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    220 Midland Avenue

    Basalt, CO 81621
    • $4,250,000
    • STATUS: Active
    • ON SITE: 868 days
    • MLS #: 155175
    UPDATED: 50 min ago
    $4,250,000
    • 0
      BEDS
    • 0.61
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,738
      SQFT
    • $396
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    The property is located in the heart of downtown Basalt on a 26,485 square foot lot and includes 25 hotel rooms spread across 10,760 gross square feet of building area. The hotel underwent a complete remodel in 2014, bringing the property up to current standards with upscale amenities and a contemporary mountain look. The Town of Basalt is undergoing a renaissance, merging its historic downtown character with a new river front park and recreation district. The subject property is a large parcel located near the center of Basalt's transformation. Many opportunities exist for the property. Earn income from the ''new'' hotel while planning for redevelopment.

    Monthly Payment Calculator

    © 2020 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 McKinley Real Estate Sales, Inc..

    Data last updated: 2020-11-27T22:38:40.493.
    www.mckinleysalesaspen.com/homes/85559262
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    220 Midland Avenue Basalt, CO 81621

    • Price: $4,250,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 155175
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.61
    Acres
    10,738
    SQFT
    $396
    $/SQFT
    1951
    Built
    Neighborhood:
    None
    County:
    Eagle
    Area:
    05-Basalt Proper
    Property Description
    The property is located in the heart of downtown Basalt on a 26,485 square foot lot and includes 25 hotel rooms spread across 10,760 gross square feet of building area. The hotel underwent a complete remodel in 2014, bringing the property up to current standards with upscale amenities and a contemporary mountain look. The Town of Basalt is undergoing a renaissance, merging its historic downtown character with a new river front park and recreation district. The subject property is a large parcel located near the center of Basalt's transformation. Many opportunities exist for the property. Earn income from the ''new'' hotel while planning for redevelopment.
    Interior Features

    Building Sq Ft 10001 - 20000 Unit Sq Ft Range Multiple Units

    Property Features

    Auction No Business Name Basalt Mountain Inn Foreclosure No Major Area Basalt Number Of Units 21+ Units REO No Short Sale No Tax Year 2019 Taxes 49178.88 Transfer Tax No Type Commercial Year Remodeled 2015.00 Zoning C-1

    Listing provided courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall. Listing information © 2020 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
    © 2020 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 McKinley Real Estate Sales, Inc..

    Data last updated: 2020-11-27T22:38:40.493.
     
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    McKinley Real Estate Sales, Inc.
    23264 Two Rivers Road C-2
    Basalt CO, 81621