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175 Midland Avenue, 4, Basalt, CO 81621
$699,900
Property Type:
Residential
Baths:
1
Square Footage:
690
Status:
Active
Current Price:
$699,900
List Date:
6/30/2025
Last Modified:
10/27/2025
Description
Prime Live/Work Opportunity in the Heart of Downtown Basalt. Don't miss this rare chance to own a commercial condominium in the vibrant core of downtown Basalt. This versatile two-story unit has been thoughtfully designed for both function and comfort. The upper-level features vaulted ceilings, high windows, and a sliding glass door that floods the space with natural light. Built-in U-shaped cabinetry and drawers provide smart storage, and a swamp cooler ensures a cool, comfortable environment throughout the summer months. A recently remodeled 3/4 bathroom, new paint, and new windows, adds convenience and modern appeal. Recently the Town of Basalt has approved the option to convert the upper floor into a residential unit—creating an exceptional live/work opportunity. Enjoy walking access to world-class restaurants, art studios, music venues, and the renowned Colorado Gold Medal fishing waters. Plus, you're just 17 miles from the slopes of Aspen and Snowmass, making this an ideal base for both business and pleasure.
More Information MLS# 188999
Location Info
Current Price: $699,900
Type: Condominium
Lot Size: Unknown
Right of First Refusal: No
Major Area: Basalt
Area: 05-Basalt Proper
Original List Price: 699900
Asking Price: 699900
Street #: 175
Street Name: Midland
Street Suffix: Avenue
Address 2/Unit #: 4
City/Town: Basalt
State/Province: CO
Postal Code: 81621
Furnished: Unfurnished
Geo Lat: 39.368774
Geo Lon: -107.032987
Keywords Info
Total Baths: 1
Baths - 3/4: 1
Acreage: Refer to Lot Size
Garage: No
Pre-Fabricated Home: No
Listing Info
New Construction: No
Listing Date: 2025-06-20
Seller/Owner is Licensed: No
Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Aspen Association
County: Eagle
ADU: No
General Info
Sub/Loc: Frying Pan Inn Condos
Legal: Frying Pan Inn Condominiums, Unit #7
Zoning: Comml/Residential
Lv Ht SqFt: 690
LvHtSqFt (Abv Grnd): 690
Total SqFt: 690
Price/LvH SqFt: 1014.35
ud_i_02: 2
Main Floor Primary Bedroom: No
Loft: 1
Short Termable: No
Year Built: 1982
Year Remodeled: 2024
Unit Faces: South
Parcel #: 246707416008
Directions: Downtown Basalt, Midland Ave on the Southside of the street between Tempranillo and Aspen Snowmass Sotheby's Int'l Realty office. Walk down the walkway to Unit #4 on the door.
Home Performance Programs
Energy Star Rated: No
Financing Info
Metro Tax District: No
Taxes: 2006
Tax Year: 2024
Transfer Tax: No
HOA Dues Y/N: Yes
Association Fee: 1200
Association Fee Frequency: Quarterly
Total HOA Fee Per Year: 4800
HOA Transfer Fee: No
Special Assessments: Yes
Status Change Info
Status: Active
Remarks
Public Remarks: Prime Live/Work Opportunity in the Heart of Downtown Basalt. Don't miss this rare chance to own a commercial condominium in the vibrant core of downtown Basalt. This versatile two-story unit has been thoughtfully designed for both function and comfort. The upper-level features vaulted ceilings, high windows, and a sliding glass door that floods the space with natural light. Built-in U-shaped cabinetry and drawers provide smart storage, and a swamp cooler ensures a cool, comfortable environment throughout the summer months. A recently remodeled 3/4 bathroom, new paint, and new windows, adds convenience and modern appeal. Recently the Town of Basalt has approved the option to convert the upper floor into a residential unit—creating an exceptional live/work opportunity. Enjoy walking access to world-class restaurants, art studios, music venues, and the renowned Colorado Gold Medal fishing waters. Plus, you're just 17 miles from the slopes of Aspen and Snowmass, making this an ideal base for both business and pleasure.
Miscellaneous
Under Construction: No
Parking Area
Total Parking: 1
Exclusions
Exclusions: stained glass window
Property Features
Laundry Facility: In Hall
Style: Two Story
Construction: Frame
Exterior: Wood Siding
Condition: Good
Heating: Baseboard; Electric
Gas: None
Water: Public
Cooling: Evaporative Cooling
Sanitation: Sewer
Carport: None
Possession: DOD
Terms Offered: Cash; New Loan
Mineral Rights: No
Water Rights: No
Documents on File: CC & R's
HOA Fees Includes: Insurance
Sign: Yes
Inclusions: Microwave; Refrigerator; Washer
Documents
Listing Office: Aspen Snowmass Sotheby's International Realty-Basalt
Last Updated: October - 27 - 2025
Broker Attribution:
(970) 927-8080
Copyright 2020 by Aspen/Glenwood Springs MLS, Inc.
ALL RIGHTS RESERVED WORLDWIDE
No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc.
Basalt Meeting Minutes; res. conversion ›