For Sale
$4,200,000

110 Midland Ave Basalt, CO 81621

High-Yield, Triple-Net Leased Building

Overview

Added:
Feb 3
Days on market:
80
This exceptional commercial property, located at 110 Midland Avenue in the heart of Basalt, Colorado, presents a rare investment opportunity. The 6,581 square foot building sits on a 0-acre lot and is a cornerstone of the downtown area. Its prime location ensures high visibility and accessibility for businesses and customers alike. Currently, the building boasts 100% occupancy with long-term leases in place, providing immediate and consistent cash flow. The tenant roster includes established and reputable businesses such as RMC, Basalt Clinic Pharmacy, and Dr. Tom Lankering Chiropractic, demonstrating the property's enduring appeal and strong tenant base. This triple-net leased structure minimizes the owner's operational responsibilities, making it an ideal investment for passive income generation. The building's solid construction and prime location in a thriving community contribute to its exceptional value and long-term potential. This is a turnkey investment opportunity with a proven track record of success, offering a stable and lucrative return on investment. The asking price of $4,200,000 reflects the property's exceptional value and strong tenant base. This is a unique chance to acquire a highly desirable commercial property in a sought-after location. Serious inquiries only.

Property Details for 110 Midland Ave

Property type
Commercial real estate
Square Feet
6,581 SF
Year Built
1995

Location Insight

City
Basalt
County
Eagle
State
Colorado
Latitude
39.36926
Longitude
-107.0344

FAQs

What type of property is this?
Commercial real estate - High-Yield, Triple-Net Leased Building
Where is the commercial real estate located?
The property is located at 110 Midland Ave Basalt, CO.
What is the asking price?
The asking price for this property is $4,200,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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110 Midland Ave
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