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    Basalt, CO Hotels 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.

    Historic Hotel with Restaurant Space
    $2,400,000
    0.67 Acres

    Historic Hotel with Restaurant Space

    Unique investment opportunity in Fairplay with strong income potential.

    500 Main Street, Fairplay, CO 80440
    View details
    Historic Boutique Hotel Investment Opportunity
    $1,490,000

    Historic Boutique Hotel Investment Opportunity

    Updated hotel with income potential in prime location.

    104 S 2nd St, Kremmling, CO 80459
    View details
    Historic Mixed-Use Commercial Property
    $1,490,000
    0.16 Acres

    Historic Mixed-Use Commercial Property

    Boutique hotel with rental history and prime location.

    104 S 2nd, Kremmling, CO 80459
    View details
    Charming Historic Cabin For Sale
    $598,000

    Charming Historic Cabin For Sale

    Renovated 3-bedroom cabin in Fairplay's Town Center.

    540 Front Street Unit N/A, Fairplay, CO 80440
    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
    View details
    Twin Lakes Land Development Opportunity
    $1,600,000
    21.83 Acres

    Twin Lakes Land Development Opportunity

    22-acre property with highway frontage near Twin Lakes, Colorado.

    10575 Co-82, Twin Lakes, CO 81251
    View details
    Fairplay Commercial Land on Highway
    $1,200,000
    2.88 Acres

    Fairplay Commercial Land on Highway

    2.88-acre commercial lot with highway frontage in Fairplay, Colorado.

    Us-285 lot: C01, Fairplay, CO 80440
    View details
    Ski-In/Ski-Out Buildable Lot
    $5,975,000
    0.10 Acres

    Ski-In/Ski-Out Buildable Lot

    Ski-in/ski-out lot with utilities in Steamboat Springs, Colorado.

    Ski Trail Lane lot: 1, Steamboat Springs, CO 80487
    View details

    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 10,911 square feet of properties for sale, with an estimated market value of $25,000,000.

    Sale prices for resorts 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%

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