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220 Midland, Basalt, CO 81621
0 Beds
0 Baths
26,485 sqft

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The property is located in the heart of downtown Basalt on a 26,485 square foot lot and includes 25 hotel rooms spread across 10,760 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.
  • Price:
  • $4,750,000
  • Square Footage:
  • 26,485
  • Acreage:
  • 0.61
  • Year Built:
  • 1951
  • Listing ID #:
  • 155175
  • Street Address:
  • 220 Midland
  • City:
  • Basalt
  • State:
  • Colorado
  • Postal Code:
  • 81621
  • County:
  • Eagle
  • Community:
  • Basalt Proper
  • Subdivision:
  • None
  • Listing Status:
  • Active
  • Number Of Units:
  • 21+ Units
  • Total Building Square Footage:
  • 26485
  • Year Built:
  • 1951
  • Year Renovated:
  • 2015.00
  • Business Description:
  • Basalt Mountain Inn
  • Conforms To Zoning:
  • C-1
  • Lot Square Footage:
  • 26485.00
  • Association Fee Payment Frequency:
  • Year
  • Property Taxes:
  • $49,178
  • Tax Year:
  • 2019
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Aspen Snowmass Sotheby's International Realty-Hyman Mall

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