Basalt, CO 81621,701 E Valley Road
Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall

$15,400,000

Est. payment /mo

$17,995,000

14.4%
Est.Price: ?

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701 E Valley Road Basalt, CO 81621

10,399 SqFt

SOLD DATE : 02/10/2025

Key Details

Sold Price $15,400,000

Property Type Commercial

Sub Type Business with Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 10,399 sqft

Price per Sqft $1,480

Subdivision Willits

MLS Listing ID 185099

Sold Date 02/10/25

Year Built 2003

Annual Tax Amount $102,070

Tax Year 2023

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Business with Real Estate

Source Aspen Glenwood MLS

Property Description

Sale of the business allocated at $1,200,000. The Willits General Store is a 0.9-acre trophy property functioning as a gas station, convenience store, Willits Grill, and car wash. It is strategically located in the Willits Town Center, a bustling area anchored by some of the region's top-performing grocery stores, including Whole Foods and City Market, along with numerous Class A commercial and residential developments. Nearby amenities include Starbucks, The Steadman Clinic, the new Hoffman Hotel, Tree Farm Development, Park Modern, numerous restaurants, and The Arts Campus at Willits.
Situated at a prominent corner with entry access, the property benefits from a daily traffic flow of approximately 28,000 vehicles, 3.5 times the combined population of Basalt and El Jebel. Since its completion in 2003, the Conoco station has featured eight covered fuel pumps, the Willits Wash car wash, a convenience store, and seven fully leased commercial spaces totaling 10,000 square feet.

Key highlights include:
- Exceptional co-tenancy.
- Prime location in the heart of the Roaring Fork Valley, between Aspen and Glenwood.
- 100% leased commercial spaces.
- One of only seven gas stations on Highway 82 in the upper valley. One of two in the Willits area.
- Termination option on the fuel contract, offering flexibility not found in other gas station properties.
- Redevelopment clauses do not restrict the upstairs commercial space.
- Sale includes gas station and c-store business and real estate.

Location

State CO

County Eagle

Community Willits

Area Basalt

Zoning Commercial Limited

Direction 701 E Valley, Basalt CO

Others

Tax ID 246502207001

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Aspen Glenwood Springs MLS (AGSMLS)
agent

Karina Marx

Broker Associate | License ID: IA.100089820

+1(786) 999-4504

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