Leased Office Condominium
210 Edwards Village Boulevard Edwards, CO 81632
210 Edwards Village Boulevard, Edwards, CO, 81632
$985,000
For Sale
$985,000
COMMERCIAL - Edwards, CO
Property Size3,632 SF
Lot Size0.20 Acres
Price / SF$271.20
Days on Market68
Property Features for 210 Edwards Village Boulevard
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- Commercial
- Parking features
- Assigned
- Standard status
- Active
- APN
- 2105-054-25-054
- Size
- 3,632 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Subdivision: EDWARDS COMMERCIAL PARK Unit: C-205 BK-0731 PG-0744 MAP 07-10-97 BK-0731 PG-0745 DEC 07-10-97
- Tax Annual Amount
- 13476
Utilities
- Utilities
- Water Available
- Heating system
- Forced Air
Building Details
- Year built
- 1997
- Floors in Building
- 2
- Number of units
- 1
- Building materials
- Brick, Concrete
Listing Agency
Slifer Smith & Frampton- 230 Bridge Street
(970) 476-2421
230 Bridge Street, Avon, CO
Listed by
Paul Gotthelf
(970) 476-2421
Added: May 12 Checked: Jul 18 at 3:06 am
MLS# 1014084
Copyright © 2026 Vail Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes three commercial condominium units presented together as a single package. The current tenant operates a dance studio and occupies an expansive open studio layout with high ceilings and mirrored walls. In addition to the studio area, the space includes locker and changing areas, reception and lounge space, an office, storage, and restrooms.
The property is located at 210 Edwards Village Boulevard in Edwards, Colorado, within a highly accessible mid-valley setting. The building totals 3,632 square feet, and the site is listed at 0.2 acres.
For buyers and investors, the key consideration here is that the tenant’s lease will survive closing. The current lease runs through June 2029, supporting a long-term in-place occupancy scenario. The configuration also offers flexible back-of-house and administrative rooms alongside the primary studio area, which may be useful for office-oriented tenants looking for a combination of open and private spaces within a multi-unit commercial condominium format.
The property is located at 210 Edwards Village Boulevard in Edwards, Colorado, within a highly accessible mid-valley setting. The building totals 3,632 square feet, and the site is listed at 0.2 acres.
For buyers and investors, the key consideration here is that the tenant’s lease will survive closing. The current lease runs through June 2029, supporting a long-term in-place occupancy scenario. The configuration also offers flexible back-of-house and administrative rooms alongside the primary studio area, which may be useful for office-oriented tenants looking for a combination of open and private spaces within a multi-unit commercial condominium format.
Key Highlights
- Fully leased commercial condominium units providing stable, long‑term income
- Tenant lease in place through June 2029
- Attractive cap rate for dependable cash flow
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.2k | $24.00 |
| − Vacancy | −$19.2k | −$5.28 |
| EGI | $68.0k | $18.72 |
| − OpEx | −$17.0k | −$4.68 |
| NOI | $51.0k | $14.04 |
3,632 SF · lease $24.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$728.5K
$637.4K – $849.9K
NOI $50,993 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$996.2K
$871.7K – $1.16M
NOI $69,734 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Three office condominium units are offered as a package with a dance studio tenant and a lease through June 2029.
Where is this office units located?
The property is located at 210 Edwards Village Boulevard Edwards, CO.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Fully leased commercial condominium units providing stable, long‑term income; Tenant lease in place through June 2029; Attractive cap rate for dependable cash flow
