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 | Change |
|---|---|---|
| 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
| Listings | Average Price | Average $/SF | Median $/SF | List/Sale price | |
|---|---|---|---|---|---|
| Active Listings 355 | Average Price $2,616,380 | Average $/SF $982 | Median $/SF $855 | Listing Price $26,500,000 |
