426 E Hyman Avenue

$26,500,000

$26,500,000 Price
1969 Year Built
No Pool
0.06 Acres

About 426 E Hyman Avenue

A generational ownership opportunity in the heart of Aspen. 426 E. Hyman Ave presents a rare chance to acquire a landmark mixed-use asset on Aspen's iconic pedestrian mall -- a location that simply cannot be replicated. Spanning over 9,000 square feet across four levels, this legacy property combines premier street-level and upper-floor commercial space (6,800sf) with a stunning 2,317sf penthouse residence featuring four bedrooms and four bathrooms. The penthouse offers an exceptional live-work ownership option or a high-value residential income component to complement the commercial floors below. The property is currently anchored by two established tenants -- Overland Sheep and Escobar -- providing immediate, stable income from day one. The walking mall location delivers unmatched foot traffic from Aspen's year-round visitor base, ensuring sustained demand and long-term tenancy appeal that few commercial corridors in the country can match. Adding to its practicality and appeal, the property includes the rare benefit of off-street parking -- an exceptional amenity in Aspen's dense core, and a meaningful differentiator for both tenants and ownership. Whether held as a trophy income-producing asset, repositioned over time, or enjoyed as a flagship owner-use property, 426 E. Hyman represents the kind of irreplaceable real estate that defines a portfolio.

Price Change History

Date: Details: Status Changed from Active Under Contract to Active
Date: Details: Status Changed from Active to Active Under Contract

Features of 426 E Hyman Avenue

MLS® # 192625
Price $26,500,000
Acres 0.06
Year Built 1969
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 426 E Hyman Avenue
Major Area Aspen
Area 01-Central Core
Subdivision None
City Aspen
County Pitkin
State CO
Zip Code 81611

Interior

Fireplace No
Has Basement Yes
Basement Finished

Exterior

Construction Frame

Additional Information

Date Listed April 30th, 2026
Zoning MultiUse
Short Sale No
RE / Bank Owned No
Data Source AGSMLS
Short Termable No

Subdivision Statistics

Active Listings 355 Average Price $2,616,380 Average $/SF $982 Median $/SF $855 Listing Price $26,500,000

Listing Map

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