2 Beds
4 Baths
5,364 SqFt
2 Beds
4 Baths
5,364 SqFt
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 5,364 sqft
Price per Sqft $2,330
Subdivision Townsite Of Basalt
MLS Listing ID 187509
Bedrooms 2
Full Baths 2
Half Baths 2
Year Built 1896
Annual Tax Amount $19,113
Tax Year 2025
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Condominium
Source Aspen Glenwood MLS
Property Description
Property Highlights
• Prime Downtown Location on Midland Avenue - Central lot on Basalt's main street corridor, surrounded by active retail, dining, and cultural amenities.
• Mixed-Use Potential - Existing configuration includes first-floor restaurant and upper-level residential.
• Zoning: C-2 Downtown Business District - Encourages a dynamic blend of commercial and residential uses within a pedestrian-friendly setting.
• Historic Charm, Modern Upgrades - Carefully remodeled in 2006 while preserving its original architectural details.
• Transferable Income - Existing leases for both commercial and residential units provide immediate cash flow.
With approximately 0.322 acres and an existing ±5,364 sq. ft. of floor area, the site allows for significant redevelopment potential under Basalt's C-2 zoning.
The property is offered without entitlements, and all interested parties are encouraged to conduct independent due diligence with the Town of Basalt.
Refer to MLS 182521 for more information on the Commercial Mixed Use Development Opportunity.
Location
State CO
County Eagle
Community Townsite Of Basalt
Area Basalt
Zoning C-2
Direction From Aspen head down valley on Hwy 82 and exit at the town of Basalt. Take a right and drive over the bridge onto Midland Avenue. Property is located in the middle of the town on the right next to Alpine Bank.
Exterior
Roof Type Composition
Garage No
Building
Lot Description Corner Lot, Landscaped
Water Community
New Construction No
Others
Tax ID 246707416001
Acceptable Financing Cash
Listing Terms Cash
NEARBY SCHOOLS & PROPERTIES
600 East Hopkins Ave Suite 304, Aspen, Colorado 81611, United States