$1,100,000

175 Midland Ave Unit 10 Basalt, CO 81621

Estimated payment $6,381/month

Total Views 96
-- Bed
1.5 Baths
690 Sq Ft
$1,594 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Home Security System
  • Storage Shed
  • Green Building
  • Property is in excellent condition
  • 2-minute walk to Basalt Lions Park

About This Home

An exceptional opportunity awaits in the heart of downtown Basalt. This premier street-front commercial property with an upper-level studio is the perfect blend of style, function, and location. Whether you're envisioning a boutique business, creative studio, or a live/work setup, this space offers incredible versatility in one of Basalt's most vibrant and walkable districts.The lower level has been beautifully remodeled and features expansive floor-to-ceiling windows that bathe the space in natural light, creating a bright, welcoming atmosphere and an eye-catching storefront with high visibility and curb appeal.
Upstairs, a full renovation is underway, transforming the studio into a sleek, modern space with upscale finishes and smart design, with flexible living space. With unbeatable foot traffic, strong street presence, and exceptional design potential, this one-of-a-kind property presents a rare chance to invest in downtown Basalt's thriving community.

Listing Agent

The Redmond Team

Slifer Smith & Frampton RFV Brokerage Phone: (970) 925-8088 Listed on: 09/12/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,068

Year Built

  • Built in 1982 | Newly Remodeled

Lot Details

  • Property is in excellent condition
  • Property is zoned Comm/Res

HOA Fees

  • $233 Monthly HOA Fees

Home Design

  • Frame Construction
  • Composition Roof
  • Composition Shingle Roof

Interior Spaces

  • 690 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Home Security System

Additional Features

  • Green Building
  • Storage Shed
  • Natural Gas Not Available

Community Details

  • Association fees include sewer
  • Frying Pan Inn Condos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 246707416012

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

Built in 1982 | Newly Remodeled

Lot Details

0

HOA Fees

$233 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Frying Pan Inn Condos
  • Directions: Heading East on HWY 82, take left on Basalt Ave. At the roundabout, take the 3rd exit onto Emma Rd. Turn Right onto Midland Ave. Property is on your right, just after Geo Lat: 39.368686 Geo Lon: -107.033022
  • Garage Yn: No
  • Master Model: No
  • New Construction: Yes
  • Year Built: 1982
  • Tax Parcel Letter: R025615
  • Attribution Contact: (970) 925-8088
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: Comm/Res
  • Listing Info:REO: No
  • Condition:New: Yes
  • General Info:Levels: 2.0
  • Financing Info:Taxes2: 4068.0
  • Financing Info:Tax Year2: 2024
  • Extras:Security System: Yes
  • Listing Info:New Construction: Yes
  • Sanitation:Sewer: Yes
  • Condition:Excellent: Yes
  • Substructure:Crawl Space: Yes
  • Roof:Composition Shingles: Yes
  • Extras:Storage Shed: Yes
  • Gas:None3: Yes
  • Financing Info:HOA Dues YN: Yes
  • Financing Info Total HOA Fee Per Year2: 2800.0
  • Keywords Info Garage4: No
  • General Info:Main Floor Primary: No
  • Special Features: NewHome

Interior Features

  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area: 690.0

Exterior Features

  • Construction Type: Frame
  • Property Condition: Excellent, New Construction
  • Roof: Composition
  • Construction:Frame: Yes

Utilities

  • Security: Security System
  • Building Features: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 700.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Financing Info:Association Fee2: 700.0
  • Financing Info:Association Fee Frequency2: Quarterly

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Parcel #: 246707416012
  • Zoning: Comm/Res

Tax Info

  • Tax Annual Amount: 4068.0
  • Tax Year: 2024

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,956 $47,370 -- $47,370
2023 $3,956 $47,370 $0 $47,370
2022 $4,040 $44,030 $0 $44,030
2021 $4,101 $44,030 $0 $44,030
2020 $4,367 $48,620 $0 $48,620
2019 $4,418 $48,620 $0 $48,620
2018 $4,395 $47,680 $0 $47,680
2017 $4,203 $47,680 $0 $47,680
2016 $3,987 $44,560 $0 $44,560
2015 -- $44,560 $0 $44,560
2014 -- $44,980 $0 $44,980
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 For Sale $1,100,000 -- $1,594 / Sq Ft
Source: Aspen Glenwood MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $587,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Construction
Closed $100,000 New Conventional
Closed $160,000 Unknown
Closed $160,000 Unknown
Closed $437,500 Commercial
Closed $437,500 Seller Take Back
Source: Public Records

Source: Aspen Glenwood MLS

MLS Number: 190098

Aspen Glenwood MLS

APN: R060873