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    Basalt, CO Hotels for Sale

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    Historic Landmark Mixed-Use Potential
    $12,500,000
    5,364 SF

    Historic Landmark Mixed-Use Potential

    165 Midland Ave, 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: Dec 10, 2025
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    Basalt Hotel Redevelopment Opportunity
    $13,495,000
    0.32 Acres

    Basalt Hotel Redevelopment Opportunity

    165 Midland Ave, Basalt, CO 81621

    Prime Downtown Basalt Hotel, Redevelopment Potential

    • $13,495,000 Asking Price
    • 5,547 SF, $2,432.85/SF
    • .322‑acre lot in downtown Basalt, CO, 20 minutes from Aspen
    • Mixed‑use property with redevelopment potential for high‑end condo‑hotel units
    • Existing 5,547 SF building includes restaurant space, kitchen, offices, storage, and three residential units. Building features include two fireplaces and remodeled patios. Property also includes a children's playground. Renovations completed between 2006‑2020. Buyer to verify square footage and obtain necessary approvals from the Town of Basalt.
    Updated: Dec 11, 2024
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Basalt, CO, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Beaver Creek Ski-In/Ski-Out Condo
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    1,036 SF

    Beaver Creek Ski-In/Ski-Out Condo

    Two-bedroom condo with ski-in/ski-out access and mountain views.

    120 Offerson Rd, Beaver Creek, CO 81620
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    Beaver Creek Ski-In Condo
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    Beaver Creek Ski-In Condo

    Deeded condo with ski-in access and amenities.

    210 Offerson Rd #R-412, Beaver Creek, CO 81620
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    Ski-In/Ski-Out Vail Condo
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    Ski-In/Ski-Out Vail Condo

    2-bedroom condo with ski-in/ski-out access and resort amenities.

    660 Lionshead Pl, Vail, CO 81658
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    Vail Village Deeded Ownership
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    1,148 SF

    Vail Village Deeded Ownership

    Deeded 1/9th ownership in Austria Haus, Vail Village.

    242 Meadow Dr E, Vail, CO 81657
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    Basalt, CO Hotels Investment Opportunities Market Analysis

    Explore 2 hotels for sale in Basalt, CO on our real estate platform. These investment opportunities span a total of 27,966 square feet of properties for sale, with an estimated market value of $25,995,000.

    Sale prices for resorts in Basalt, CO start at $12,500,000, averaging $12,997,500, and reaching up to $13,495,000 — 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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