351 Market Street, Basalt, CO 81621 (MLS# 194158)

351 Market Street, Basalt, CO 81621

$299,000

Property Type: Commercial Sale Square Footage: 2,855 Status: Active

Current Price: $299,000 List Date: 8/11/2026 Last Modified: 9/02/2026

Overview

Description

Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $299,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.

Listing Details MLS# 194158

Location Info

Inside City Limits: Yes
Condominiumized: Yes
Zoning City: Basalt
Zoning County: Eagle
Type: Business
Major Area: Basalt
Area: 05-El Jebel
Asking Price: 299000
Original List Price: 399000
Street #: 351
Street Name: Market
Street Suffix: Street
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

Total Building SqFt: 10,001 - 20,000
Association Dues: Yes
Association Fee Frequency: Monthly

Listing Info

Occupant Type: Tenant
SqFt Level: Ground Floor
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association

General Info

Sub/Loc: Willits
County: Eagle
Legal: SUBDIVISION: BLOCK SEVEN CONDOMINIUMS UNIT: R706
Zoning: WTC PUD
Stories: Yes
Total SqFt: 2855
Unit SqFt: 2855
Ceiling Height: 14
Business Name: Alpine House
Inventory: Yes
Parcel #: 000000000
Year Built: 2017
Year Remodeled: 2018
Directions: Located at Willits, In the same building between Mezzaluna and Westbound and Down.

Financing Info

Metro Tax District: Yes
Metro Tax District URL: n/a
Tax Year: 2025
Transfer Tax: No

More Information

Remarks

Public Remarks: Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $299,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.

Property Features

Allowable Uses: Restaurant/Bar; Retail Current Use: Restaurant Construction: Concrete; Steel Frame Condition: Excellent Electric: Electricity Connected; Yes Gas: Natural Gas Connected Water: Public Sanitation: Community; Sewer Parking: Parking Lot Water Rights: No Mineral Rights: No Terms Offered: Assumption Sign: No

Listing Office: Setterfield & Bright

Last Updated: September - 02 - 2026

Broker Attribution: (970) 920-1833

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