214 Midland Avenue, Basalt, CO 81621 (MLS# 192051) -

214 Midland Avenue, Basalt, CO 81621

$1,400,000

Property Type: Commercial Sale Square Footage: 2,312 Lot Size (sq. ft.): 1,873 Status: Active

Current Price: $1,400,000 List Date: 3/18/2026 Last Modified: 4/16/2026

Overview

Description

Own a rare standalone building in the heart of charming downtown Basalt, just 20 minutes from Aspen, Colorado. This is an exceptional investment opportunity with flexibility for an owner-user to occupy the street-level space or for an investor to unlock additional upside by leasing at market rates. Basalt is already a vibrant, sought-after destination, and the momentum continues with the Midland Residences set to complete this summer, exciting new restaurants opening, and the ever-popular town park drawing locals and visitors alike. Opportunities like this are few and far between in downtown Basalt--this is one you do not want to miss.

Listing Details MLS# 192051

Location Info

Inside City Limits: No
Condominiumized: No
Zoning City: Basalt
Zoning County: Eagle
Type: Commercial
Major Area: Basalt
Area: 05-Basalt Proper
Asking Price: 1400000
Original List Price: 1400000
Street #: 214
Street Name: Midland
Street Suffix: Avenue
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

Association Dues: No

Listing Info

Occupant Type: Tenant
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Member Association: Aspen Association

General Info

Sub/Loc: None
County: Eagle
Legal: Subdivision: FIRSTBASALT COMPANY EX, THE Lot: 1
Zoning: C-2 Commercial
Lot SqFt: 1873
Nbr of Acres: 0.04
Total SqFt: 2312
Unit SqFt: 2312
Inventory: No
Parcel #: 246707437001
Year Built: 1948
Year Remodeled: 2023
Directions: Next to the Basalt Mountain Inn on Midland Ave in downtown Basalt.

Financing Info

Metro Tax District: No
Taxes: 21633.37
Tax Year: 2025
Transfer Tax: No
Total HOA Fee Per Year: 0

Status Change Info

Sold Price Per/SF: 0

More Information

Remarks

Public Remarks: Own a rare standalone building in the heart of charming downtown Basalt, just 20 minutes from Aspen, Colorado. This is an exceptional investment opportunity with flexibility for an owner-user to occupy the street-level space or for an investor to unlock additional upside by leasing at market rates. Basalt is already a vibrant, sought-after destination, and the momentum continues with the Midland Residences set to complete this summer, exciting new restaurants opening, and the ever-popular town park drawing locals and visitors alike. Opportunities like this are few and far between in downtown Basalt--this is one you do not want to miss.

Allowable Uses

Hospitality: Yes
Hotel/Lodge: Yes
Office: Yes
Restaurant/Bar: Yes
Retail: Yes

Construction

Brick: Yes

Electric

Yes: Yes

Condition

Good: Yes

Basement/Substructure

Slab: Yes

Water

Public: Yes

Sanitation

Sewer: Yes

Extras

Restrooms: Yes

Heating/Cooling

Central AC: Yes
Forced Air: Yes
Gas: Yes

Location Amenities

High Traffic Loc: Yes

Parking

None: Yes

Occupant

Tenant Occupied: Yes

Possession

Subject to Lease: Yes

Property Features

Allowable Uses: Hospitality; Hotel/Lodge; Office; Restaurant/Bar; Retail Construction: Brick Condition: Good Electric: Yes Water: Public Sanitation: Sewer Parking: None Extras: Restrooms Location Amenities: High Traffic Loc Occupant: Tenant Occupied Possession: Subject to Lease

Documents

Floor Plan ›

Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Updated: April - 16 - 2026

Broker Attribution: (970) 925-6060

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