110 Midland Ave Basalt, CO 81621-8305
This exceptional commercial property, located at 110 Midland Avenue in the heart of Basalt, Colorado, presents a rare investment opportunity. The 6,581 square foot building sits on a 0-acre lot and is a cornerstone of the downtown area. Its prime location ensures high visibility and accessibility for businesses and customers alike. Currently, the building boasts 100% occupancy with long-term leases in place, providing immediate and consistent cash flow. The tenant roster includes established and reputable businesses such as RMC, Basalt Clinic Pharmacy, and Dr. Tom Lankering Chiropractic, demonstrating the property's enduring appeal and strong tenant base. This triple-net leased structure minimizes the owner's operational responsibilities, making it an ideal investment for passive income generation. The building's solid construction and prime location in a thriving community contribute to its exceptional value and long-term potential. This is a turnkey investment opportunity with a proven track record of success, offering a stable and lucrative return on investment. The asking price of $4,200,000 reflects the property's exceptional value and strong tenant base. This is a unique chance to acquire a highly desirable commercial property in a sought-after location. Serious inquiries only.
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Basalt Clinic Pharmacy Pharmacy
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Lankering Chiropractic & Brain Wellness Alternative Medicine Practice
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Thomas R. Lankering, DC Alternative Medicine Practice
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RMC Marketing & Advertising Event Planning
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RMC, Aspen Marketing & Advertising Event Planning
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.