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110 Midland Avenue

Basalt, CO 81621
  • $2,500,000
  • STATUS: Closed
  • ON SITE: 496 Days
  • MLS #: 165572
Sold - 03/12/2021
$2,500,000
SOLD - 03/12/2021
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,288
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Description

110 Midland Avenue is one of the most centrally located and excellently maintained properties in the heart of historic downtown Basalt. Residential sales are seeing record levels, and the future of commercial enterprise continues to climb. With major redevelopment opportunities surrounding the area, the potential for charming & thriving Basalt looks bright. The Building is situated on a 10,500 SF lot; the street-level and second floor each have 2,493 SF, and the basement has 2,302 SF. There are currently three long-term tenants including the current owner/seller's business occupying the upper-level who would be willing to remain in the current lease or relocate, depending on the buyer's needs.

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© 2021 Aspen/Glenwood MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Roaring Fork Valley Homes | Compass.

Data last updated: 2021-12-06T18:38:30.877.
www.roaringforkvalleyhomes.com/homes/108272332
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110 Midland Avenue Basalt, CO 81621

  • Price: $2,900,000
  • Status: Closed
  • On Site: 496 Days
  • Updated: 55 min ago
  • MLS #: 165572
0
Beds
0
Baths
0
½ Baths
0.24
Acres
7,288
SQFT
$0
$/SQFT
1995
Built
Neighborhood:
Townsite Of Basalt
County:
Eagle
Area:
05-Basalt Proper
Property Description
110 Midland Avenue is one of the most centrally located and excellently maintained properties in the heart of historic downtown Basalt. Residential sales are seeing record levels, and the future of commercial enterprise continues to climb. With major redevelopment opportunities surrounding the area, the potential for charming & thriving Basalt looks bright. The Building is situated on a 10,500 SF lot; the street-level and second floor each have 2,493 SF, and the basement has 2,302 SF. There are currently three long-term tenants including the current owner/seller's business occupying the upper-level who would be willing to remain in the current lease or relocate, depending on the buyer's needs.
Exterior Features

Access Paved Construction BrickFrame Extras Storage Location Amenities Corner LotGentle TopoHigh Traffic LocHigh VisibilityIntersectionView Parking Area 6 - 10 Spaces Roof Membrane Substructure Finished Basement

Interior Features

Building Sq Ft 5001 - 10001 Heating And Cooling Central AcForced Air Unit Sq Ft 7288.00 Unit Sq Ft Range Multiple Units

Property Features

Allowable Uses Business W/ReHospitalityHotel/LodgeIncomeMixed UseOfficeRestaurant/BarRetail Amenities Bus/Shuttle Service Auction No Condition Excellent Condominiumized No Current Use MedicalOffice BuildingRetail Store Documents On File FinancialsLeases Electric Yes Foreclosure No Gas Natural Gas How Sold Cash Inventory No Major Area Basalt Number Of Units 1 - 5 Units Occupant EscalationsMultiple LeasesOwner OccupiedTenant Occupied Owner Pays Building InsuranceElectricExterior MaintenanceGasInterior MaintenanceProperty TaxesSewerSite MaintenanceStructural MaintTrashWater Possession DodSubject To Lease REO No Sanitation Sewer Short Sale No Tax Year 2020 Taxes 34984.90 Tenant Pays Annual EscalationDepositElectricGasSewerWater Terms Offered Cash Transfer Tax No Type Commercial Under Construction No Water City Year Remodeled 2017.00 Zoning C2

Listing provided courtesy of Setterfield & Bright. Listing information © 2021 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
© 2021 Aspen/Glenwood MLS. All rights reserved. IDX 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Roaring Fork Valley Homes | Compass.

Data last updated: 2021-12-06T18:38:30.877.
 
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Roaring Fork Valley Homes | Compass
790 East Valley Road
Basalt CO, 81621