The property is located in the heart of downtown Basalt on a 26,485 square foot lot and includes 25 hotel rooms spread across 10,760 gross square feet of building area. The hotel underwent a complete remodel in 2014, bringing the property up to current standards with upscale amenities and a contemporary mountain look. The Town of Basalt is undergoing a renaissance, merging its historic downtown character with a new river front park and recreation district. The subject property is a large parcel located near the center of Basalt's transformation. Many opportunities exist for the property. Earn income from the ''new'' hotel while planning for redevelopment.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.