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$15,400,000
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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.
Full Property Details
Full Property Details for 701 E Valley Rd
General
- Sold For: $15,400,000
- Taxes: $102,070 (2023)
- Status: Closed
- Type: Business
- Source: 106
- MLS ID: 185099
- Added to Site: 597 day(s) ago
Location
- Area: Basalt
- County: Eagle
- Subdivision: Willits
- Driving Directions: 701 E Valley, Basalt CO
Structural Information
- Square Feet: 10,399
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.91
- Lot Size (Sq. Ft.): 39,640
- Zoning: Commercial Limited
Financial Considerations
- Tax Amount: $102,070
- Tax Year: 2023
Disclosures and Reports
- Legal Description: Subdivision: WILLITS TOWN CENTER FIL 1 Block: 1 Lot: 1
- Property ID: 246502207001
Listed by Aspen Snowmass Sotheby's International Realty - Hyman Mall, Lex Tarumianz
Sold by AG Aspen, Alexandra George
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Schools
Schools serving 701 E Valley Rd
School District:Roaring Fork School District Re-1
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 701 E Valley Rd
Date
Details
Price
Change
Source
2/10/2025
Sold
$16,600,000
-7.75%
MLS
10/09/2024
Price Reduced
$17,995,000
-15.32%
MLS
8/16/2024
Listed
$21,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
701 E Valley Road, Basalt, CO 81621 (MLS# 185099) is a Business property that was sold at $15,400,000 on February 10, 2025. Want to learn more about 701 E Valley Road? Do you have questions about finding other Business real estate for sale in Basalt? You can browse all Basalt real estate or contact a Coldwell Banker agent to request more information.
