Commercial Sale · Under Contract

214 Midland Avenue

Basalt, CO 81621

0 Baths · 2,312 Sq Ft

$1,250,000

Business

Property Type

0.04 acres

Lot Size

1948

Year Built

$541

Price per Sq Ft

192051

MLS #

About This Property

Own a rare standalone building in the heart of charming downtown Basalt, just 20 minutes from Aspen, Colorado. This is an exceptional investment opportunity with flexibility for an owner-user to occupy the street-level space or for an investor to unlock additional upside by leasing at market rates.

Basalt is already a vibrant, sought-after destination, and the momentum continues with the Midland Residences set to complete this summer, exciting new restaurants opening, and the ever-popular town park drawing locals and visitors alike.

Opportunities like this are few and far between in downtown Basalt--this is one you do not want to miss.

216 days on market

Listed by Sarah Pegler · Aspen Snowmass Sotheby's International Realty - Hyman Mall · (970) 925-6060

Last updated: 10/1/2026 11:16 AM · Source: Aspen Glenwood MLS, MLS#: 192051

Property Details

Key Details

Property Type Commercial Sale
Sub Type Business
Status Active Under Contract
Price per Sq Ft $541
Subdivision None
MLS # 192051
Days on Market 216

More Details

Year Built 1948
Lot Size (Sq Ft) 1,873
Acres 0.04
HOA Fee $0
Annual Taxes $21,633
Tax Year 2025
State CO
County Eagle
Zoning C-2 Commercial

Exterior & Parking

Garage No
Parking Features None

Building & Lot

Construction Brick
Water Source Public

Location

Price History

DateEventPrice
8/18/2026 Active Under Contract
Source: Aspen Glenwood MLS #192051
—
7/17/2026 Price change
Source: Aspen Glenwood MLS #192051
$1,250,000 -10.7% $541/sqft
3/18/2026 Listed for sale
Source: Aspen Glenwood MLS #192051
$1,400,000 +49.7% $606/sqft
10/30/2022 Sold
Source: Aspen Glenwood MLS #176749
$935,000 +11.3% $404/sqft
9/4/2022 Listed for sale
Source: Aspen Glenwood MLS #176749
$840,000 $363/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.

Listing information last updated October 1, 2026 at 11:16 AM.

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