229 Midland Avenue D2, Basalt, CO 81621 (MLS# 186092) -

229 Midland Avenue D2, Basalt, CO 81621

$1,595,000

Property Type: Commercial Sale Square Footage: 2,038 Status: Active

Current Price: $1,595,000 List Date: 1/26/2026 Last Modified: 1/26/2026

Overview

Description

Prime commercial real estate has always been and continues to be a great long-term investment. Located on the Frying Pan River in the heart of downtown Basalt, this architectural masterpiece is the quintessential blend of form and function. Whether an end-user desires an inspiring work environment for their team and clients or an investor interested in a blended return on the cap rate and historical appreciation, this upstairs office space is strategically designed and located in historic downtown Basalt and represents a unique opportunity.

Listing Details MLS# 186092

Location Info

Inside City Limits: Yes
Condominiumized: No
Zoning City: Basalt
Zoning County: Eagle
Type: Commercial
Major Area: Basalt
Area: 05-Basalt Proper
Asking Price: 1595000
Original List Price: 1595000
Street #: 229
Street Name: Midland
Street Suffix: Avenue
Address 2/Unit #: D2
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

Total Building SqFt: 1.001 - 5,000
Association Dues: Yes
Association Fee: 1229.8
Association Fee Frequency: Monthly

Listing Info

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

General Info

Sub/Loc: Riverwalk
County: Eagle
Legal: Unit D2,Riverwalk at Fryingpan Condominium Association
Zoning: Commercial
Total SqFt: 2038
Unit SqFt: 2038
Parcel #: 246707449071
Year Built: 2002
Year Remodeled: 2024
Directions: Take a right hand turn off of Midland Avenue, building is free standing along the river.

Financing Info

Metro Tax District: No
Taxes: 24554
Tax Year: 2023
Transfer Tax: No
HOA Dues: 14757.6
Total HOA Fee Per Year: 14757.6

Status Change Info

Sold Price Per/SF: 0

More Information

Remarks

Public Remarks: Prime commercial real estate has always been and continues to be a great long-term investment. Located on the Frying Pan River in the heart of downtown Basalt, this architectural masterpiece is the quintessential blend of form and function. Whether an end-user desires an inspiring work environment for their team and clients or an investor interested in a blended return on the cap rate and historical appreciation, this upstairs office space is strategically designed and located in historic downtown Basalt and represents a unique opportunity.

Allowable Uses

Office: Yes

Construction

Frame: Yes

Electric

Yes: Yes

Condition

Good: Yes

Basement/Substructure

Crawl Space: Yes

Gas

Natural Gas: Yes

Roof

Metal: Yes

Water

Community: Yes

Sanitation

Sewer: Yes

Water Rights

No: Yes

Extras

Restrooms: Yes
Smoke Detectors: Yes

Heating/Cooling

Baseboard: Yes
Central AC: Yes

Location Amenities

River Frontage: Yes

Mineral Rights

No: Yes

Parking

1 - 5 Spaces: Yes
Assigned: Yes

Occupant

Owner Occupied: Yes

Disclosures

Right of 1st Refusal: Yes

Terms Offered

Cash: Yes

Possession

DOD: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Office Construction: Frame Roof: Metal Condition: Good Electric: Yes Gas: Natural Gas Water: Community Sanitation: Sewer Parking: 1 - 5 Spaces; Assigned Extras: Restrooms; Smoke Detectors Location Amenities: River Frontage Occupant: Owner Occupied Disclosures: Right of 1st Refusal Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD

Listing Office: Compass Aspen

Last Updated: January - 26 - 2026

Broker Attribution: 970-925-6063

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