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4-Unit Retail Condominium
For Sale
$2,100,000

110 E Beaver Creek Boulevard, Avon, CO 81620

The occupied property is subject to a lease that can be renegotiated.

Property Size5,363 SF
Price / SF$391.57
Days on Market13

Property Features for 110 E Beaver Creek Boulevard

General Information

Standard status Active
Size 5,363 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $11,962

Amenities

Aboveground
Baseboard Heating

Building Details

Year Built 1982
Tenancy Multi
Listing Agency: VAIL REALTY/ VAIL
Listed By: BART CUOMO
Source: Corcoran
Added: Sep 25 Changed: Oct 3 Last Checked: Oct 5 at 6:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of VAIL REALTY/ VAIL

Investment Insights

Based on property information with market context.

This retail condominium brings together four commercial units totaling 5,363 square feet. Built in 1982, the property is occupied by a liquor store and a T-shirt shop, both operating there since 1979. The real estate is offered subject to a lease that may be renegotiated.

The businesses may be acquired separately through another transaction. The property is located at 110 E Beaver Creek Boulevard in Avon, Colorado.

Key Highlights

  • Four combined retail condominium units totaling 5,363 square feet
  • Built in 1982
  • Occupied by a liquor store and T‑shirt shop operating since 1979

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,164
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,280 $1.5M
Cap Rate 7%
$1,073,771 $1.1M
Cap Rate 9%
$835,156 $835.2K
Market Conditions
NOI Build-Up for 5,363 SF
Gross rent
$113.3K $21.12/SF
− Vacancy
−$5.9K −$1.10/SF
EGI
$107.4K $20.02/SF
− OpEx
−$32.2K −$6.01/SF
NOI
$75.2K $14.02/SF
Area
Eagle County, CO
Vacancy
5.20%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,503,280
Cap Rate 7%
$1,073,771
Cap Rate 9%
$835,156

Alternative Uses

Best Use
Retail
$1.07M
$939.6K – $1.25M (±1% cap)
NOI $75,164 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M (±1% cap)
NOI $102,970 @ 7.0% cap · market cap 4.90%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

Demographics for 81620, CO

10,038
Population
9,432
Households
1.1
Avg Household Size
37
Median Age
46%
College-Educated
97%
High-School Grad
54.0 sq mi
ZIP Area
186
Density / Sq Mi
$99,152
Median Household Income
$40,908
Median Earnings
$2,199
Median Rent
$951,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - The occupied property is subject to a lease that can be renegotiated.
Where is this retail space located?
The property is located at 110 E Beaver Creek Boulevard Avon, CO.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four combined retail condominium units totaling 5,363 square feet; Built in 1982; Occupied by a liquor store and T‑shirt shop operating since 1979
More about this property
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