Listing Agency: Aspen Snowmass Sotheby's International Realty - Hyman Mall j***@aspensnowmasssir.com Show Phone

Listed By: Sarah Pegler · License #FA100049462 Show Phone

Source: Frontierhomeandranch

Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:51PM

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Investment Insights

Based on property information with market context.

This street-level retail space carries Commercial zoning and is located in downtown Basalt. The property is positioned near the Midland Avenue and Two Rivers intersection, with River Park amenities nearby. Community Banks is adjacent to the space.

Key Highlights

• Street‑level retail space
• Commercial zoning
• Adjacent to Community Banks

Property Analytics

Current Use

Traffic Clothing Clothing & Fashion Store ChargePoint Charging Station Electric Vehicle Charging Station Stay Aspen Snowmass Corporate Office Electric Vehicle Charging ... Electric Vehicle Charging Station Community Banks of Colorado Bank

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

NNN (Triple Net)

Lease Type

$6.30 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

713

Businesses Nearby

17k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 91% Dining 9%

7-Eleven Shops & Services

5,461 visits/mo 0.2 miles

Conoco Shops & Services

3,648 visits/mo 0.2 miles

Exxon Shops & Services

2,735 visits/mo 0.2 miles

Phillips 66 Shops & Services

2,227 visits/mo 0.1 miles

SUBWAY Dining

1,521 visits/mo 0.2 miles

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

Lease Benchmarks for Basalt, CO

$32.25 /SF/Yr

Avg Asking Price

$24–$35 /SF/Yr

Price Range

This space is priced 30% above the average of $32.25 /SF/Yr.

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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162 Midland Avenue, Basalt, CO 81621

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Street-Level Retail Space

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Ground-Floor Retail Space

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Ground-Floor Divisible Retail Suite

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Remodeled Retail Suite

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Retail Space with Display Windows

207 Basalt Center Circle #Unit 101, Basalt, CO 81621

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Retail Suite with Treatment Rooms

227 Midland Avenue #13 A, Basalt, CO 81621

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South-Facing Retail Storefront

160 Midland Avenue, Basalt, CO 81621

$55 SF/Yr

907 sqft

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Corner Retail Space

355 Gold Rivers Court #2 & 2a, Basalt, CO 81621

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Office Suite With Private Entrance

129 Emma Road #A-1, Basalt, CO 81621

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End-Unit Office Suite

711 E Valley Rd 202a, Basalt, CO 81621

$46 SF/Yr

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Frequently Asked Questions

What type of property is this?

Retail space - Commercial zoning and a downtown Basalt setting define this street-level space.

Where is this retail space located?

The property is located at 255 Gold Rivers Court #150 Basalt, CO.

What is the lease rate?

The lease rate is $42 SF/Yr.

What are key features of this property?

This property features: Street‑level retail space; Commercial zoning; Adjacent to Community Banks