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$12,000,000
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Property Description
A beautiful mixed-use opportunity in the heart of Aspen, combining mountain living with income-producing residential and commercial space! The Residential Lodge offers Luxury & Lifestyle - The upper levels of the property hosts a stunning residential lodge, offering a refined mountain retreat with excellent rental potential. Designed in a mountain-modern style, the interiors feature vaulted ceilings and natural stone accents. The open-concept living and dining area, centered around a cozy fireplace, provides a welcoming space for gathering, while spa-inspired bathrooms and private bedrooms offer serene retreats. The front deck and expansive windows frame iconic views of Aspen's famed Ajax Mountain, flooding the lodge with natural light and enhancing its alpine charm. The main level of the lodge includes two bedrooms each with en-suite bathrooms alongside a full kitchen, living room, dining area, and a laundry room with a half bath. One of the bedrooms opens onto a back deck complete with a hot tub, with the deck covering a parking space and enclosed storage. A spiral staircase leads to the loft, where a spacious family room overlooks the great room below. The loft also includes a bunk room with five beds, a full bath, and a separate bedrooms all together offering two king beds, one queen bed, and five bunks. The lodge is sold fully furnished and includes elevator access from ground level to the main residential lodge level. Commercial Space, offering functionality investment - Below the residential lodge, the main and sub-level commercial areas provide well-appointed professional workspaces. The main level features five private offices and a dedicated workroom ideal for storage and printing all bathed in natural light to create an efficient and inviting atmosphere. The lower level includes an additional private office and conference room (both with closet storage), a resort-style kitchen, and a shared work area. Both commercial levels are serviced by an elevator for easy accessibility. The current commercial tenant's lease extends through 2029 with additional renewal options, offering a stable, income-producing investment. The Location offers Central Aspen Access - Perfectly positioned on West Main Street, the property offers unparalleled convenience to Aspen's world-class dining, boutiques, cultural venues, parks, recreation, and skiing. The Yellow Brick School and park are just a half block north, Clark's Market is minutes away, and Paepcke Park sits kitty-corner to the property. A RFTA bus stop is less than a block over on Main Street. A Unique Mixed-Use Offering - whether you seek a private mountain retreat, a steady commercial investment, or both, this property delivers a rare combination of luxury living and business opportunity in one of the world's most coveted destinations. Note: The entire building includes 3488 sq ft. The lodge is 1548 Sq Ft, main level commercial is 1004 Sq Ft, sub level commercial is 936 Sq Ft. The sq ft noted in the property details only identifies the lodge/living sq ft. Additionally, Aspen's lodge designation allows for owner occupancy up to 90 days per year with no more than 30 consecutive days. Please contact the listing team for documents and further details. All information is subject to change and/or error. Buyer to verify all details.
Full Property Details
Full Property Details for 122 W Main St
General
- Sold For: $12,000,000
- Taxes: $35,520 (2025)
- Status: Closed
- Type: Condo
- Source: 106
- MLS ID: 190435
- Added to Site: 190 day(s) ago
Rental Information
- Complex Features: Yes
Interior
- Number of Rooms: 12
- Interior Features: Elevator
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Furnished: Yes
- Furnishings: Furnished
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Security/Safety: Security System
Location
- Area: Aspen
- County: Pitkin
- Subdivision: None
- Driving Directions: North side of Main Street between N Garmisch and N 1st Streets.
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: A/C
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
- Cable Available: Yes
Structural Information
- Exterior Const.: Wood Siding, Frame
- Roof: Composition
- Square Feet: 1,548
- Living Area: 1,548 Sq. Ft.
- Year Built: 1995
- Property Condition: Excellent
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,354
- Lot Features: Landscaped
- Zoning: MU
Green Features
- Energy Efficient: CFL or LED Lighting
Financial Considerations
- Tax Amount: $35,520.28
- Tax Year: 2025
- Terms: New Loan, Cash
Disclosures and Reports
- Legal Description: Condominium units 126-128, Ajax View Commercial Building/Northstar Office Building Condominiums, according to the condominium map thereof recorded March 29, 1996 as Reception No. 391273, and further defined and described in condominium declaration recorded April 1, 1996 at Reception No. 391339, Pitkin County, Colorado Commercial Space: 122 West Main Street, Units 118-120, 122-124 Legal Description: Condominium units 118-120 and 122-124, Ajax View Commercial Building/Northstar Office Building Condominiums, according to the condominium map thereof recorded March 29, 1996 as Reception No. 391
- Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
- Property ID: 273512477013
Listed by Coldwell Banker Distinctive Properties, Jen Pedersen and Douglas Elliman Real Estate-Hyman Ave, Haley Taets
Sold by Compass Aspen, Steven Shane
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Schools
Schools serving 122 W Main St
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 1.3 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 1.3 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 W Main St
Date
Details
Price
Change
Source
3/31/2026
Sold
$12,000,000
-9.43%
MLS
10/09/2025
Listed
$13,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
122 W Main Street, Aspen, CO 81611 (MLS# 190435) is a Condo property that was sold at $12,000,000 on March 31, 2026. Want to learn more about 122 W Main Street? Do you have questions about finding other Condo real estate for sale in Aspen? You can browse all Aspen real estate or contact a Coldwell Banker agent to request more information.

