Divisible Ground-Floor Retail
For Lease
$35 SF/Yr CAM $10 /USD/SF/YR
5 Tree Farm Drive, Basalt, CO 81621
COMMERCIAL - Basalt, CO
Space Size1,876 SF
Days on Market53
Property Features for 5 Tree Farm Drive
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Subdivision
Tree Farm
Directions
Turn into the Tree Farm, take a right and go past the Hoffman Hotel and the Kodiak Club. Building is straight in front of the lake side
Standard status
Active
APN
246502217017
Taxes and HOA fees
Tax Year
2025
Tax Description
the commercial space known as Lakeside Suite in the building located at 5 Tree Farm Drive Basalt CO 81621
Legal Description
the commercial space known as Lakeside Suite in the building located at 5 Tree Farm Drive Basalt CO 81621
Utilities
Water source
Public
Amenities
RFTA Express Bus Stop
pedestrian underpass
Building Details
Building materials
Concrete, Block
Roof type
Membrane
Listing Agency:
Compass Aspen
(970) 925-6063
Listed By:
Alex Margulies · License #100099491
(201) 264-9104
Added: Jun 30
Changed: Aug 4
Last Checked: Aug 21 at 9:06PM
MLS# 193572
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 1,876-square-foot ground-floor retail space is divisible, allowing the layout to accommodate different commercial configurations. The property carries Commercial zoning and is constructed with concrete and block materials, with a membrane roof and public water service. Its positioning supports retail, office, medical, fitness, wellness, and other professional service uses identified for the space.
The property fronts Highway 82 across from Willits Town Center, which includes Whole Foods, Element Hotel, and The Steadman Clinic. It is part of the 196-unit Tree Farm Lofts community and is accompanied by nearby shops, offices, and a 122-room Hilton Tapestry Collection Hotel. An RFTA Express Bus Stop is located steps away, with a pedestrian underpass connecting to Willits Town Center.
The property fronts Highway 82 across from Willits Town Center, which includes Whole Foods, Element Hotel, and The Steadman Clinic. It is part of the 196-unit Tree Farm Lofts community and is accompanied by nearby shops, offices, and a 122-room Hilton Tapestry Collection Hotel. An RFTA Express Bus Stop is located steps away, with a pedestrian underpass connecting to Willits Town Center.
Key Highlights
- 1,876 SF divisible ground‑floor commercial space
- Commercial zoning with retail, office, medical, fitness, wellness, and professional service use potential
- Located on Highway 82 across from Willits Town Center
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
466
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 9% above the average of $32.25 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Flexible commercial space on Highway 82 with ground-floor access and proximity to established retail, hospitality, and residential uses.
Where is this retail space located?
The property is located at 5 Tree Farm Drive Basalt, CO.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 1,876 SF divisible ground‑floor commercial space; Commercial zoning with retail, office, medical, fitness, wellness, and professional service use potential; Located on Highway 82 across from Willits Town Center
