$5,500,000
Basalt, CO 81621
MLS# 178903
10000 sqft
1 / 4
Property Description
The offering is newly constructed ground level space in the redeveloped Clark's Market in downtown Basalt. The space will be under two levels of new multi-family with both surface and podium parking. The commercial tenants will have first priority on 17 affordable housing units in the project, providing rare access to housing in the Roaring Fork Valley. The 8,000SF space is a great fit for a food hall, grocer or restaurant. The location caters to the booming local population that is moving down-valley and gentrifying Basalt. Modern retail in Basalt was pioneered by Willits Town Center, home to Whole Foods, who has reported remarkable sales numbers. This is the closest retail opportunity of this scale to Aspen. All transaction structures will be considered including sale, lease and joint venture.
Details
Maps
Documents
Location Info
Current Price: $5,500,000
Inside City Limits: Yes
Condominiumized: Yes
Zoning City: Basalt
Zoning County: Eagle
Type: Business with/RE
Major Area: Basalt
Area: 05-Basalt Proper
Asking Price: 5500000
Original List Price: 5500000
Street #: 150
Street Name: Basalt Center
Street Suffix: Circle
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Keywords Info
Total Building SqFt: 5,001 - 10,001
Association Dues: Yes
Association Fee Frequency: Annually
Listing Info
Occupant: Under Construction
Listing Date: 2023-04-19
Seller is licensed Realtor: Yes
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Basalt Center
County: Eagle
Legal: Subdivision: BASALT CENTER SUB Lot: E
BK-0249 PG-0703
BK-0352 PG-0831 DEED 01-17-83
R755984 GWD 04-27-01
R755986 GW
Zoning: Commercial
Levels: 1
Total SqFt: 10000
Unit SqFt: 10000
Parcel #: 246707405004
Year Built: 2024
Directions: Downtown Basalt center core, behind BLT and Jimbo's Liquor
Financing Info
Metro Tax District: No
Tax Year: 2023
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public Remarks: The offering is newly constructed ground level space in the redeveloped Clark's Market in downtown Basalt. The space will be under two levels of new multi-family with both surface and podium parking. The commercial tenants will have first priority on 17 affordable housing units in the project, providing rare access to housing in the Roaring Fork Valley.
The 8,000SF space is a great fit for a food hall, grocer or restaurant. The location caters to the booming local population that is moving down-valley and gentrifying Basalt. Modern retail in Basalt was pioneered by Willits Town Center, home to Whole Foods, who has reported remarkable sales numbers. This is the closest retail opportunity of this scale to Aspen. All transaction structures will be considered including sale, lease and joint venture.
Property Features
Allowable Uses: Restaurant/Bar; Other
Condition: New
Supplements
Delivering summer of 2024 for tenant improvement work; the project will be up and running in fall of 2024. All transaction structures will be considered including sale, lease and joint venture.
Grocery Definition 
Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall
Last Updated: February - 22 - 2024
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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Broker Attribution:
(970) 925-6060