Midland Avenue

El Jebel | Colorado

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Extraordinary Living

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Gabriel Molnar

Presented At

$12,500,000

Bedrooms

Bathrooms

Living

5,364

SQFT

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165

Midland Avenue

El Jebel | Colorado

165 Midland Avenue, El Jebel, Colorado, United States. , El Jebel , Colorado

165 Midland Avenue - Basalt, Colorado

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 [hidden information] HighlightsPrime Downtown Location on Midland Avenue
Central lot on Basalt's main street corridor, surrounded by active retail, dining, and cultural [hidden information] Potential
Existing configuration includes first
Encourages a dynamic blend of commercial and residential uses within a pedestrian
Carefully remodeled in 2006 while preserving its original architectural [hidden information] Income
Existing leases for both commercial and residential units provide immediate cash [hidden information] approximately 0.322 acres and an existing ±5,364 sq. ft. of floor area, the site allows for significant redevelopment potential under Basalt's C

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Property Location

165 Midland Avenue, El Jebel, Colorado, United States., El Jebel Colorado

Local Weather & Climate

El Jebel, Colorado

Current Conditions Updated recently

4 °F

Scattered clouds

Feels Like 4°F

Humidity 70%

Wind 2 mph

Visibility 6.2 mi

Sunrise 2:20 PM

Sunset 12:19 AM

5-Day Forecast

Sun 25 Jan

Clouds

High 15°

Low 8°

Mon 26 Jan

Clear

High 31°

Low -1°

Tue 27 Jan

Clouds

High 36°

Low 12°

Wed 28 Jan

Clouds

High 39°

Low 17°

Thu 29 Jan

Clouds

High 40°

Low 20°

Annual Climate Based on last 12 months

34° Avg Low

Jan

64° Avg High

Jul

133 Rainy Days

per year

Arid

Semi-Arid

Moderate

Wet

21" Annual Rainfall

Arid climate

❄

29 Snow Days

per year

Monthly Temperatures

Jan

38°

12°

Feb

45°

18°

Mar

60°

27°

Apr

58°

29°

May

68°

37°

Jun

83°

49°

Jul

89°

55°

Aug

86°

54°

Sep

74°

48°

Oct

65°

36°

Nov

54°

27°

Dec

45°

20°

Data from OpenWeatherMap & Open-Meteo

Walkability & Transit Scores

How easy is it to get around El Jebel?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (United States)

$0 Est. First Year Interest Deduction

$0 Est. Annual Tax Savings

*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 165 Midland Avenue, El Jebel, Colorado, United States have?

This house at 165 Midland Avenue, El Jebel, Colorado, United States features 2 bedrooms with 5,364 square feet of living space.

What is the size of 165 Midland Avenue, El Jebel, Colorado, United States?

This property offers 5,364 square feet of living space.

What is the listing price for 165 Midland Avenue, El Jebel, Colorado, United States?

This property is listed at $1,250,000,000, which equals $233035 per square foot.

What is the climate like in El Jebel?

El Jebel features a pleasant climate. Average temperatures range from 34°F in winter to 64°F in summer. The area receives approximately 21 inches of precipitation annually. There are about 133 days with rain throughout the year. Expect around 29 days with snow. This climate information can help you plan for seasonal activities and energy costs.

What are the best months to visit or move to El Jebel?

El Jebel tends to be warmest in Jul and coldest in Jan. The shoulder seasons of spring and fall often offer the most comfortable weather for moving and outdoor activities.

What type of property is 165 Midland Avenue, El Jebel, Colorado, United States?

This is a house located in El Jebel, Colorado. The property is situated in an established neighborhood with convenient access to local amenities and services.