229 Midland Ave, Unit D2 Basalt, CO 81621
- Office Properties & Spaces
- 4,255 SF
- 0.20 lot acres
Current Use by Public Records
- Waterlaw: Patrick, Miller, Noto / Environmental Consultant / Law Firm
- Studio Leeds Architecture / Architect
- River CoWorks / Office Space Rental Agency
Property Details for 229 Midland Ave
- Year built
- 2002
- Lot size
- 0.20 lot acres
- Property size
- 4,255 SF
- Property type
- Office Properties & Spaces
- APN
- 2467 074 49 071
- APU
- 246707449071
Description
This exceptional 2,038 square foot commercial space, located at 229 Midland Avenue Unit D2 in Basalt, Colorado, presents a unique investment opportunity. Situated in the heart of downtown Basalt, directly on the Frying Pan River, this property boasts an architectural design that seamlessly blends aesthetics and functionality. The building's prime location offers unparalleled visibility and accessibility, making it ideal for a variety of businesses. The spacious interior provides an inspiring work environment, perfect for teams and clients alike. This upstairs office space is strategically positioned to capitalize on the vibrant downtown Basalt atmosphere and its rich history. The property's historical appreciation, combined with potential for strong cap rate returns, makes it an attractive proposition for investors seeking a blended return strategy. This is a rare opportunity to acquire a truly exceptional commercial property in a highly desirable location. The property is offered at $1,595,000 and sits on a 0-acre lot. The property type is classified as General Commercial. This is a chance to own a piece of Basalt's thriving commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Basalt
- County
- Eagle
- State
- Colorado
- Longitude
- -107.032
- Latitude
- 39.3687
- CBSA code
- 20780
- CBSA name
- EDWARDS, CO MICROPOLITAN STATISTICAL AREA
