Two-Story Mixed-Use Corner
105 Capitol Street Unit 1 2 3 4 Eagle, CO 81631
105 Capitol Street Unit 1 2 3 4, Eagle, CO, 81631
$2,550,000
For Sale
$2,550,000
Two-story, condominiumized mixed-use building with four commercial units and four residential units, all currently leased.
Property Size5,919 SF
Price / SF$430.82
Days on Market533
Property Features for 105 Capitol Street Unit 1 2 3 4
General Information
- Standard status
- Active
- Size
- 5,919 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1999
Listing agency
Berkshire Hathaway-Villa M.
(970) 376-3204
Listed by
Mark Weinreich · License #FA40038541
(970) 376-3204
Source
Xome
Added: Feb 5, 2025 Updated: Jul 22 at 1:24AM Checked: Jul 22 at 3:37AM
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 Berkshire Hathaway-Villa M.
Investment Insights
Based on property information with market context.
Located at 105 Capitol Street, this two-story mixed-use, condominiumized building contains 8 total condo units, split between four commercial units on the first floor and four residential units on the second floor. The property is currently 100% leased. Commercial tenants operate on NNN leases, while residential tenants are on NET leases with all utilities individually metered, including water.
The building occupies a high-visibility corner in the Town of Eagle Central Business District, positioned at the intersection of Grand Avenue (Highway 6) and Capitol Street.
Condo ownership supports flexibility for future planning and configuration while maintaining an income stream from the existing leased mix of first-floor commercial space and second-floor residential units.
The building occupies a high-visibility corner in the Town of Eagle Central Business District, positioned at the intersection of Grand Avenue (Highway 6) and Capitol Street.
Condo ownership supports flexibility for future planning and configuration while maintaining an income stream from the existing leased mix of first-floor commercial space and second-floor residential units.
Key Highlights
- Two‑story mixed‑use building with 8 condo units: 4 commercial on the 1st floor and 4 residential on the 2nd floor
- Approximately 5,919 +/- SF total building area
- 100% leased: commercial tenants on NNN leases and residential tenants on NET leases
Local 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 3.25%
Second Best
Apartment 5plus
$1.06M
$929.0K – $1.24M
NOI $74,322 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,645 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Two-story, condominiumized mixed-use building with four commercial units and four residential units, all currently leased.
Where is this apartment building located?
The property is located at 105 Capitol Street Unit 1 2 3 4 Eagle, CO.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Two‑story mixed‑use building with 8 condo units: 4 commercial on the 1st floor and 4 residential on the 2nd floor; Approximately 5,919 +/- SF total building area; 100% leased: commercial tenants on NNN leases and residential tenants on NET leases
