114 Village PL #101, 102 Dillon, CO 80435
8,415 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Dillon Tech Center Condo
MLS Listing ID S1071751
Year Built 1972
Lot Size 8,415 Sqft
Acres 0.1932
Property Description
This fully leased, single-level commercial property is priced below replacement cost. It combines stable income with a well-maintained, recently updated building. New long-term leases with built-in rent escalations provide dependable, growing cash flow, and after-tax returns exceed 7%. Call Broker for NOI.
The property totals approximately 5,298 square feet, divided into four suites of 1,181, 1,427, 1,133, and 1,557 square feet. This layout gives investors diversified tenancy and gives owner-users room to occupy one suite while leasing the rest. Every suite has its own private exterior entrance, so there are no common hallways to maintain or pay for.
Inside, each suite includes ADA-accessible restrooms and a mix of offices and open spaces, all with windows for natural light. A kitchen/breakroom and T-1 capability round out the functional layout. Recent improvements include a new Mitsubishi VRF heating and air conditioning system for year-round comfort, along with new carpet, paint, and restroom finishes.
Ownership is simplified by HOA management of the property. Exterior signage offers strong visibility, and ample front-door parking keeps access convenient for tenants and customers. Easy access to I-70 connects the property to Denver, Vail, and Breckenridge.
A rare opportunity to establish or expand your business in the heart of Summit County!
Location
State CO
County Summit
Area Dillon/Summit Cove
Direction From highway 6 in Dillon, turn onto Lake Dillon Drive, then turn left onto Village Place, then turn right at the Dillon Tech Center building. Property is on the first floor.
Interior
Heating Central, Heat Pump, Hot Water
Cooling Central Air
Equipment Satellite Dish
Fireplace No
Exterior
Parking Features See Remarks
Utilities Available Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Water Available
Water Access Desc Public
Roof Type See Remarks
Street Surface Paved
Building
Sewer Public Sewer
Water Public
Others
Tax ID 6510957
