220 Midland Avenue, Basalt, CO 81621

$6,250,000
List Price
$6,250,000
Status
ACTIVE
MLS#
177131
Year Built
1951
Acres
0.60
Region
Basalt
Neighborhood
05-Basalt Proper

Property Description

The Basalt Mountain Inn is located in the heart of downtown Basalt on a .6 acre lot and includes 25 hotel rooms spread across 10,700 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. Arrange all showings through listing broker and do not disturb employees without an appointment.

Additional Information

Taxes
$43,889
Tax Year
2021

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Listing courtesy of Aspen Snowmass Sotheby's International Realty - Hyman Mall.

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