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Riverfront Mixed-Use Commercial Building
For Sale
$1,670,000

189 Basalt Center Cir, Basalt, CO 81621

Turn-key, fully remodeled building with walk-out water access and flexible suite options for office or retail use.

Property Size832 SF
Days on Market91

Property Features for 189 Basalt Center Cir

General Information

Standard status Active
Size 832 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,972

Building Details

Building Size 832 SF
Year Built 1978
Stories 1
Tenancy Multi
Listing Agency: Douglas Elliman Real Estate-Hyman Ave
Listed By: Gabe Molnar · License #FA100095642
Source: Elliman
Added: Jun 3 Changed: Aug 31 Last Checked: Aug 31 at 5:22PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman Real Estate-Hyman Ave

Investment Insights

Based on property information with market context.

This fully reimagined riverfront commercial building has been completely remodeled inside and out, with refined finishes and updated exterior and grounds. The light-filled interior is designed for flexible use, and the layout can support a single-tenant occupancy or multiple operations. For added flexibility, the building is split into three suites, allowing for separate tenancies and varied income streams. A walk-out back patio provides direct access to the water setting.

The property is located at the heart of downtown Basalt, addressed at 189 Basalt Center Cir. It offers a distinctive riverfront experience with walk-out water access from the rear patio, creating a setting that can support client-facing workspaces such as showrooms, design studios, boutique offices, or gallery-style environments. The surrounding area includes the redeveloped Midland Avenue corridor and the Midland Residences, which features ground-level commercial amenities.

Zoning supports retail, office, and a broad range of commercial uses, giving tenants and buyers flexibility in how they configure the space. With three suites available, the building can also be approached as an owner-operator opportunity or as a multi-tenant offering, depending on the end use. The result is a turn-key property designed to begin operations without additional work.

Key Highlights

  • Riverfront commercial building in downtown Basalt with walk‑out water access
  • Completely remodeled inside and out, including updated exterior and redone grounds
  • Split into three suites for multiple income streams or to occupy the whole building

Property Analytics

Current Use

Office buildings

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Turn-key, fully remodeled building with walk-out water access and flexible suite options for office or retail use.
Where is this office building located?
The property is located at 189 Basalt Center Cir Basalt, CO.
What is the asking price?
The asking price for this property is $1,670,000.
What are key features of this property?
This property features: Riverfront commercial building in downtown Basalt with walk‑out water access; Completely remodeled inside and out, including updated exterior and redone grounds; Split into three suites for multiple income streams or to occupy the whole building
More about this property
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