Custom-Finished
For Sale
$299,000
351 Market Street, Basalt, CO 81621
Commercial Sale, Basalt, CO
Property Size2,855 SF
Price / SF$104.73
Days on Market38
Property Features for 351 Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
WTC PUD
Subdivision
Willits
Directions
Located at Willits, In the same building between Mezzaluna and Westbound and Down.
Standard status
Active
APN
000000000
Size
2,855 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SUBDIVISION: BLOCK SEVEN CONDOMINIUMS UNIT: R706
Legal Description
SUBDIVISION: BLOCK SEVEN CONDOMINIUMS UNIT: R706
Utilities
Water source
Public
Building Details
Year built
2017
Floors in Building
1
Building materials
Concrete, Steel Frame
Listing Agency:
Setterfield & Bright
(970) 920-1833
Listed By:
Angi Wang, CNE
(970) 274-6117
Added: Aug 6
Changed: Sep 2
Last Checked: Sep 12 at 9:06AM
MLS# 194158
Copyright © 2026 Aspen Glenwood MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,855-square-foot restaurant property in Basalt features a finished interior with custom wood tables, handmade beams, and an ambient dining setting. The improvements were completed in 2017, with concrete and steel-frame construction and public water service. Existing furniture, fixtures, and equipment are included, supporting either continuation of the current business or introduction of a new restaurant concept.
The property is located at 351 Market Street in Basalt, Colorado. An existing lease runs through August 2028 and includes one additional five-year extension option. The lease also provides for percentage rent of 6% on annual gross sales above $1,000,000 during each option term.
The property is located at 351 Market Street in Basalt, Colorado. An existing lease runs through August 2028 and includes one additional five-year extension option. The lease also provides for percentage rent of 6% on annual gross sales above $1,000,000 during each option term.
Key Highlights
- 2,855‑square‑foot restaurant property in Basalt
- Custom wood tables and handmade beams create a distinctive interior setting
- Existing FF&E included with the restaurant space
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
65k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 73%
Dining 12%
Shops & Services 10%
Hotels & Casinos 4%
City Market
Groceries
24,214 visits/mo
0.5 miles
Whole Foods Market
Groceries
23,645 visits/mo
0.1 miles
Starbucks
Dining
8,047 visits/mo
0.1 miles
Conoco
Shops & Services
6,814 visits/mo
0.2 miles
Element Basalt - Aspen
Hotels & Casinos
2,663 visits/mo
0.1 miles
Demographics for 81621, CO
6,034
Population
3,145
Households
1.9
Avg Household Size
41
Median Age
59%
College-Educated
96%
High-School Grad
258.7 sq mi
ZIP Area
23
Density / Sq Mi
$103,721
Median Household Income
$58,008
Median Earnings
$2,220
Median Rent
$1,138,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space includes custom wood tables, handmade beams, and existing FF&E for a new concept or business continuation.
Where is this conventional restaurant located?
The property is located at 351 Market Street Basalt, CO.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,855‑square‑foot restaurant property in Basalt; Custom wood tables and handmade beams create a distinctive interior setting; Existing FF&E included with the restaurant space
