701 E Valley Road, Basalt, CO 81621

$15,400,000
Property Type: Commercial Sale Square Footage: 10,399 Lot Size (sq. ft.): 39,640 Status: Closed
Current Price: $15,400,000 List Date: 8/16/2024 Last Modified: 3/20/2025

Overview

Description

Sale of the business allocated at $1,200,000. The Willits General Store is a 0.9-acre trophy property functioning as a gas station, convenience store, Willits Grill, and car wash. It is strategically located in the Willits Town Center, a bustling area anchored by some of the region's top-performing grocery stores, including Whole Foods and City Market, along with numerous Class A commercial and residential developments. Nearby amenities include Starbucks, The Steadman Clinic, the new Hoffman Hotel, Tree Farm Development, Park Modern, numerous restaurants, and The Arts Campus at Willits. Situated at a prominent corner with entry access, the property benefits from a daily traffic flow of approximately 28,000 vehicles, 3.5 times the combined population of Basalt and El Jebel. Since its completion in 2003, the Conoco station has featured eight covered fuel pumps, the Willits Wash car wash, a convenience store, and seven fully leased commercial spaces totaling 10,000 square feet. Key hi ...

Listing Details MLS# 185099

Location Info

Inside City Limits
Yes
Condominiumized
No
Zoning City
Basalt
Zoning County
Eagle
Type
Business with Real Estate
Major Area
Basalt
Area
05-Basalt Proper
Asking Price
17995000
Original List Price
21250000
Street #
701
Street Direction Pfx
E
Street Name
Valley
Street Suffix
Road
City/Town
Basalt
State/Province
CO
Postal Code
81621

Keywords Info

Total Building SqFt
5,001 - 10,001
Association Dues
No

Listing Info

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

General Info

Sub/Loc
Willits
County
Eagle
Legal
Subdivision: WILLITS TOWN CENTER FIL 1 Block: 1 Lot: 1
Zoning
Commercial Limited
Lot SqFt
39640
Nbr of Acres
0.91
Stories
2
Total SqFt
10399
Unit SqFt
10399
Parcel #
246502207001
Year Built
2003
Directions
701 E Valley, Basalt CO

Financing Info

Metro Tax District
No
Taxes
102070
Tax Year
2023
Transfer Tax
No
HOA Dues
0
Total HOA Fee Per Year
0

Status Change Info

Under Contract Date
2024-12-13
Proposed Close Date
2025-01-24
Sold Date
2025-02-10
Sold Price Per/SF
1480.91
How Sold
Conventional

More Information

Remarks

Public Remarks
Sale of the business allocated at $1,200,000. The Willits General Store is a 0.9-acre trophy property functioning as a gas station, convenience store, Willits Grill, and car wash. It is strategically located in the Willits Town Center, a bustling area anchored by some of the region's top-performing grocery stores, including Whole Foods and City Market, along with numerous Class A commercial and residential developments. Nearby amenities include Starbucks, The Steadman Clinic, the new Hoffman Hotel, Tree Farm Development, Park Modern, numerous restaurants, and The Arts Campus at Willits. Situated at a prominent corner with entry access, the property benefits from a daily traffic flow of approximately 28,000 vehicles, 3.5 times the combined population of Basalt and El Jebel. Since its completion in 2003, the Conoco station has featured eight covered fuel pumps, the Willits Wash car wash, a convenience store, and seven fully leased commercial spaces totaling 10,000 square feet. Key highlights include: - Exceptional co-tenancy. - Prime location in the heart of the Roaring Fork Valley, between Aspen and Glenwood. - 100% leased commercial spaces. - One of only seven gas stations on Highway 82 in the upper valley. One of two in the Willits area. - Termination option on the fuel contract, offering flexibility not found in other gas station properties. - Redevelopment clauses do not restrict the upstairs commercial space. - Sale includes gas station and c-store business and real estate.
IDX
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Source MLS Verified
Last Updated: March - 20 - 2025
Broker Attribution: (970) 925-6060

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