Building Details

Year Built 2001

Listing Agency: Aspen Real Estate Connections d***@youraspenrealestateconnection.com

Listed By: Debra Ritchie Show Phone

Source: Frontierhomeandranch

Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 5:12PM

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Investment Insights

Based on property information with market context.

This retail space occupies a corner position within Riverside Plaza, a retail and commercial center in downtown Basalt. The property was built in 2001 and is zoned Commercial/Multi Use.

The plaza is on Two Rivers Road in a pedestrian-oriented area. Nearby businesses include Basalt Wellness, Steve Perotti Studio, Jalisco Grill, Aspen Sking Co, Traffic, and Community Banks. The space is available for rent.

Key Highlights

• Corner position in Riverside Plaza
• Built in 2001
• Commercial/Multi Use zoning

Property Analytics

Current Use

Retail space

Lease Details

Yes

Paved road access

NNN (Triple Net)

Lease Type

$4.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

3

Businesses Nearby

Explore this area Business Placement

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 16% below 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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Frequently Asked Questions

What type of property is this?

Retail space - Commercial/multi-use zoning supports a range of retail and commercial activity.

Where is this retail space located?

The property is located at 355 Gold Rivers Court #2 & 2a Basalt, CO.

What is the lease rate?

The lease rate is $27 SF/Yr.

What are key features of this property?

This property features: Corner position in Riverside Plaza; Built in 2001; Commercial/Multi Use zoning