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Dillon Commercial Suite For Sale
For Sale
$1,500,000

114 Village #101 + 102, Dillon, CO 80435

5,040 SF commercial suite with flexible subdivision options.

Property Size5,040 SF
Lot Size0.12 Acres
Price / SF$297.62
Days on Market361

Property Features for 114 Village #101 + 102

General Information

Standard status Active
Size 5,040 SF
Lot size 0.12 Acres
Property subtype Commercial

Amenities

Central air
2 or more Heat Sources Heating
Central Air Cooling
Heat Pump Heating

Building Details

Year Built 1972
Listing Agency: Ski Colorado Real Estate
Listed By: LAURA M FISHER
Source: Corcoran
Added: Oct 15, 2025 Changed: Oct 7 Last Checked: Oct 9 at 4:35PM

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 Ski Colorado Real Estate

Investment Insights

Based on property information with market context.

This 5,040 SF commercial suite is located on the first floor and offers flexibility for potential subdivision into smaller parcels at a negotiated price. The suite features 15 private offices, each equipped with windows, along with two conference rooms. A reception area is present, as well as a kitchen/breakroom. Restrooms are available for both guests and staff. The suite also includes a dedicated IT/server room. The property is fully ADA accessible. A new Mitsubishi VRF heating and cooling system has been installed, which includes air purification. The property is also available for lease at $22/SF NNN.

Key Highlights

  • Large 5,040 SF 1st‑floor commercial suite with flexible subdivision options.
  • 15 private offices, each with windows.
  • New Mitsubishi VRF heating and cooling system with air purification.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$84,823
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,460 $1.7M
Cap Rate 7%
$1,211,757 $1.2M
Cap Rate 9%
$942,478 $942.5K
Market Conditions
NOI Build-Up for 5,040 SF
Gross rent
$133.1K $26.40/SF
− Vacancy
−$20.0K −$3.96/SF
EGI
$113.1K $22.44/SF
− OpEx
−$28.3K −$5.61/SF
NOI
$84.8K $16.83/SF
Area
Summit County, CO
Vacancy
15.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,696,460
Cap Rate 7%
$1,211,757
Cap Rate 9%
$942,478

Alternative Uses

Best Use
Office B
$1.21M
$1.06M – $1.41M (±1% cap)
NOI $84,823 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$100.32M
$87.78M – $117.03M (±1% cap)
NOI $7,022,056 @ 7.0% cap · market cap 468.14%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office Units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 80435, CO

8,344
Population
7,778
Households
1.1
Avg Household Size
36
Median Age
53%
College-Educated
97%
High-School Grad
104.0 sq mi
ZIP Area
80
Density / Sq Mi
$86,023
Median Household Income
$48,554
Median Earnings
$1,539
Median Rent
$882,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - 5,040 SF commercial suite with flexible subdivision options.
Where is this office units located?
The property is located at 114 Village #101 + 102 Dillon, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Large 5,040 SF 1st‑floor commercial suite with flexible subdivision options.; 15 private offices, each with windows.; New Mitsubishi VRF heating and cooling system with air purification.
More about this property
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