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Downtown Retail-Office Suite
For Sale
$495,000

227 Midland Avenue, Basalt, CO 81621

Front-and-center suite with large storefront windows, double entry doors, private parking, and an outdoor garden area.

Property Size603 SF
Price / SF$820.90
Days on Market511

Property Features for 227 Midland Avenue

General Information

Standard status Active
Size 603 SF
Property subtype General Commercial

Additional Details

Clear Height 11 ft

Taxes and HOA fees

Annual Taxes $8,861

Amenities

3

Building Details

Year Built 2002
Listing Agency: Aspen Snowmass Sotheby's International Realty
Listed By: Hyman Mall
Source: Xome
Added: Apr 12, 2025 Changed: Sep 3 Last Checked: Sep 4 at 3:01AM

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 Aspen Snowmass Sotheby's International Realty

Investment Insights

Based on property information with market context.

This front-and-center retail/office suite is located within the Riverwalk Building in downtown Basalt and features large storefront windows and double entry doors. The space was fully gutted and improved with a kitchen and bathroom, and includes installed air conditioning with a rooftop condenser unit. Interior finishes include new LED lighting, polished concrete floors, built-in cabinetry with floating shelves, Caesarstone countertops, marble wall tile, a backlit mirror, Brizo Touch faucets, and a Toto toilet, along with an 11-foot ceiling height and a large storage closet.

The suite is described as having ample private parking and a garden area out front. The property is positioned along Midland Avenue in downtown Basalt, with the Riverwalk Building identified on the right-hand side when driving through downtown.

Available space is configured as a combined retail/office environment with dedicated back-of-house elements including a kitchen and bathroom, supported by the HVAC installation and the upgraded lighting and finishes throughout.

Key Highlights

  • Front‑and‑center retail/office space in the Riverwalk Building on Midland Avenue in Downtown Basalt
  • Large storefront windows and double entry doors for customer‑facing visibility
  • Ample private parking plus a beautiful garden out front

Property Analytics

Current Use

Stephen Chase Dental Office TBI Therapy Medical Clinic Wren's Nest Art ... Art Studio Basalt Dentistry Dental Office Our Nurses Inc Home Health Care Service

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Garden Center Plumbing Service (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11 ft
Clear height

Location Intelligence

Trade Area within ½ mile

698
Businesses Nearby
Well-served
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • Flower Franch 23300 Two Rivers Rd #33, Basalt, CO 81621
  • Candy Florist 174 Midland Ave, Basalt, CO 81621

Frequently Asked Questions

What type of property is this?
Storefront property - Front-and-center suite with large storefront windows, double entry doors, private parking, and an outdoor garden area.
Where is this storefront property located?
The property is located at 227 Midland Avenue Basalt, CO.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Front‑and‑center retail/office space in the Riverwalk Building on Midland Avenue in Downtown Basalt; Large storefront windows and double entry doors for customer‑facing visibility; Ample private parking plus a beautiful garden out front
More about this property
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