175 Midland Avenue #10, Basalt, CO 81621

$999,000
Property Type: Residential Baths: 2 Square Footage: 690 Status: Pending
Current Price: $999,000 List Date: 9/12/2025 Last Modified: 2/25/2026

Overview

Description

A rare opportunity in the heart of downtown Basalt's coveted Old Town district. This premier street-front commercial property with an upper-level studio delivers an exceptional blend of style, functionality, and prime positioning in one of Basalt's most vibrant and walkable settings. Whether envisioned as a boutique retail concept, creative studio, gallery, professional office, or live/work environment, the space adapts effortlessly. The remodeled lower level is anchored by expansive floor-to-ceiling windows that flood the interior with natural light, creating a bright, welcoming atmosphere while establishing a striking storefront presence with great visibility and strong curb appeal. Upstairs, a full renovation is underway, transforming the studio into a sleek, thoughtfully designed living space with elevated finishes and flexible functionality. Completion is anticipated in Spring 2027, offering a compelling opportunity to secure the property ahead of final delivery. Notably, this i ...

Listing Details MLS# 190098

Location Info

Type
Condominium
Right of First Refusal
No
Major Area
Basalt
Area
05-Basalt Proper
Original List Price
1100000
Asking Price
999000
Street #
175
Street Name
Midland
Street Suffix
Avenue
Address 2/Unit #
#10
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Baths
2
Baths - Full
Yes
Baths - Half
Yes
Acreage
Refer to Lot Size
Garage
No
Pre-Fabricated Home
No

Listing Info

New Construction
Yes
Seller/Owner is Licensed
No
REO
No
Member Association
Aspen Association
County
Eagle
Country
United States

General Info

Sub/Loc
Frying Pan Inn Condos
Legal
DESC: BLDG 2 Subdivision: FRYING PAN INN CONDOMINIUMS Unit: 10
Zoning
Comm/Res
Lv Ht SqFt
690
Total SqFt
690
Price/LvH SqFt
1447.83
ud_i_02
2
Main Floor Primary Bedroom
No
Year Built
1982
Year Remodeled
2025
Parcel #
246707416012
Directions
Heading East on HWY 82, take left on Basalt Ave. At the roundabout, take the 3rd exit onto Emma Rd. Turn Right onto Midland Ave. Property is on your right, just after Geo Lat: 39.368686 Geo Lon: -107.033022
Unfinished SqFt
0

Financing Info

Metro Tax District
No
Taxes
4068
Tax Year
2024
Transfer Tax
No
HOA Dues Y/N
Yes
Association Fee
700
Association Fee Frequency
Quarterly
Total HOA Fee Per Year
2800
HOA Transfer Fee
No

Status Change Info

Under Contract Date
2026-02-21
Proposed Close Date
2026-05-29
Sold Price Per/SF
0

More Information

Remarks

Public Remarks
A rare opportunity in the heart of downtown Basalt's coveted Old Town district. This premier street-front commercial property with an upper-level studio delivers an exceptional blend of style, functionality, and prime positioning in one of Basalt's most vibrant and walkable settings. Whether envisioned as a boutique retail concept, creative studio, gallery, professional office, or live/work environment, the space adapts effortlessly. The remodeled lower level is anchored by expansive floor-to-ceiling windows that flood the interior with natural light, creating a bright, welcoming atmosphere while establishing a striking storefront presence with great visibility and strong curb appeal. Upstairs, a full renovation is underway, transforming the studio into a sleek, thoughtfully designed living space with elevated finishes and flexible functionality. Completion is anticipated in Spring 2027, offering a compelling opportunity to secure the property ahead of final delivery. Notably, this is the only unit in the building approved for residential use on the upper level, adding a layer of rarity and distinction that is increasingly difficult to find in Basalt's historic core. With steady foot traffic, exceptional exposure, and timeless appeal, this distinctive property offers a unique opportunity to establish a presence in thriving historic Basalt.

Construction

Frame
Yes

Condition

Excellent
Yes
New
Yes

Basement/Substructure

Crawl Space
Yes

Gas

None
Yes

Roof

Composition Shingles
Yes

Water

Public
Yes

Sanitation

Sewer
Yes

Extras

Security System
Yes
Storage Shed
Yes

Possession

DOD
Yes

Sign

Yes
Yes

Property Features

Construction: Frame Roof: Composition Shingles Condition: Excellent; New Gas: None Water: Public Sanitation: Sewer Possession: DOD Extras: Security System; Storage Shed Sign: Yes

Room Information

Room Name Level
Office Main
IDX
Listing Office: Slifer Smith & Frampton RFV
Source MLS Verified
Last Updated: February - 25 - 2026
Broker Attribution: (970) 925-8088

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