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Listed by Setterfield & Bright
$ 399,000
Est. payment /mo
New
351 Market Street Basalt, CO 81621
2,855 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,855 sqft
Price per Sqft $139
Subdivision Willits
MLS Listing ID 194158
Year Built 2017
Tax Year 2025
Property Sub-Type Business
Source Aspen Glenwood MLS
Property Description
Become part of the buzz down valley! Beautifully built-out and nostalgically remembered, the Alpine House is a great opportunity for someone to takeover an existing business or start a new concept. The custom wood tables, handmade beams, and the ambient atmosphere create a space waiting to be appreciated and enjoyed. The price is $399,000 to takeover an existing lease, goodwill and all the FF&E. The total gross rent is approximately $12,560 per month (with small Base Rent increases only every 5 years) plus tenant pays all separate utilities. The Lease expires in August 2028, plus one 5-year options to extend. Tenant will pay percentage rent of 6% over $1,000,000 gross sales for each year of the option terms.
Location
State CO
County Eagle
Community Willits
Area Basalt
Zoning WTC PUD
Direction Located at Willits, In the same building between Mezzaluna and Westbound and Down.
