710 E Durant Avenue W-5, Aspen, CO 81611

$1,440,450
Property Type: Commercial Sale Square Footage: 873 Status: Pending
Current Price: $1,440,450 List Date: 4/07/2025 Last Modified: 4/21/2026

Overview

Description

RARE OPPORTUNITY to purchase a well-located office space just one (1) block east of the gondola base area of Aspen Mtn. Views north toward Red Mountain and Smuggler Mtn. Elevator access and below grade parking garage. Building was completely renovated in 2017. Currently leased through September 30, 2027 at below market rent. Current annual income is $40,467 w/ 3% annual rent escalation with tenant paying all HOA, real estate taxes and other expenses. Tenant has option to extend lease for another 5-years. GREAT OPPORTUNITY FOR INVESTOR SEEKING A 1031 EXCHANGE

Listing Details MLS# 182834

Location Info

Inside City Limits
Yes
Condominiumized
Yes
Zoning City
Mixed Use
Zoning County
Mixed Use
Type
Commercial
Major Area
Aspen
Area
01-Central Core
Asking Price
1440450
Original List Price
1440450
Street #
710
Street Direction Pfx
E
Street Name
Durant
Street Suffix
Avenue
Address 2/Unit #
W-5
City/Town
Aspen
State/Province
CO
Postal Code
81611

Keywords Info

Total Building SqFt
20.001+
Association Dues
Yes
Association Fee
1492
Association Fee Frequency
Monthly
Fee's $
1492

Listing Info

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

General Info

Sub/Loc
Durant Mall Condo
County
Pitkin
Legal
Subdivision: DURANT MALL - AMENDED Unit W-5
Zoning
Mixed Use
Total SqFt
873
Unit SqFt
873
Inventory
No
Parcel #
273718242008
Year Built
1987
Year Remodeled
2017
Directions
This commercial office space is located on the 2nd floor of the West Building at 710 E Durant Avenue next to City Market between Spring and Original Streets.

Financing Info

Metro Tax District
No
Taxes
8406
Tax Year
2024
Transfer Tax
Yes
N.O.I.
40467
HOA Dues
1325
Total HOA Fee Per Year
17904

Status Change Info

Under Contract Date
2026-03-26
Proposed Close Date
2026-05-26
Sold Price Per/SF
0

More Information

Remarks

Public Remarks
RARE OPPORTUNITY to purchase a well-located office space just one (1) block east of the gondola base area of Aspen Mtn. Views north toward Red Mountain and Smuggler Mtn. Elevator access and below grade parking garage. Building was completely renovated in 2017. Currently leased through September 30, 2027 at below market rent. Current annual income is $40,467 w/ 3% annual rent escalation with tenant paying all HOA, real estate taxes and other expenses. Tenant has option to extend lease for another 5-years. GREAT OPPORTUNITY FOR INVESTOR SEEKING A 1031 EXCHANGE

Current Use

Other
Office
Income
Yes

Allowable Uses

Income
Yes
Office
Yes
Retail
Yes

Access

Paved
Yes

Electric

Yes
Yes

Condition

Good
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Water Rights

No
Yes

Extras

Elevator
Yes
Fire Alarm
Yes
Fire Sprinkler Sys
Yes
High Speed Available
Yes
Restrooms
Yes
Security System
Yes

Heating/Cooling

Baseboard
Yes
Central Heating
Yes
Evaporative Cooling
Yes

Location Amenities

High Visibility
Yes
View
Yes

Mineral Rights

No
Yes

Documents on File

CC & R's
Yes
Leases
Yes
Rent Roll
Yes

Parking

Parking Garage
Yes

Occupant

Tenant Occupied
Yes

Terms Offered

Cash
Yes

Possession

Subject to Lease
Yes

Sign

No
Yes

Property Features

Allowable Uses: Income; Office; Retail Current Use: Income Condition: Good Electric: Yes Water: Public Sanitation: Sewer Parking: Parking Garage Access: Paved Extras: Elevator; Fire Alarm; Fire Sprinkler Sys; High Speed Available; Restrooms; Security System Location Amenities: High Visibility; View Occupant: Tenant Occupied Documents on File: CC & R's; Leases; Rent Roll Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: No Possession: Subject to Lease
IDX
Listing Office: Zenith Realty Advisors LLC
Source MLS Verified
Last Updated: April - 21 - 2026
Broker Attribution: (970) 925-3866

Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.