$15,400,000
$17,995,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
701 E Valley Road Basalt, CO 81621
10,399 SqFt
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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