas Center, the Historic Red Onion, Michelin-starred Bosqe, Veronica Beard, and Wagner Park, the property enjoys a Class A, high-profile environment. Positioned at the epicenter of Aspen's commercial scene, it offers proximity to luxury brands, fine dining, and art galleries. Blue-chip commercial opportunities in Aspen's core are exceptionally rare. This property boasts a highly visible 60-foot storefront on the classic brick pedestrian mall, spanning three floors and 13,419 sq. ft. Currently leased to Aspen Sports, the flexible floor plan could be redesigned to accommodate multiple tenants. This is an ideal investment for those seeking a highly visible, prestigious presence in one of the world's most sought-after commercial locations.
Allowable Uses
- Retail
- Yes
Construction
- Steel Frame
- Yes
Basement/Substructure
- Finished
- Yes
Water
- Public
- Yes
Sanitation
- Sewer
- Yes
Water Rights
- No
- Yes
Extras
- Fireplace
- Yes
- Kitchen Area
- Yes
- Restrooms
- Yes
- Storage
- Yes
Location Amenities
- High Traffic Loc
- Yes
- High Visibility
- Yes
- View
- Yes
Mineral Rights
- No
- Yes
Parking
- None
- Yes
Occupant
- Tenant Occupied
- Yes
Sign
- No
- Yes
Property Features
Allowable Uses:
Retail
Construction:
Steel Frame
Water:
Public
Sanitation:
Sewer
Parking:
None
Extras:
Fireplace; Kitchen Area; Restrooms; Storage
Location Amenities:
High Traffic Loc; High Visibility; View
Occupant:
Tenant Occupied
Water Rights:
No
Mineral Rights:
No
Sign:
No
Documents
Floor Plans ›
Listing Office:
Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: April - 22 - 2026
Broker Attribution:
(970) 925-6060
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
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