Commercial Sale · Under Contract
Basalt, CO 81621
0 Baths · 690 Sq Ft
$775,000
Business
Property Type
1982
Year Built
$1,123
Price per Sq Ft
$1,200
HOA Fee
194188
MLS #
About This Property
Why settle for ordinary when you can own a space with options? Located in the heart of historic Downtown Basalt, this **690 sq. ft. commercial condo** is currently configured as a two-person salon--but its future could be considerably more interesting.
Keep the salon. Create an office. Build an art studio. Open a boutique. Make it your personal retreat. Or explore the opportunity to **convert it into your future Old Town residence.** The complex has been approved for residential conversion, subject to the owner obtaining all required permits and completing the necessary improvements, and **one unit within the complex has already been converted to residential use.** This unit is currently zoned commercial, and no residential conversion permits have been issued for this unit.
Already equipped with **one 3/4 bath** and, perhaps the ultimate Downtown Basalt luxury, **its own designated parking space.** Yes, parking. In Old Town. We probably should have led with that.
Step outside and Midland Avenue, restaurants, boutiques, galleries and the Roaring Fork River are practically at your doorstep. Existing salon equipment and other inclusions are **negotiable**, giving the next owner plenty of flexibility to make the space their own.
**Work here. Play here. Maybe eventually live here. Either way, make it yours.**
*Buyer to independently verify zoning, permitted uses, residential conversion requirements and approvals, permitting, HOA requirements and square footage.*
72 days on market
Listed by Shannon M Francis-Pienaar & Jeff Kelley · eXp Realty LLC · 888-440-2724
Property Details
| Property Type | Commercial Sale |
| Sub Type | Business |
| Status | Active Under Contract |
| Price per Sq Ft | $1,123 |
| Subdivision | Frying Pan Inn Condos |
| MLS # | 194188 |
| Days on Market | 72 |
| Year Built | 1982 |
| HOA Fee | $1,200 |
| Annual Taxes | $5,113 |
| Tax Year | 2025 |
| State | CO |
| County | Eagle |
| Zoning | Commercial |
| Roof | Composition |
| Basement | Crawl Space |
| Construction | Frame |
| Water Source | Public |
| Listing Terms | Cash, Other |
Location
Price History
| Date | Event | Price |
|---|---|---|
| 10/17/2026 |
Active Under Contract Source: Aspen Glenwood MLS #194188 |
— |
| 10/17/2026 |
Active Under Contract Source: Aspen Glenwood MLS #194193 |
— |
| 10/14/2026 |
Price change Source: Aspen Glenwood MLS #194193 |
$775,000 $1,123/sqft |
| 10/5/2026 |
Price change Source: Aspen Glenwood MLS #194188 |
$775,000 -3.0% $1,123/sqft |
| 8/17/2026 |
Listing removed Source: Aspen Glenwood MLS #194193 |
— |
| 8/14/2026 |
Listed for sale Source: Aspen Glenwood MLS #194188 |
$799,000 $1,158/sqft |
| 8/9/2026 |
Listed for sale Source: Aspen Glenwood MLS #194193 |
$799,000 $1,158/sqft |
Copyright 2026 Aspen Glenwood MLS. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is deemed reliable but is not guaranteed accurate by the MLS.
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