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Ground-Floor Retail Space
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5 Tree Farm Drive Unit 2, Basalt, CO 81621

Lakefront shell space offers direct pedestrian and vehicle access with buildout infrastructure already roughed in.

Property SizeContact for details
Days on Market38

Property Features for 5 Tree Farm Drive Unit 2

General Information

Standard status Active
Listing Agency: Compass Aspen
Listed By: Mike Mercatoris · License #FA100074443
Source: Aspenexperts
Added: Jul 26 Changed: Aug 30 Last Checked: Aug 31 at 4:53PM

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 2,002-square-foot ground-floor commercial suite is delivered in shell condition at Tree Farm Lofts, with rough-in plumbing, electrical, and mechanical stubs for tenant improvements. Mixed-use commercial zoning supports retail, office, medical, fitness, wellness, and professional service uses. The property includes on-site parking and access to shared community parking, along with direct pedestrian and vehicle entry from Highway 82.

Tree Farm Lofts contains 196 residential units and a 122-room Hilton Tapestry Collection Hotel. The surrounding setting also includes the Kodiak Club and Residences, a luxury condominium project with a private social and dining club scheduled to deliver units in 2026. Across Highway 82, Willits Town Center includes Whole Foods, Element Hotel, and The Steadman Clinic. An RFTA Express Bus Stop is nearby, with a pedestrian underpass connecting to the town center. The suite is in the Basalt/Willits area of the Roaring Fork Valley between Glenwood Springs and Aspen.

Key Highlights

  • 2,002 SF ground‑floor commercial space in shell condition
  • Rough‑in plumbing, electrical, and mechanical stubs support tenant buildout
  • Mixed‑use commercial zoning allows retail, office, medical, fitness, wellness, and professional services

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

3
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?
Retail space - Lakefront shell space offers direct pedestrian and vehicle access with buildout infrastructure already roughed in.
Where is this retail space located?
The property is located at 5 Tree Farm Drive Unit 2 Basalt, CO.
What are key features of this property?
This property features: 2,002 SF ground‑floor commercial space in shell condition; Rough‑in plumbing, electrical, and mechanical stubs support tenant buildout; Mixed‑use commercial zoning allows retail, office, medical, fitness, wellness, and professional services
More about this property
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