Basalt Proper Real Estate Search

Basalt Proper Properties between $10,000,000 and $15,000,000 for Sale

Our website features the best real estate search for between $10,000,000 and $15,000,000 properties available in Basalt Proper and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Basalt Proper Properties between $10,000,000 and $15,000,000 for Sale

$12,500,000
2 Beds ⋅ 4 Baths ⋅ 187509 MLS
A rare opportunity to acquire one of Basalt's most iconic and historically significant properties- the Colorado Midland Hotel, built in 1896 and recognized as a designated historic structure. Currently home to the renowned Tempranillo Restaurant, this landmark building is ideally situated in the heart of downtown Basalt, steps from local boutiques, fine dining, and the Roaring Fork River. Property Highlights • Prime Downtown Location on Midland Avenue - Central lot on Basalt's main street corridor, surrounded by active retail, dining, and cultural amenities. • Mixed-Use Potential - Existing configuration includes first-floor restaurant and upper-level residential. • Zoning: C-2 Downtown Business District - Encourages a dynamic blend of commercial and residential uses within a pedestrian-friendly setting. • Historic Charm, Modern Upgrades - Carefully remodeled in 2006 while preserving its original architectural details. • Transferable Income - Existing leases for both commercial and residential units provide immediate cash flow. With approximately 0.322 acres and an existing ±5,364 sq. ft. of floor area, the site allows for significant redevelopment potential under Basalt's C-2 zoning. The property is offered without entitlements, and all interested parties are encouraged to conduct independent due diligence with the Town of Basalt. Refer to MLS 182521 for more information on the Commercial Mixed Use Development Opportunity.

165 Midland Avenue, Basalt
$12,500,000
182521 MLS
Development Opportunity- Mixed Used Zoning A rare opportunity to acquire one of Basalt's most iconic and historically significant properties- the Colorado Midland Hotel, built in 1896 and recognized as a designated historic structure. Currently home to the renowned Tempranillo Restaurant, this landmark building is ideally situated in the heart of downtown Basalt, steps from local boutiques, fine dining, and the Roaring Fork River. This property combines exceptional character with investment and redevelopment potential. Studies indicate the feasibility of a luxury Boutique Hotel or mixed-use redevelopment with ground floor commercial and upper level residential units. Property Highlights • Prime Downtown Location on Midland Avenue - Central lot on Basalt's main street corridor, surrounded by active retail, dining, and cultural amenities. • Mixed-Use Potential - Existing configuration includes first-floor restaurant and upper-level residential/office spaces. • Zoning: C-2 Downtown Business District - Encourages a dynamic blend of commercial, residential, and institutional uses within a pedestrian-friendly setting. • Historic Charm, Modern Upgrades - Carefully remodeled in 2006 while preserving its original architectural details. • Transferable Income - Existing leases for both commercial and residential units provide immediate cash flow. With approximately 0.322 acres and an existing ±5,364 sq. ft. of floor area, the site allows for significant redevelopment potential under Basalt's C-2 zoning. A 2023 Feasibility Study detailing potential buildout options is available upon request. The property is offered without entitlements, and all interested parties are encouraged to conduct independent due diligence with the Town of Basalt.

165 Midland Avenue, Basalt
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