230 Third ST, Eagle, CO 81631
230 Third ST, Eagle, CO 81631
230 Third ST, Eagle, CO 81631
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Stephanie Ernst

Stephanie Ernst

+1(970) 306-5001
$2,099,000
Est. payment /mo
4,625 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,625 sqft

Price per Sqft $453

Subdivision The Gray Subdivision

MLS Listing ID 1014773

HOA Y/N No

Year Built 1932

Annual Tax Amount $10,537

Tax Year 2025

Lot Size 0.284 Acres

Acres 0.28

Property Sub-Type Mixed Use

Source Vail Multi-List Service

Property Description

Exceptional mixed-use investment opportunity in the heart of downtown Eagle. Situated on a highly visible corner along Highway 6, this 8-unit building benefits from exposure to approximately 11,000 vehicles per day, making it an ideal location for a variety of commercial uses. The property is currently 100% leased and generates a 6.8% cap rate, with flexible lease terms that provide a buyer the opportunity to reposition the property, occupy it, or redevelop it in the near future. Several units have been updated, and there is ample on property and on-street parking surrounding the building. The seller also has approximately $30K worth of architectural plans for an additional three-bedroom upper-level unit, offering further value-add potential. Whether you're an investor seeking stable cash flow, an owner-user looking for a company headquarters with employee housing, or a developer exploring the property's future potential, this asset offers exceptional flexibility. The property is zoned for approximately 75% commercial and 25% residential use. The current configuration may not conform to existing zoning requirements, and buyers are encouraged to verify all zoning, permitted uses, redevelopment potential, and compliance with the Town of Eagle.

Location

State CO

County Eagle

Community The Gray Subdivision

Area Eagle

Zoning CMU2

Interior

Heating Baseboard, Electric, Natural Gas

Exterior

Parking Features Unassigned

Utilities Available Trash Service, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Satellite, Sewer Available, Snow Removal, Water Available, Sewer Connected

Roof Type Metal

Total Parking Spaces 6

Building

Foundation Concrete Perimeter

Lot Size Range 0.28

Sewer See Remarks

Others

Tax ID 1939-324-16-010

Acceptable Financing 1031 Exchange, Cash, New Loan

Listing Terms 1031 Exchange, Cash, New Loan

Special Listing Condition None

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Vail Multi List (VBRMLS)
Listed by Vail Land Company LLC

Nearby Locations

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Stephanie Ernst

Stephanie Ernst

+1(970) 306-5001

Broker Associate FA FA 100092087

Broker Associate FA FA 100092087

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