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Riverfront Office Unit
For Sale
$1,595,000

229 Midland Avenue, Basalt, CO 81621

COMMERCIAL - Basalt, CO

Property Size2,038 SF
Price / SF$782.63
Days on Market645

Property Features for 229 Midland Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Basement Crawl Space
Subdivision Riverwalk
Directions Take a right hand turn off of Midland Avenue, building is free standing along the river.
Standard status Active
APN 246707449071
Size 2,038 SF

Taxes and HOA fees

Tax Year 2024
Tax Description Unit D2,Riverwalk at Fryingpan Condominium Association
Tax Annual Amount 26194
HOA Fee $14,758 Monthly
Legal Description Unit D2,Riverwalk at Fryingpan Condominium Association

Utilities

Water front features River Front
Water front 1

Building Details

Year built 2002
Building materials Frame
Roof type Metal
Listing Agency: Compass Aspen
Listed By: Sam Augustine · License #FA100074252
Added: Nov 15, 2024 Changed: Aug 4 Last Checked: Aug 22 at 12:06AM
MLS# 186092

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 upstairs office unit offers 2038 square feet of commercial workspace in a frame-built property completed in 2002. The building features a metal roof and is designated Commercial under the stated zoning classification.

The property is positioned along the Frying Pan River at 229 Midland Avenue in downtown Basalt, Colorado. Its riverfront setting and location within the historic downtown area provide a distinct physical context for an office user or owner-occupant.

Key Highlights

  • 2038 square feet of upstairs office space
  • River Front setting along the Frying Pan River
  • Commercial zoning designation

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Upstairs commercial office space with riverfront positioning and Commercial zoning.
Where is this office units located?
The property is located at 229 Midland Avenue 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: 2038 square feet of upstairs office space; River Front setting along the Frying Pan River; Commercial zoning designation
More about this property
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