175 Midland Avenue 4, Basalt, CO 81621

$599,000
Property Type: Commercial Sale Square Footage: 690 Status: Active
Current Price: $599,000 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

Opportunity to Live/Work in Downtown Basalt. Don't miss this rare chance to own a commercial condominium in the vibrant core of downtown Basalt. This versatile two-story unit has been thoughtfully designed for both function and comfort. The upper-level features vaulted ceilings, high windows, and a sliding glass door that floods the space with natural light. Built-in U-shaped cabinetry and drawers provide smart storage, and a swamp cooler ensures a cool, comfortable environment throughout the summer months. A recently remodeled 3/4 bathroom, new paint, and new windows, adds convenience and modern appeal. Recently the Town of Basalt has approved the option to convert the upper floor into a residential unit--creating an exceptional live/work opportunity. Enjoy walking access to world-class restaurants, art studios, music venues, and the renowned Colorado Gold Medal fishing waters. Plus, you're just 17 miles from the slopes of Aspen and Snowmass, making this an ideal base for both ...

Listing Details MLS# 193580

Location Info

Inside City Limits
Yes
Condominiumized
Yes
Zoning City
Aspen
Zoning County
Eagle
Type
Business
Major Area
Basalt
Area
05-Basalt Proper
Asking Price
599000
Original List Price
599000
Street #
175
Street Name
Midland
Street Suffix
Avenue
Address 2/Unit #
4
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Building SqFt
1 - 1,000
Association Dues
Yes
Association Fee
1200
Association Fee Frequency
Quarterly

Listing Info

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

General Info

Sub/Loc
Frying Pan Inn Condos
County
Eagle
Legal
Frying Pan Inn Condominiums, unit 7 Book; 0396, Pg; 0112 proposed legal description change to Ironhorse Condominiums unit 4a & 4b
Zoning
commercial/residenti
Stories
2
Total SqFt
690
Unit SqFt
690
Business Name
n/a
Inventory
No
Parcel #
246707416008
Year Built
1982
Year Remodeled
2024
Directions
Southside of the street on Midland Ave Basalt East of Alpine bank & Tempranillo

Financing Info

Metro Tax District
No
Taxes
3131
Tax Year
2025
Transfer Tax
No
Total HOA Fee Per Year
4800
Special Assessments
upcoming tbd

More Information

Remarks

Public Remarks
Opportunity to Live/Work in Downtown Basalt. Don't miss this rare chance to own a commercial condominium in the vibrant core of downtown Basalt. This versatile two-story unit has been thoughtfully designed for both function and comfort. The upper-level features vaulted ceilings, high windows, and a sliding glass door that floods the space with natural light. Built-in U-shaped cabinetry and drawers provide smart storage, and a swamp cooler ensures a cool, comfortable environment throughout the summer months. A recently remodeled 3/4 bathroom, new paint, and new windows, adds convenience and modern appeal. Recently the Town of Basalt has approved the option to convert the upper floor into a residential unit--creating an exceptional live/work opportunity. Enjoy walking access to world-class restaurants, art studios, music venues, and the renowned Colorado Gold Medal fishing waters. Plus, you're just 17 miles from the slopes of Aspen and Snowmass, making this an ideal base for both business and pleasure.

Units

Units
Yes

Property Features

Allowable Uses: Hospitality; Income; Mixed Use; Office; Retail Construction: Frame Roof: Composition Shingles Condition: New; Excellent Electric: Electricity Connected; Yes Gas: None Water: Public Sanitation: Sewer Parking: 1 - 5 Spaces Access: Paved Extras: Fire Alarm; Fire Sprinkler Sys; Furnished; High Speed Available; Laundry; Living Quarters; Restrooms; Smoke Detectors Disclosures: Excluded Buyer Documents on File: CC & R's Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty-Basalt
Source MLS Verified
Last Updated: July - 01 - 2026
Broker Attribution: (970) 927-8080

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