Login

165 Midland Avenue, Basalt, CO 81621

Local realty services provided by:CENTURY 21 Top Dog Properties
165 Midland Avenue,Basalt, CO 81621
$12,500,000
  • 2 Beds
  • 4 Baths
  • 5,364 sq. ft.
  • Single family
  • Active
Listed by: cynthia milling
Office: douglas elliman real estate-hyman ave
MLS#:187509
Source:CO_AGSMLS

Price summary

  • Price:$12,500,000
  • Price per sq. ft.:$2,330.35

About this home

A rare opportunity to acquire one of Basalt's most iconic and historically significant properties- the Colorado Midland Hotel, built in 1896 and recognized as a designated historic structure. Currently home to the renowned Tempranillo Restaurant, this landmark building is ideally situated in the heart of downtown Basalt, steps from local boutiques, fine dining, and the Roaring Fork River. Property Highlights • Prime Downtown Location on Midland Avenue - Central lot on Basalt's main street corridor, surrounded by active retail, dining, and cultural amenities. • Mixed-Use Potential - Existing configuration includes first-floor restaurant and upper-level residential. • Zoning: C-2 Downtown Business District - Encourages a dynamic blend of commercial and residential uses within a pedestrian-friendly setting. • Historic Charm, Modern Upgrades - Carefully remodeled in 2006 while preserving its original architectural details. • Transferable Income - Existing leases for both

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1896
  • Listing ID #:187509
  • Added:304 day(s) ago
  • Updated:January 24, 2026 at 03:12 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:4
  • Full bathrooms:2
  • Half bathrooms:2
  • Living area:5,364 sq. ft.

Structure and exterior

  • Year built:1896
  • Building area:5,364 sq. ft.
  • Lot area:0.32 Acres

Utilities

  • Water:Community

Finances and disclosures

  • Price:$12,500,000
  • Price per sq. ft.:$2,330.35
  • Tax amount:$19,532 (2024)
© 2026 by Aspen/Glenwood Springs MLS, Inc. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written consent of the Aspen/Glenwood Springs MLS, Inc. Aspen/Glenwood Springs MLS, Inc. data last updated on January 24, 2026, 03:12 PM

New listings near 165 Midland Avenue