350 Market Street, Basalt, CO 81621 (MLS# 153820)

350 Market Street, Basalt, CO 81621

$2,100,000

Property Type: Commercial Sale Square Footage: 17,392 Lot Size (sq. ft.): 7,291 Status: Closed

Current Price: $2,100,000 List Date: 5/02/2018 Last Modified: 9/05/2024

Overview

Description

17,392 square feet located on the 3rd floor in the new Willits Town Center Market St. building, comprised of 12 condominiumized units with 2 long-term tenants already in place. Exquisite space with exceptional views and incomparable floor plans. Adjacent to Whole Foods and only seconds away from restaurants, Starbucks and specialty shops. NO DROP INS! Must be accompanied on showings. 48 hour notice to showSeller has informed Listing Broker and Brokerage Firm of Seller's existing Bankruptcy situation, which creates both a need to sell the Property, and potential difficulty in accomplishing a Sale (including the potential need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller's existing obligations).

Supplements: Seller has informed Listing Broker and Brokerage Firm of Seller's existing Bankruptcy situation, which creates both a need to sell the Property, and potential difficulty in accomplishing a Sale (including the potential need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller's existing obligations).

Listing Details MLS# 153820

Location Info

Type: Commercial
Major Area: Basalt
Area: 05-Basalt Proper
Asking Price: 2499000
Original List Price: 2499000
Street #: 350
Street Name: Market
Street Suffix: Street
City/Town: Basalt
State/Province: CO
Postal Code: 81621

Keywords Info

Total Building SqFt: 10,001 - 20,000
Association Dues: Yes

Listing Info

Short Sale: No
REO: No
Auction: No
In Foreclosure: No
Member Association: Glenwood Association

General Info

Sub/Loc: Willits
County: Eagle
Legal: Subdivision: MARKET STREET CROSSINGS Unit: 301 - 312
Zoning: Commercial
Lot SqFt: 7291
Nbr of Acres: 0.17
Total SqFt: 17392
Unit SqFt: 17392
Inventory: No
Parcel #: 246502340005
Year Built: 2014
Directions: Located in the Willits Town Center. Take Willits Lane entrance near Whole Foods, turn onto East Valley Rd. and left onto Market St.

Financing Info

Metro Tax District: No
Taxes: 106118
Tax Year: 2018
Transfer Tax: Yes
HOA Dues: 39479.84

Status Change Info

Under Contract Date: 2018-05-10
Proposed Close Date: 2018-08-10
Sold Date: 2018-08-28
Sold Price Per/SF: 120.75
How Sold: Conventional

More Information

Remarks

Public Remarks: 17,392 square feet located on the 3rd floor in the new Willits Town Center Market St. building, comprised of 12 condominiumized units with 2 long-term tenants already in place. Exquisite space with exceptional views and incomparable floor plans. Adjacent to Whole Foods and only seconds away from restaurants, Starbucks and specialty shops. NO DROP INS! Must be accompanied on showings. 48 hour notice to showSeller has informed Listing Broker and Brokerage Firm of Seller's existing Bankruptcy situation, which creates both a need to sell the Property, and potential difficulty in accomplishing a Sale (including the potential need to obtain the agreement of the Bankruptcy Court in satisfaction of Seller's existing obligations).

Allowable Uses

Office: Yes

Current Use

Office Building: Yes

Construction

Brick: Yes
Steel Frame: Yes
Stucco: Yes

Access

Paved: Yes

Condominiumized

Yes: Yes

Electric

Yes: Yes

Condition

Excellent: Yes

Basement/Substructure

Other: Yes

Gas

None: Yes

Roof

Other: Yes

Water

Community: Yes

Sanitation

Community: Yes

Water Rights

No: Yes

Extras

Elevator: Yes
Fire Alarm: Yes
Fire Sprinkler Sys: Yes
Landscaped: Yes
Management: Yes
Restrooms: Yes
Security System: Yes

Heating/Cooling

Central AC: Yes
Electric: Yes
Forced Air: Yes

Location Amenities

High Traffic Loc: Yes
High Visibility: Yes
View: Yes

Mineral Rights

No: Yes

Documents on File

CC & R's: Yes

Parking

Parking Lot: Yes

Green Features

Double Pane Windows: Yes
High Effcncy Furn: Yes

Occupant

Vacant: Yes
Multiple Leases: Yes

Tenant Pays

Deposit: Yes
Electricity: Yes
Interior Maintenance: Yes
Sewer: Yes
Water: Yes

Owner Pays

Association Fees: Yes
Building Insurance: Yes
Property Taxes: Yes

Terms Offered

Cash: Yes

Possession

DOD: Yes

Expenses Include

Contingency Fund: Yes
Grounds Maintenance: Yes
Insurance: Yes
Management: Yes
Snow Removal: Yes
Trash: Yes

Sign

Yes: Yes

Property Features

Allowable Uses: Office Current Use: Office Building Construction: Brick; Steel Frame; Stucco Condominiumized: Yes Roof: Other Condition: Excellent Electric: Yes Gas: None Water: Community Sanitation: Community Green Features: Double Pane Windows; High Effcncy Furn Tenant Pays: Deposit; Electricity; Interior Maintenance; Sewer; Water Owner Pays: Association Fees; Building Insurance; Property Taxes Parking: Parking Lot Access: Paved Extras: Elevator; Fire Alarm; Fire Sprinkler Sys; Landscaped; Management; Restrooms; Security System Expenses Include: Contingency Fund; Grounds Maintenance; Insurance; Management; Snow Removal; Trash Location Amenities: High Traffic Loc; High Visibility; View Occupant: Vacant; Multiple Leases Documents on File: CC & R's Water Rights: No Mineral Rights: No Terms Offered: Cash Sign: Yes Possession: DOD

Documents

Floor Plan for 3rd Floor ›

HOA Balance Sheet ›

HOA Operating Statement ›

HOA Minutes ›

HOA 2018 Budget ›

HOA Rules and Regs ›

HOA First Amendment ›

HOA First Amendment Map ›

HOA Articles ›

HOA Bylaws ›

Confidentiality Agreement ›

Brochure ›

Purchase Agreement Addendum ›

Closing Instructions ›

TBD Title Commitment ›

Listing Office: Amore Realty

Last Updated: September - 05 - 2024

Broker Attribution: (970) 963-5177

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