351 Market Street, Basalt, CO 81621
- $299,000
- List Price
- $299,000
- Status
- ACTIVE
- MLS#
- 194158
- Price Change
- ▼ $100,000 1788405521
- Year Built
- 2017
- Region
- Basalt
- Subdivision
- Willits
- Neighborhood
- 05-El Jebel
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 $299,000 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.
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Additional Information
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Listing Agent: Angi Wang, CNE 970-274-6117 from Listing Office: Setterfield & Bright.
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