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Riverfront Office Unit
For Sale
$1,595,000

229 Midland Avenue D2, Basalt, CO 81621

Upper-level office space at 229 Midland Avenue in downtown Basalt, overlooking the Frying Pan River.

Property SizeContact for details
Days on Market40

Property Features for 229 Midland Avenue D2

General Information

Standard status Active
Listing Agency: Compass Aspen
Listed By: Sam Augustine · License #FA100074252
Source: Aspenexperts
Added: Jul 26 Changed: Aug 30 Last Checked: Sep 2 at 3:41PM

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 Compass Aspen

Investment Insights

Based on property information with market context.

This office unit is positioned on an upper level at 229 Midland Avenue, D2, providing a dedicated commercial workspace in downtown Basalt. The property sits along the Frying Pan River within the town’s historic downtown district.

Its combination of an office configuration and central riverfront setting supports both owner-user and investment-oriented consideration without relying on a specific operating use.

Key Highlights

  • Upper‑level office unit at 229 Midland Avenue, D2
  • Located on the Frying Pan River
  • Situated in downtown Basalt

Property Analytics

Current Use

Waterlaw: Patrick, Miller, ... Law Firm Studio Leeds Architecture Architect River CoWorks Real Estate Agency

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

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 units - Upper-level office space at 229 Midland Avenue in downtown Basalt, overlooking the Frying Pan River.
Where is this office units located?
The property is located at 229 Midland Avenue D2 Basalt, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Upper‑level office unit at 229 Midland Avenue, D2; Located on the Frying Pan River; Situated in downtown Basalt
More about this property
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