$180,000
Basalt, CO 81621
MLS# 160300
Status: Closed
690 sqft
1 / 12
Property Description
A rare offering to own a two-story commercial unit perfect for an office, a service provider, or a retail store in the heart of downtown Basalt. The downstairs has a convenient walk-in office/retail space and a bathroom. The spacious upstairs has high ceilings, a swamp cooler, and lots of sunlight. There are only seven units in the complex. Dues are low and include all utilities except electricity, phone, and internet. Shared parking area allows the owner one off-street parking place.
Details
Maps
Location Info
Current Price: $170,000
Type: Commercial
Major Area: Basalt
Area: 05-Basalt Proper
Asking Price: 180000
Original List Price: 180000
Street #: 175
Street Name: Midland
Street Suffix: Avenue
Address 2/Unit #: #5
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Keywords Info
Total Building SqFt: 1 - 1,000
Association Dues: Yes
Payment Per: Unknown
Listing Info
Listing Date: 2019-07-09
Short Sale: No
REO: No
Auction: No
Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Frying Pan Inn Condos
County: Eagle
Legal: DESC: BLDG 2 Subdivision: FRYING PAN INN CONDOMINIUMS Unit: 6 R828514 QCD 03-20-03 R828519 QCD 03-26-03
Zoning: Commercial
Lot SqFt: 0.03
Total SqFt: 690
Unit SqFt: 690
Business Name: n/a
Inventory: No
Parcel #: 246707416007
Year Built: 1982
Directions: Downtown Basalt, 175 Midland Ave, between Tempernillo and Sotheby's office.
Financing Info
Metro Tax District: No
Taxes: 4108.68
Tax Year: 2019
Transfer Tax: No
Status Change Info
Status: Closed
Under Contract Date: 2020-02-10
Proposed Close Date: 2020-03-23
Sold Date: 2020-03-11
Sold Price: $170,000
Sold Price Per/SF: 246.38
How Sold: Cash
Remarks
Public Remarks: A rare offering to own a two-story commercial unit perfect for an office, a service provider, or a retail store in the heart of downtown Basalt. The downstairs has a convenient walk-in office/retail space and a bathroom. The spacious upstairs has high ceilings, a swamp cooler, and lots of sunlight. There are only seven units in the complex. Dues are low and include all utilities except electricity, phone, and internet. Shared parking area allows the owner one off-street parking place.
Property Features
Allowable Uses: Income; Industrial - Light; Office; Retail; Warehouse
Current Use: Income; Office Building; Retail Store; Tourism
Construction: Frame; Stucco
Condominiumized: Yes
Substructure: Crawl Space
Roof: Composition Shingles
Condition: Good
Heating/Cooling: Baseboard; Electric
Electric: Yes
Gas: None
Sanitation: Sewer
Tenant Pays: Electric
Owner Pays: Association Fees; Property Taxes
Parking: 1 - 5 Spaces; Street Parking
Access: Paved
Extras: Smoke Detectors
Expenses Include: Contingency Fund; Grounds Maintenance; Insurance; Sewer; Snow Removal; Trash; Water
Amenities: Bus/Shuttle Service; Pets Allowed/Owner
Occupant: Tenant Occupied
Disclosures: Lease/Mve Out Clause
Documents on File: CC & R's; Leases
Water Rights: No
Mineral Rights: No
Terms Offered: Cash
Sign: Yes
Possession: Subject to Lease
Listing Office: Aspen Snowmass Sotheby's International Realty-Basalt
Last Updated: March - 12 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Broker Attribution:
(970) 927-8080