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EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Sale Type | Owner User | Lot Size | 0.58 AC |
| No. Units | 58 | Construction Status | Under Construction |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2026 |
| Building Class | B | ||
| Zoning | C-2 - Commercial | ||
| Sale Type | Owner User |
| No. Units | 58 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.58 AC |
| Construction Status | Under Construction |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 2026 |
| Zoning | C-2 - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
- Quartz Countertops
SITE AMENITIES
- Courtyard
- Bicycle Storage
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PROPERTY TAXES
| Parcel Number | R025133 | Improvements Assessment | $756,580 (2024) |
| Land Assessment | $274,550 (2024) | Total Assessment | $1,031,130 (2024) |
PROPERTY TAXES
Parcel Number
R025133
Land Assessment
$274,550 (2024)
Improvements Assessment
$756,580 (2024)
Total Assessment
$1,031,130 (2024)
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Basalt Center Circle | 140 Basalt Center Cir
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