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Tree Farm Dr Basalt, CO 81621

Sponsored
For Sale
$2,050,000

Prime Basalt location, approved plans, high visibility.

Description

Added:
Feb 3, 2025
Days on Market:
354
This exceptional investment opportunity presents a 0.46-acre parcel in the desirable Tree Farm Planned Unit Development (PUD) in Basalt, Colorado. Lot C-1 boasts approved plans and a readily available permit for the construction of a 5,555 square foot retail space, offering high visibility and significant potential. Above the retail space, plans include 10 Eagle County deed-restricted housing units, totaling 5,238 square feet of residential space, comprising ten one-bedroom units. This development is ideally suited for a variety of uses, including a bank, spa, or wellness center. The retail space is also divisible into multiple smaller units, providing flexibility for various tenants. The property includes 35 parking spaces, ensuring ample convenience for both residents and customers. This property is part of the exciting Lakeside development, a vibrant mixed-use community featuring luxury residential units, The Hoffman Hotel, and additional restaurant and retail spaces. This listing presents a unique opportunity to acquire a single parcel, or, for a larger-scale investment, the opportunity exists to purchase this parcel in conjunction with three other parcels (B1, B2, B3, and A1-4) for a combined price of $14,875,000. The approved plans and permits streamline the development process, making this an attractive proposition for investors seeking a quick return on investment in a thriving Colorado community. The asking price for this individual parcel is $2,050,000.

Property Features for Tree Farm Dr

General Information

Property type
Other commercial real estate
Lot Size
20,038 SF

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Listing Contact
Harrison Sachs

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Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Basalt
County
Eagle
State
Colorado
Longitude
-107.008
Latitude
39.3695

FAQs

What type of property is this?
Commercial real estate - Prime Basalt location, approved plans, high visibility.
Where is this commercial real estate located?
The property is located at Tree Farm Dr Basalt, CO.
What is the asking price?
The asking price for this property is $2,050,000.
More about this property
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