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Salon Commercial Condo
For Sale
$799,000

175 Midland Avenue, Basalt, CO 81621

Commercial Sale, Basalt, CO

Property Size690 SF
Price / SF$1,157
Days on Market12

Property Features for 175 Midland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Crawl Space
Subdivision Frying Pan Inn Condos
Directions Ironhorse building at 175 Midland Ave Basalt unit number 6 a/b
Standard status Active
APN 246707416006
Size 690 SF

Taxes and HOA fees

Tax Year 2025
Tax Description DESC: BLDG 2 (COMMERCIAL) Subdivision: FRYING PAN INN CONDOMINIUMS Unit: 5 BK-0391 PG-0109 QCD 07-31-84 BK-0436 PG-053 QCD 02-06-86 BK-0636 PG-0731 SWD 04-05-94 R828513 QCD 03-26-03 R828518 QCD 03-26-03
Tax Annual Amount 5113
Legal Description DESC: BLDG 2 (COMMERCIAL) Subdivision: FRYING PAN INN CONDOMINIUMS Unit: 5 BK-0391 PG-0109 QCD 07-31-84 BK-0436 PG-053 QCD 02-06-86 BK-0636 PG-0731 SWD 04-05-94 R828513 QCD 03-26-03 R828518 QCD 03-26-03

Utilities

Water source Public

Building Details

Year built 1982
Floors in Building 2
Building materials Frame
Roof type Composition
Listing Agency: eXp Realty LLC
Listed By: Shannon M Francis-Pienaar
Added: Aug 10 Changed: Aug 20 Last Checked: Aug 21 at 7:06PM
MLS# 194188

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 690-square-foot commercial condominium is configured for a two-person salon and includes one three-quarter bath. The unit is currently zoned Commercial, with a frame construction and composition roof dating to 1982. Existing salon equipment and other personal property may be negotiated separately.

The property is located at 175 Midland Avenue in Downtown Basalt, near restaurants, boutiques, galleries, and the Roaring Fork River. A designated parking space accompanies the unit, providing dedicated on-site parking in the downtown setting.

The complex has approval for residential conversion, subject to required permits, approvals, and improvements; one other unit has already been converted. No residential conversion permits have been issued for this unit. Buyer to independently verify zoning, permitted uses, conversion requirements, permitting, HOA requirements, and square footage.

Key Highlights

  • 690 sq. ft. commercial condominium
  • Configured as a two‑person salon with one 3/4 bath
  • Commercial zoning with residential conversion approved at the complex level

Property Analytics

Current Use

Lu Krueger-Andersen, LPC Counselor Olsen and Kelley Architects Architect Dallas & Harris Photography Photography Service A 3 Development LLC Association Or Organization

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.

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Spa & wellness property - Commercially zoned space with a private parking space and one three-quarter bath.
Where is this spa & wellness property located?
The property is located at 175 Midland Avenue Basalt, CO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 690 sq. ft. commercial condominium; Configured as a two‑person salon with one 3/4 bath; Commercial zoning with residential conversion approved at the complex level
More about this property
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