Two-Story Corner Mixed-Use
For Sale
$2,395,000
105 Capitol Street, Eagle, CO 81631
COMMERCIAL - Eagle, CO
Property Size5,919 SF
Lot Size0.29 Acres
Price / SF$404.63
Days on Market345
Property Features for 105 Capitol Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Central Business District
Parking features
Parking Lot
Subdivision
Capitol Street Building
Standard status
Active
APN
1939-324-24-001
Size
5,919 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Subdivision: CAPITOL STREET BUILDING, THE Unit: 1-8
Tax Annual Amount
9245
Legal Description
Subdivision: CAPITOL STREET BUILDING, THE Unit: 1-8
Utilities
Utilities
Water Available
Heating system
Heat Pump (Heating), Radiant, Baseboard, Natural Gas
Building Details
Year built
1999
Floors in Building
2
Number of units
8
Listing Agency:
Berkshire Hathaway-Villa M. · Berkshire Hathaway HomeServices
(970) 845-8700
Listed By:
Mark Weinreich · License #FA40038541
(970) 376-3204
Added: Aug 22, 2025
Changed: Jul 30
Last Checked: Aug 1 at 8:06AM
MLS# 1012591
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.
Downtown Eagle, Colorado offers a two-story corner mixed-use condo building at 105 Capitol St. The property comprises eight condo units, totaling approximately 5,919 +/- square feet: four commercial units on the first floor and four residential units on the second floor.
The building is 100% leased. Commercial space is on NNN leases, while the residential units are on NET leases with all utilities individually metered, including water. Condominiumization provides flexibility for future ownership structure. The property sits on a 0.29-acre lot in the Town of Eagle Central Business District, at the corner of Grand Avenue (Highway 6) and Capitol Street.
Built in 1999, the property includes a parking lot and is served by utilities such as water availability. Heating options listed include heat pump, radiant, baseboard, and natural gas.
The building is 100% leased. Commercial space is on NNN leases, while the residential units are on NET leases with all utilities individually metered, including water. Condominiumization provides flexibility for future ownership structure. The property sits on a 0.29-acre lot in the Town of Eagle Central Business District, at the corner of Grand Avenue (Highway 6) and Capitol Street.
Built in 1999, the property includes a parking lot and is served by utilities such as water availability. Heating options listed include heat pump, radiant, baseboard, and natural gas.
Key Highlights
- 0.29‑acre lot with a two‑story, corner mixed‑use layout in Eagle’s Central Business District
- Approximately 5,919 +/- SF total with four first‑floor commercial units and four second‑floor residential units
- Eight condo units total, with condominiumized structure for flexible ownership
Financial Insights For Retail
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 | $125.0k | $21.12 |
| − Vacancy | −$6.5k | −$1.10 |
| EGI | $118.5k | $20.02 |
| − OpEx | −$35.6k | −$6.01 |
| NOI | $83.0k | $14.02 |
5,919 SF · lease $21.12/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.38M
NOI $82,956 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$1.06M
$929.0K – $1.24M
NOI $74,322 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,645 @ 7.0% cap · market cap 4.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
Explore this area
Business Placement
Demographics for 81631, CO
9,017
Population
3,137
Households
2.9
Avg Household Size
39
Median Age
52%
College-Educated
93%
High-School Grad
220.4 sq mi
ZIP Area
41
Density / Sq Mi
$104,430
Median Household Income
$54,994
Median Earnings
$1,685
Median Rent
$717,600
Median Home Value
Market
Properties on Market for Mixed-use properties in Eagle County
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Central Business District mixed-use condo building with eight units and fully leased commercial and residential space.
Where is this mixed-use property located?
The property is located at 105 Capitol Street Eagle, CO.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: 0.29‑acre lot with a two‑story, corner mixed‑use layout in Eagle’s Central Business District; Approximately 5,919 +/- SF total with four first‑floor commercial units and four second‑floor residential units; Eight condo units total, with condominiumized structure for flexible ownership
