351 Market Street, Basalt, CO 81621
$299,000
Property Type:
Commercial Sale
Square Footage:
2,855
Status:
Active
Current Price:
$299,000
List Date:
8/11/2026
Last Modified:
9/02/2026
Description
Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $299,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.
More Information MLS# 194158
Location Info
Current Price: $299,000
Inside City Limits: Yes
Condominiumized: Yes
Zoning City: Basalt
Zoning County: Eagle
Type: Business
Major Area: Basalt
Area: 05-El Jebel
Asking Price: 299000
Original List Price: 399000
Street #: 351
Street Name: Market
Street Suffix: Street
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Geo Lat: 39.385659
Geo Lon: -107.082592
Keywords Info
Total Building SqFt: 10,001 - 20,000
Association Dues: Yes
Association Fee Frequency: Monthly
Listing Info
Occupant Type: Tenant
SqFt Level: Ground Floor
Listing Date: 2026-08-06
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
General Info
Sub/Loc: Willits
County: Eagle
Legal: SUBDIVISION: BLOCK SEVEN CONDOMINIUMS UNIT: R706
Zoning: WTC PUD
Stories: 1
Total SqFt: 2855
Unit SqFt: 2855
Ceiling Height: 14
Business Name: Alpine House
Inventory: Yes
Parcel #: 000000000
Year Built: 2017
Year Remodeled: 2018
Directions: Located at Willits, In the same building between Mezzaluna and Westbound and Down.
Financing Info
Metro Tax District: Yes
Metro Tax District URL: n/a
Tax Year: 2025
Transfer Tax: No
Status Change Info
Status: Active
Remarks
Public Remarks: Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $299,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.
Property Features
Allowable Uses: Restaurant/Bar; Retail
Current Use: Restaurant
Construction: Concrete; Steel Frame
Condition: Excellent
Electric: Electricity Connected; Yes
Gas: Natural Gas Connected
Water: Public
Sanitation: Community; Sewer
Parking: Parking Lot
Water Rights: No
Mineral Rights: No
Terms Offered: Assumption
Sign: No
Listing Office: Setterfield & Bright
Last Updated: September - 02 - 2026
Broker Attribution:
(970) 920-1833
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