175 Midland Avenue #10

$999,000

$999,000 Price
1982 Year Built
No Pool

About 175 Midland Avenue #10

A rare opportunity in the heart of downtown Basalt's coveted Old Town district. This premier street-front commercial property with an upper-level studio delivers an exceptional blend of style, functionality, and prime positioning in one of Basalt's most vibrant and walkable settings. Whether envisioned as a boutique retail concept, creative studio, gallery, professional office, or live/work environment, the space adapts effortlessly. The remodeled lower level is anchored by expansive floor-to-ceiling windows that flood the interior with natural light, creating a bright, welcoming atmosphere while establishing a striking storefront presence with great visibility and strong curb appeal. Upstairs, a full renovation is underway, transforming the studio into a sleek, thoughtfully designed living space with elevated finishes and flexible functionality. Completion is anticipated in Spring 2027, offering a compelling opportunity to secure the property ahead of final delivery. Notably, this is the only unit in the building approved for residential use on the upper level, adding a layer of rarity and distinction that is increasingly difficult to find in Basalt's historic core. With steady foot traffic, exceptional exposure, and timeless appeal, this distinctive property offers a unique opportunity to establish a presence in thriving historic Basalt.

Price Change History

Date: Details: Status Changed from Active to Active Under Contract
Date: Details: Price Reduced from $1,100,000 to $999,000 Change: ↓ $101,000 (9.18%)

Features of 175 Midland Avenue #10

MLS® # 188653
Price $999,000
Year Built 1982
Type Commercial Sale
Sub-Type Commercial
Status Active Under Contract

Community Information

Address 175 Midland Avenue #10
Major Area Basalt
Area 05-Basalt Proper
Subdivision Frying Pan Inn Condos
City Basalt
County Eagle
State CO
Zip Code 81621

Interior

Fireplace No
Has Basement Yes
Basement Crawl Space

Exterior

Roof Composition
Construction Frame

Additional Information

Date Listed May 20th, 2025
Zoning Comm/Res
Short Sale No
RE / Bank Owned No
HOA Fees 2800
HOA Fees Freq. Quarterly
Data Source AGSMLS
Year Remodeled 2025
Short Termable No

Subdivision Statistics

Active Listings 2 Average Price $999,000 Average $/SF $1,448 Median $/SF $999 Listing Price $999,000

Listing Map

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