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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
Property Type
Retail
Building Size
10,000 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Building Height
1 Story
Building FAR
0.39
Lot Size
0.58 AC
Zoning
C-2 - Commercial
Parking
40 Spaces (4 Spaces per 1,000 SF Leased)
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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