701 E Valley Road, Basalt, CO 81621

$15,400,000

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Sold Price
$15,400,000
List Price
$17,995,000
Status
CLOSED
MLS#
185099
Closing Date
Feb 10, 2025
Year Built
2003
Acres
0.91
Region
Basalt
Subdivision
Willits
Neighborhood
05-Basalt Proper

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.

Additional Information

Taxes
$102,070
Tax Year
2023

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Lex Tarumianz 970-618-5648 from Listing Office: Aspen Snowmass Sotheby's International Realty - Hyman Mall.

Selling Office: .

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