520 E Cooper Avenue Ll1 & Ll4, Aspen, CO 81611 (MLS# 192127)

520 E Cooper Avenue Ll1 & Ll4, Aspen, CO 81611

$125

Property Type: Commercial Lease Status: Active

Current Price: $125 List Date: 3/25/2026 Last Modified: 3/25/2026

Overview

Description

Introducing a prime retail or restaurant opportunity in the heart of downtown Aspen! Located in a bustling locale, this 1,450 SF lower level space boasts an enviable position adjacent to a popular dispensary. With built-in foot traffic, this versatile space presents endless possibilities for retail or a cafe/restaurant (turnkey with FF&E). The NNN Base Rent is $125 per SF plus approximately $46 per SF for CAMs (taxes, insurance, shared utilities, maintenance & management). Total gross rent is approximately $20,663 per month.

Listing Details MLS# 192127

Location Info

Type: Leasehold
Major Area: Aspen
Area: 01-Central Core
Original List Price: 125
Street #: 520
Street Direction Pfx: E
Street Name: Cooper
Street Suffix: Avenue
Address 2/Unit #: Ll1 & Ll4
City/Town: Aspen
State/Province: CO
Postal Code: 81611

Lease Info

Total Building SqFt: 0.00
Unit SqFt: 1450
Sub-Grade SqFt: 1450
Asking Price: 125
Type of Lease: NNN
Lease $ Amount: 20663

Financing Info

Start Date: 2026-05-01
Tax Year: 2025
Security Deposit: 45000
Security $Payable To: Landlord
Annual Tax P/SqFt: 0

Listing Info

SqFt Level: Yes
SqFt Level Location: Sub-grade
Seller/Owner is Licensed: No
Member Association: Aspen Association
Annual NNN $/ per SqFt: 46

General Info

Sub/Loc: Aspen Hof
County: Pitkin
Legal: Subdivision: ASPENHOF Unit: LL1
Zoning: CC
Under Construction: No
Occupant Type: Vacant
Inventory: No
Parcel #: 273718224016
Year Built: 1970
Year Remodeled: 2010
Directions: On the north side Cooper Avenue between Hunter Street and Galena Street. In the AspenHof Building downstairs next to Silverpeak, previously Silverpeak Grill.

More Information

Remarks

Public Remarks: Introducing a prime retail or restaurant opportunity in the heart of downtown Aspen! Located in a bustling locale, this 1,450 SF lower level space boasts an enviable position adjacent to a popular dispensary. With built-in foot traffic, this versatile space presents endless possibilities for retail or a cafe/restaurant (turnkey with FF&E). The NNN Base Rent is $125 per SF plus approximately $46 per SF for CAMs (taxes, insurance, shared utilities, maintenance & management). Total gross rent is approximately $20,663 per month.

Allowable Uses

Office: Yes
Restaurant/Bar: Yes
Retail: Yes

Current Use

Restaurant: Yes
Retail Store: Yes

Construction

Brick: Yes
Frame: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Finished: Yes
Slab: Yes

Gas

Natural Gas Connected: Yes

Roof

Membrane: Yes

Water

Public: Yes

Sanitation

Community: Yes
Sewer: Yes

Water Rights

No: Yes

Heating/Cooling

Evaporative Cooling: Yes

Location Amenities

High Traffic Loc: Yes

Mineral Rights

No: Yes

Parking

Street Parking: Yes
None: Yes

Green Features

Double Pane Windows: Yes

Occupant

Tenant Occupied: Yes
Vacant: Yes

Tenant Pays

Annual Escalation: Yes
Association Fees: Yes
Electricity: Yes
Gas: Yes
Property Taxes: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Possession

Subject to Lease: Yes

Expenses Include

Contingency Fund: Yes
Grounds Maintenance: Yes
Insurance: Yes
Management: Yes
Sewer: Yes
Trash: Yes
Unit Electric: Yes
Unit Heat: Yes
Water: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Office; Restaurant/Bar; Retail Current Use: Restaurant; Retail Store Construction: Brick; Frame Condominiumized: Yes Roof: Membrane Condition: Excellent Electric: Yes Gas: Natural Gas Connected Water: Public Sanitation: Community; Sewer Green Features: Double Pane Windows Tenant Pays: Annual Escalation; Association Fees; Electricity; Gas; Property Taxes; Sewer; Trash Collection; Water Parking: Street Parking; None Access: Paved Expenses Include: Contingency Fund; Grounds Maintenance; Insurance; Management; Sewer; Trash; Unit Electric; Unit Heat; Water Location Amenities: High Traffic Loc Occupant: Tenant Occupied; Vacant Water Rights: No Mineral Rights: No Sign: Yes Possession: Subject to Lease

Listing Office: Setterfield & Bright

Last Updated: March - 25 - 2026

Broker Attribution: (970) 920-1833

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