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.

  • MLS# 155175
  • Sub-Type Resale
  • Status Active
  • Year 1951
  • Days On Site 466
SQ Feet 26,485
Story(s) 0
Zoning C-1
Listing Provided By:
Lex Tarumianz  of  Aspen Snowmass Sothebys International Realty-Hyman Mall
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $4,950,000
423.81%
$945,000 in 81621
this listing 26,485 SqFt
2,260.52%
1,122 SqFt in 81621
this listing $187 $/SqFt
11.24%
$211 $/SqFt in 81621
this listing 466 on site
40.14%
778.5 on site in 81621

Location

State CO
County Eagle
City Basalt
Zip Code 81621
Area Basalt

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