About 312 S Galena Street
A rare opportunity to acquire one of Aspen's most iconic commercial properties, 312 S. Galena Street, a historic, four-level asset situated in the core of this globally recognized luxury destination. Currently secured by a long-term lease with one of the world's most prestigious luxury brands, this investment offers immediate, stable income and long-term value appreciation in one of the most supply-constrained and resilient markets globally. Beyond its current performance, the property offers significant upside through future repositioning at market rents, reflecting Aspen's accelerating demand and premium lease rates. This is more than a prime property; it's a legacy asset for the investor with vision, seeking to preserve generational wealth in a premier global market. Properties of this historic significance and strategic positioning rarely trade hands.
Features of 312 S Galena Street
| MLS® # | 190579 |
|---|---|
| Price | $85,000,000 |
| Acres | 0.06 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 312 S Galena Street |
|---|---|
| Major Area | Aspen |
| Area | 01-Central Core |
| Subdivision | Townsite of Aspen |
| City | Aspen |
| County | Pitkin |
| State | CO |
| Zip Code | 81611 |
Interior
| Interior Features | Elevator |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished |
Exterior
| Roof | Other |
|---|---|
| Construction | Steel Frame, Brick |
Additional Information
| Date Listed | October 23rd, 2025 |
|---|---|
| Zoning | Commercial |
| Short Sale | No |
| RE / Bank Owned | No |
| Data Source | AGSMLS |
| Year Remodeled | 2001 |
| Short Termable | No |
Subdivision Statistics
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 75 | Average Price $3,172,875 | Average $/SF $453 | Median $/SF $75 | Listing Price $85,000,000 |