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    Basalt, CO Hospitality Properties for Sale

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    Aspen, CO Snowmass, CO Snowmass Village, CO
    Historic Landmark Mixed-Use Potential
    $12,500,000
    5,364 SF
    Historic Landmark Mixed-Use Potential

    165 Midland Avenue, Basalt, CO 81621

    Iconic Basalt property with redevelopment potential in prime downtown location.
    • Prime Downtown Location: Situated in the heart of Basalt on Midland Avenue.
    • Mixed‑Use Redevelopment Potential: Zoned C‑2, allowing for a dynamic blend of uses.
    • Historic Landmark: Iconic Colorado Midland Hotel, built in 1896, offering exceptional character.
    • Transferable Income: Existing leases for commercial and residential units provide immediate cash flow.
    • Significant Redevelopment Potential: Approximately 0.322 acres with +\/-5,364 sq. ft. of existing floor area.
    Updated: Feb 9, 2024
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    Historic Basalt Mixed-Use Opportunity
    $12,500,000
    5,547 SF
    Historic Basalt Mixed-Use Opportunity

    165 Midland Ave, Basalt, CO 81621

    Iconic property with redevelopment potential in downtown Basalt.
    • Prime Downtown Location: Centrally located on Basalt's main street, close to retail, dining, and the Roaring Fork River.
    • Mixed‑Use Zoning (C‑2): Allows for a dynamic blend of commercial, residential, and institutional uses.
    • Significant Redevelopment Potential under Basalt's C‑2 zoning, with conceptual studies suggesting a luxury boutique hotel or mixed‑use development.
    • Historic Charm with Modern Upgrades: Remodeled in 2006, preserving original architectural details.
    • Transferable Income: Existing leases for commercial (restaurant) and residential units provide immediate cash flow.
    Updated: Mar 14, 2024
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Basalt, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Boutique Hotel Business Opportunity
    $1,585,000
    2,060 SF
    Boutique Hotel Business Opportunity

    Boutique hotel in downtown Minturn, Colorado, near Vail and Beaver Creek.

    167 Williams Street, Minturn, CO 81645

    View details
    Charming Minturn Inn For Sale
    $2,275,000
    3,821 SF
    Charming Minturn Inn For Sale

    Established hospitality asset in historic Minturn, Colorado.

    Minturn, CO 81645

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    St Regis Residence Club Aspen
    $1,495,000
    1,612 SF
    St Regis Residence Club Aspen

    Luxury St Regis Residence Club membership in Aspen, Colorado.

    315 E Dean Street, Aspen, CO 81611

    View details
    Luxury Aspen Resort Residence Club
    $425,000
    1,473 SF
    Luxury Aspen Resort Residence Club

    Elegant St Regis Residence Club with premier ski weeks.

    315 E Dean Street, Aspen, CO 81611

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Glenwood Springs Commercial Opportunity
    $4,900,000
    3.93 Acres
    Glenwood Springs Commercial Opportunity

    Four acres in Glenwood Springs with diverse development possibilities.

    51993 Hwy 6 & 24, Glenwood Springs, CO 81601

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    Glenwood Springs Commercial Development Opportunity
    $5,500,000
    3.00 Acres
    Glenwood Springs Commercial Development Opportunity

    Prime commercial land for development in Glenwood Springs, Colorado.

    51579 Highway 6 & 24, Glenwood Springs, CO 81601

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    Patented Mining Claim Land Parcel
    $190,000
    10.33 Acres
    Patented Mining Claim Land Parcel

    Mostly level patented land with historic cabin remains and a tunnel feature, offering rare solitude and direct access by wilderness trail.

    315 Forest Service Road, Crystal, CO 81623

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    Riverfront Commercial Land in Silt
    $1,200,000
    15.21 Acres
    Riverfront Commercial Land in Silt

    15.21 acres of commercially zoned riverfront property for sale.

    1421 River Frontage Road, Silt, CO 81652

    View details

    Basalt, CO Hospitality Properties Investment Opportunities Market Analysis

    Explore 2 hospitality properties for sale in Basalt, CO on our real estate platform. These investment opportunities span a total of 10,911 square feet of properties for sale, with an estimated market value of $25,000,000.

    Sale prices for hospitality properties in Basalt, CO start at $12,500,000, averaging $12,500,000, and reaching up to $12,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Hotels 2

    Demographics Overview

    Population 6,349
    Population Growth (5Y) +7.1%
    Median Household Income $103,721
    College Educated 79.2%

    High-Yield Neighborhoods for Investment

    Identify Basalt submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    81621 $12.5M

    Taxes & Financing

    Tax Rate (average for all types) 8.31%
    Property Tax per SF $33.14 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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