UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Dillon Central Condo
MLS Listing ID S1061133
Year Built 1970
Lot Size 4,133 Sqft
Acres 0.0949
Property Description
The commercial units, 001, 101, 102, 103, and 104, totaling 4,410 square feet, are currently vacant. Residential one-bedroom, one-bath units with kitchens and washer/dryer, located in units 201 and 202, totaling 1,528 sq. ft., are occupied under active 6-month leases.
Recent market:
Demand for the office & commercial use is expected to remain strong. Recent sales of the Summit Assoc. of Realtors building, located at 352 Lake Dillon Dr., and the entire building lease to a single user, at 346 Lake Dillon Dr., exemplify both sales and leases of office and venue space. The owner/user of Dillon's commercial condominium spaces limits the town's leasable space, thereby increasing demand for rentable units. Dillon Central Condominiums' office spaces can be sold as designated condo units or rented out, allowing the new owner to plan for income and use.
SELLERS WILL COOPERATE IN A 1031 EXCHANGE.
Edward O'Brien, the listing agent, is a member of Western Ponds LLC, the owner of unit 001.
Location
State CO
County Summit
Area Dillon/Summit Cove
Direction 105 Village Place, Dillon, CO 80435 From I-70, Exit 203, Head East on Hwy 6 to the right turn into the town of Dillon. Take Lake Dillon Drive, then turn left onto Village Place. The property is immediately on your left. Park in front of Pug Ryan's Restaurant, located at 105 Village Place, which is directly across from Pug's.
Interior
Heating Baseboard, Central, Hot Water, Natural Gas
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Septic Available, Water Available
Water Access Desc Public
Roof Type Asphalt
Street Surface Paved
Building
Dwelling Type Multi Family,Office,Retail
Foundation Poured
Sewer Public Sewer
Water Public
Others
HOA Name HOA board Management
Tax ID 6506636
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Stephanie Ernst
Broker Associate | FA FA 100092087
Broker Associate FA FA 100092087