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165 Midland Avenue Basalt, CO 81621
- Other / Resale (MLS)
Property Details for 165 Midland Avenue, Basalt, CO 81621
Features
- Price/sqft: $2,432
Facts
- Year Built: 01/01/1892
- Property ID: 877275715
- MLS Number: 182521
- Property Type: Other
- County: EAGLE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. Located only 20 minutes from Aspen, Colorado this Commercial Land Opportunity is in the heart of downtown Basalt, Colorado. The property consists of .322 acres with significant possibility to develop high end condominium hotel units. Presently, there is approximately 5,400 square foot multi-use space built on the property. The historical dining and bar area are accented by two fireplaces which consists of approximately 1,820 square feet. The remaining commercial space consists of the Kitchen, Office and Storage areas all on the first floor. Three residential units are also located on the property on the upper level and to the rear of the building. Future developments will require approvals from the Town of Basalt.nnRestaurant Space: Includes the Kitchen, Office and Storage areas on the first floor.nnPatios: Remodeled attached Patio which is approx. 1,820 square foot with a new roof and drop down enclosures to house guests year round with installed infra heaters. New Stone Patios allow for additional seating in the summer. Property also has an outdoor play ground for children.nnSquare Footage: Seller represents that the square footage amounts are approximates. Buyer to verify square footages.nnFeasibility Study: Feasibility study created in 2023 identifies future development possibilities. Property is not being conveyed with entitlements. Buyer to verify entitlements with the Town of Basalt and obtain approvals.
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Property Brokerage:
Douglas Elliman Real Estate
PO Box 6450 16 Kearns Road, Suite 113
Snowmass Village
CO
81615
Copyright © 2024 Aspen/Glenwood Springs MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.