150 Basalt Center Circle, Basalt, CO 81621

$5,500,000
Property Type: Commercial Sale Square Footage: 10,000 Status: Pending
Current Price: $5,500,000 List Date: 4/19/2023 Last Modified: 10/27/2025

Overview

Description

The offering is newly constructed ground level space in the redeveloped Clark's Market in downtown Basalt. The space will be under two levels of new multi-family with both surface and podium parking. The commercial tenants will have first priority on 17 affordable housing units in the project, providing rare access to housing in the Roaring Fork Valley. The 8,000SF space is a great fit for a food hall, grocer or restaurant. The location caters to the booming local population that is moving down-valley and gentrifying Basalt. Modern retail in Basalt was pioneered by Willits Town Center, home to Whole Foods, who has reported remarkable sales numbers. This is the closest retail opportunity of this scale to Aspen. All transaction structures will be considered including sale, lease and joint venture.

Supplements: Delivering summer of 2024 for tenant improvement work; the project will be up and running in fall of 2024. All transaction structures will be considered including sale, lease and joint venture.

Listing Details MLS# 178903

Location Info

Inside City Limits
Yes
Condominiumized
Yes
Zoning City
Basalt
Zoning County
Eagle
Type
Business with Real Estate
Major Area
Basalt
Area
05-Basalt Proper
Asking Price
5500000
Original List Price
5500000
Street #
150
Street Name
Basalt Center
Street Suffix
Circle
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
Yes
Association Fee Frequency
Annually
Association Fee
0

Listing Info

Occupant Type
Under Construction
Seller/Owner is Licensed
Yes
Short Sale
No
REO
No
Auction
No
In Foreclosure
No
Member Association
Aspen Association

General Info

Sub/Loc
Basalt Center
County
Eagle
Legal
Subdivision: BASALT CENTER SUB Lot: E BK-0249 PG-0703 BK-0352 PG-0831 DEED 01-17-83 R755984 GWD 04-27-01 R755986 GW
Zoning
Commercial
Stories
Yes
Total SqFt
10000
Unit SqFt
10000
Parcel #
246707405004
Year Built
2024
Directions
Downtown Basalt center core, behind BLT and Jimbo's Liquor

Financing Info

Metro Tax District
No
Taxes
24989.52
Tax Year
2024
Transfer Tax
No
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2024-06-04
Proposed Close Date
2025-12-01
Sold Price Per/SF
0

More Information

Remarks

Public Remarks
The offering is newly constructed ground level space in the redeveloped Clark's Market in downtown Basalt. The space will be under two levels of new multi-family with both surface and podium parking. The commercial tenants will have first priority on 17 affordable housing units in the project, providing rare access to housing in the Roaring Fork Valley. The 8,000SF space is a great fit for a food hall, grocer or restaurant. The location caters to the booming local population that is moving down-valley and gentrifying Basalt. Modern retail in Basalt was pioneered by Willits Town Center, home to Whole Foods, who has reported remarkable sales numbers. This is the closest retail opportunity of this scale to Aspen. All transaction structures will be considered including sale, lease and joint venture.

Allowable Uses

Restaurant/Bar
Yes
Other
Yes

Condition

New
Yes

Property Features

Allowable Uses: Restaurant/Bar; Other Condition: New
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: October - 27 - 2025
Broker Attribution: (970) 925-6060

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