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$28,000,000
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Property Description
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.
Full Property Details
Full Property Details for 408 E Cooper Ave
General
- Sold For: $28,000,000
- Taxes: $169,263 (2025)
- Status: Closed
- Type: Commercial
- Source: 106
- MLS ID: 190626
- Added to Site: 208 day(s) ago
Parking
- Parking Features: None
Location
- Area: Aspen
- County: Pitkin
- Subdivision: Townsite of Aspen
- Driving Directions: Located on the Cooper Street Mall between Mill Street and Galena Street.
Utilities
- Water: Public
Structural Information
- Exterior Const.: Steel Frame
- Square Feet: 13,419
- Year Built: 1970
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,411
- Zoning: Commercial
Financial Considerations
- Tax Amount: $169,263.7
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Subdivision: CITY AND TOWNSITE OF ASPEN Block: 89 Lot: LUnit: PT AND:- Lot: M
- Property ID: 273718216009
Listed and Sold by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Lex Tarumianz
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Schools
Schools serving 408 E Cooper Ave
School District:Aspen School District 1
| Name | Grades | Distance |
|---|---|---|
Aspen Elementary School 235 High School Road, Aspen, CO 81611 | K-4 | 1.5 mi |
Aspen Middle School 235 High School Road, Aspen, CO 81611 | 5-8 | 1.5 mi |
Aspen High School 235 High School Road, Aspen, CO 81611 | 9-12 | 1.5 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 408 E Cooper Ave
Date
Details
Price
Change
Source
5/19/2026
Sold
$28,000,000
-12.5%
MLS
10/28/2025
Listed
$32,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
408 E Cooper Avenue, Aspen, CO 81611 (MLS# 190626) is a Commercial property that was sold at $28,000,000 on May 19, 2026. Want to learn more about 408 E Cooper Avenue? Do you have questions about finding other Commercial real estate for sale in Aspen? You can browse all Aspen real estate or contact a Coldwell Banker agent to request more information.

