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.
For sale
$699,900
175 Midland Ave #4, Basalt, CO 81621
0beds
690sqft
Est.:
Condominium
Built in 1982
-- sqft lot
$666,900 Zestimate®
$1,014/sqft
$400/mo HOA
What's special
New paintVaulted ceilingsSwamp coolerNatural lightSliding glass doorSmart storageNew windows
- 163 days |
- 250 |
- 1 |
Zillow last checked: 8 hours ago
Listing updated: October 27, 2025 at 11:21am
Listed by:
Terry Harrington (970)927-8080,
Aspen Snowmass Sotheby's International Realty-Basalt
Source: AGSMLS,MLS#: 188999
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- 3/4 bathrooms: 1
Heating
- Electric, Baseboard
Cooling
- Evaporative Cooling
Appliances
- Laundry: In Hall
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 690
- Total interior livable area: 690 sqft
- Finished area above ground: 690
- Finished area below ground: 0
Property
Details
- Parcel number: 246707416008
- Zoning: Comml/Residential
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Wood Siding, Frame
Condition
- Good
- New construction: No
- Year built: 1982
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Frying Pan Inn Condos
HOA
- Has HOA: Yes
- Services included: Sewer, Insurance
- HOA fee: $1,200 quarterly
Location
- Region: Basalt
Financial & listing details
- Price per square foot: $1,014/sqft
- Tax assessed value: $155,770
- Annual tax amount: $2,006
- Date on market: 6/30/2025
- Listing terms: New Loan,Cash
- Inclusions: Refrigerator, Washer, Microwave
Estimated market value
$666,900
$634,000 - $700,000
$3,469/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Listed for sale | $699,900+399.9%$1,014/sqft |
Source: AGSMLS #188999 Report a problem | ||
| 9/3/2003 | Sold | $140,000$203/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,629 -3.4% | $43,460 |
| 2023 | $3,756 -1.5% | $43,460 +6.2% |
| 2022 | $3,813 | $40,940 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,214/mo
Principal & interest
$3330
HOA Fees
$400
Other costs
$484
Climate risks
Neighborhood: 81621
Nearby schools
GreatSchools rating
- 7/10Basalt Elementary SchoolGrades: PK-4Distance: 0.2 mi
- 4/10Basalt Middle SchoolGrades: 5-8Distance: 0.2 mi
- 6/10Basalt High SchoolGrades: 9-12Distance: 0.9 mi
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