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220 Midland Avenue

Basalt, CO 81621
  • $6,250,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 177131
UPDATED: 76 min ago
$6,250,000
  • 0
    BEDS
  • 0.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

The Basalt Mountain Inn is located in the heart of downtown Basalt on a .6 acre lot and includes 25 hotel rooms spread across 10,700 gross square feet of building area. The hotel underwent a complete remodel in 2014, bringing the property up to current standards with upscale amenities and a contemporary mountain look. The Town of Basalt is undergoing a renaissance, merging its historic downtown character with a new river front park and recreation district. The subject property is a large parcel located near the center of Basalt's transformation. Many opportunities exist for the property. Earn income from the ''new'' hotel while planning for redevelopment. Arrange all showings through listing broker and do not disturb employees without an appointment.

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© 2022 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lane Johnson Team | Compass.

Data last updated: 2022-11-28T09:38:30.283.
www.liveaspenco.com/homes/133905416
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220 Midland Avenue Basalt, CO 81621

  • Price: $6,250,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 76 min ago
  • MLS #: 177131
0
Beds
0
Baths
0
½ Baths
0.6
Acres
1951
Built
Neighborhood:
None
County:
Eagle
Area:
05-Basalt Proper
Property Description
The Basalt Mountain Inn is located in the heart of downtown Basalt on a .6 acre lot and includes 25 hotel rooms spread across 10,700 gross square feet of building area. The hotel underwent a complete remodel in 2014, bringing the property up to current standards with upscale amenities and a contemporary mountain look. The Town of Basalt is undergoing a renaissance, merging its historic downtown character with a new river front park and recreation district. The subject property is a large parcel located near the center of Basalt's transformation. Many opportunities exist for the property. Earn income from the ''new'' hotel while planning for redevelopment. Arrange all showings through listing broker and do not disturb employees without an appointment.
Property Features

Area Basalt Building Area Total 10700 Property Sub Type Commercial Property Type Label Commercial Sale Tax Amount 43889 Tax Legal Description Subdivision: First Basalt Company ExThe Lot: 2 24 Units (Lodging) R673741 Eas 10-23-98 Bk-0267 Pg-0910 Wd 03-13-78 Tax Year 2021 Zoning C-2

Listing provided courtesy of Aspen Snowmass Sotheby's International Realty - Hyman Mall: (970) 925-6060. Listing information © 2022 Aspen/Glenwood MLS. All Rights Reserved. Information Deemed Reliable But Not Guaranteed.
© 2022 Aspen/Glenwood MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Lane Johnson Team | Compass.

Data last updated: 2022-11-28T09:38:30.283.
 
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Lane Johnson Team | Compass
625 E Hyman Ave, Suite 104
Aspen CO, 81611