0144 Midland Avenue, Basalt, CO 81621

$2,200,000
Property Type: Commercial Sale Square Footage: 2,464 Lot Size (sq. ft.): 11,749 Status: Closed
Current Price: $2,200,000 List Date: 5/02/2017 Last Modified: 9/05/2024

Overview

Description

Historic Prime Time commercial and residential property on Midland Avenue being offered for sale for the first time in over 70 years. Protected view corridor to Mt. Sopris, Roaring Fork River and Basalt's Town Park. Three condominuimized pieces: Historic 2,464 square foot ''penthouse'' is riped for renovation; Historic 2,464 square foot commercial space presently leased to ''Heirlooms'' and 2,992 square feet of land that can accommodate new commercial and residential development. CCY ARCHITECTS have reviewed the site and have a wide variety of options for commercial/residential development for vacant parcel.

Listing Details MLS# 148731

Location Info

Type
Commercial
Major Area
Basalt
Area
05-Basalt Proper
Asking Price
2950000
Original List Price
2950000
Street #
0144
Street Name
Midland
Street Suffix
Avenue
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Building SqFt
1.001 - 5,000
Association Dues
No

Listing Info

Short Sale
No
REO
No
Auction
No
Member Association
Aspen Association

General Info

Sub/Loc
Basalt Center
County
Eagle
Legal
Subdivision: Basalt Block: 2 Lot : 1 and Lot: 2 and Lot: 6 and Lot: 7
Zoning
C-2
Lot SqFt
11749
Nbr of Acres
0.27
Total SqFt
2464
Parcel #
246707400059
Year Built
1900
Year Remodeled
1990
Directions
Hwy 82 to Basalt to 144 Midland Avenue

Financing Info

Taxes
15710
Tax Year
2017
Transfer Tax
No
HOA Dues
0

Status Change Info

Under Contract Date
2017-07-31
Proposed Close Date
2017-09-25
Sold Date
2017-09-25
Sold Price Per/SF
892.85
How Sold
Cash

More Information

Remarks

Public Remarks
Historic Prime Time commercial and residential property on Midland Avenue being offered for sale for the first time in over 70 years. Protected view corridor to Mt. Sopris, Roaring Fork River and Basalt's Town Park. Three condominuimized pieces: Historic 2,464 square foot ''penthouse'' is riped for renovation; Historic 2,464 square foot commercial space presently leased to ''Heirlooms'' and 2,992 square feet of land that can accommodate new commercial and residential development. CCY ARCHITECTS have reviewed the site and have a wide variety of options for commercial/residential development for vacant parcel.

Allowable Uses

Business w/o RE
Yes
Income
Yes
Mixed Use
Yes
Multi-Family Res
Yes
Office
Yes
Retail
Yes

Current Use

Retail Store
Yes

Construction

Brick
Yes

Access

Paved
Yes
Private
Yes

Condominiumized

Yes
Yes

Electric

Yes
Yes

Condition

Average
Yes

Basement/Substructure

Crawl Space
Yes

Gas

Natural Gas
Yes

Roof

Membrane
Yes

Water

Public
Yes

Sanitation

Community
Yes

Water Rights

No
Yes

Extras

Elevator
Yes
Fire Alarm
Yes
High Speed Available
Yes
Kitchen Area
Yes
Laundry
Yes
Living Quarters
Yes
Smoke Detectors
Yes

Heating/Cooling

Central AC
Yes
Forced Air
Yes
Gas
Yes

Location Amenities

High Traffic Loc
Yes
High Visibility
Yes
Highway Access
Yes
View
Yes

Mineral Rights

No
Yes

Documents on File

CC & R's
Yes
Leases
Yes

Parking

6 - 10 Spaces
Yes

Occupant

Tenant Occupied
Yes
1 - 2 Years
Yes

Disclosures

Right of 1st Refusal
Yes

Tenant Pays

Electricity
Yes
Gas
Yes
Trash Collection
Yes

Owner Pays

Property Taxes
Yes
Sewer
Yes
Water
Yes

Terms Offered

Cash
Yes

Possession

Subject to Lease
Yes

Expenses Include

Cable
Yes
Grounds Maintenance
Yes
Insurance
Yes
Sewer
Yes
Snow Removal
Yes

Sign

Yes
Yes

Amenities

Pets Allowed/Owner
Yes
Pets Allowed/Renter
Yes

Property Features

Allowable Uses: Business w/o RE; Income; Mixed Use; Multi-Family Res; Office; Retail Current Use: Retail Store Construction: Brick Condominiumized: Yes Roof: Membrane Condition: Average Electric: Yes Gas: Natural Gas Water: Public Sanitation: Community Tenant Pays: Electricity; Gas; Trash Collection Owner Pays: Property Taxes; Sewer; Water Parking: 6 - 10 Spaces Access: Paved; Private Extras: Elevator; Fire Alarm; High Speed Available; Kitchen Area; Laundry; Living Quarters; Smoke Detectors Expenses Include: Cable; Grounds Maintenance; Insurance; Sewer; Snow Removal Amenities: Pets Allowed/Owner; Pets Allowed/Renter Location Amenities: High Traffic Loc; High Visibility; Highway Access; View Occupant: Tenant Occupied; 1 - 2 Years Disclosures: Right of 1st Refusal Documents on File: CC & R's; Leases Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: Subject to Lease
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: September - 05 - 2024
Broker Attribution: (970) 925-6060

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