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
...
(Read more)
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.
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.
Listing Office:
Aspen Snowmass Sotheby's International Realty - Hyman Mall

Last Updated: March - 20 - 2025
Broker Attribution:
(970) 925-6060
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