970-618-5648
140 Basalt Center Cir, Basalt, CO for Sale
Retail - FOR SALE
1/3
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140 Basalt Center Cir
Basalt, CO 81621


OVERVIEW

The offering is newly constructed ground level space in the redeveloped Clark’s Market in downtown Basalt. The space will be under two levels of new multi-family with both surface and podium parking. This unique project intends to add affordable employee housing and a great food option to the constrained Roaring Fork valley. Retail users will have first priority on up to 17 affordable housing units in the project, providing rare access to housing. The 10,000 SF space is a great fit for a food hall, grocer or restaurant/bodega. The location caters to the booming local population that is moving down-valley and gentrifying Basalt. Modern retail in Basalt was pioneered by Willits Town Center, developed by the same team and home to Whole Foods who has experienced banner sales. This is the closest retail opportunity of this scale to Aspen. Delivering summer of 2025 for tenant improvement work; the project will be up and running in fall of 2025. All transaction structures will be considered including sale, lease and joint venture.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Basalt Center Circle

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,398 SF

ZONING

C-2

APN/PARCEL ID

R025133

ASK ABOUT THIS PROPERTY

Lex TarumianzCrosbie Real Estate GroupMore Info
970-618-5648

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Lex TarumianzCrosbie Real Estate GroupMore Info
970-618-5648

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.