Downtown Eagle Mixed-Use
214 Capitol Street Eagle, CO 81631
214 Capitol Street, Eagle, CO, 81631
$1,350,000
For Sale
$1,350,000
Mixed-use property with commercial suites and residential unit in Eagle.
Property Size2,971 SF
Lot Size0.18 Acres
Price / SF$454.39
Days on Market237
Property Features for 214 Capitol Street
General Information
- Standard status
- Active
- Size
- 2,971 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1992
Listing Agency
VAIL LAND COMPANY LLC
(970) 306-2264
Listed by
VIT BLANAR · License #FA100073698
Source
Corcoran
Added: Nov 25, 2025 Updated: Jul 6 at 10:09 am Checked: Jul 20 at 3:50 am
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 LAND COMPANY LLC
Investment Insights
Based on property information with market context.
Located in downtown Eagle, 214 Capitol St is a mixed-use property featuring two ground-level commercial suites with long-term tenants. Upstairs is a 2-bedroom, 2-bath residential unit that has been refreshed with new flooring, interior paint, and new appliances. The living space is bright and open, suitable for full-time living or premium rental. The unit includes a large private deck. The property provides abundant parking and a fenced backyard. It is located in the heart of Eagle's downtown district, near restaurants, coffee shops, schools, parks, and public transit. The property lies in a CMU1 (Commercial Mixed-Use 1) zoning district, designed to support development of a vibrant small-town downtown area with a mix of commercial and residential uses. The property may also be purchased with neighboring homes 246, 236, and 226 Capitol St., which, when combined, can be made into one or more larger parcels. The property size is 2971 square feet.
Key Highlights
- Income‑producing commercial space with long‑term tenants provides immediate and reliable cash flow.
- Spacious, private 2‑bedroom, 2‑bath residential unit with recent updates including new flooring, paint, and appliances.
- Prime downtown Eagle location offers exceptional convenience to restaurants, coffee shops, schools, parks, and public transit.
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 | $62.7k | $21.12 |
| − Vacancy | −$3.3k | −$1.10 |
| EGI | $59.5k | $20.02 |
| − OpEx | −$17.8k | −$6.01 |
| NOI | $41.6k | $14.02 |
2,971 SF · lease $21.12/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$594.8K
$520.5K – $694.0K
NOI $41,639 @ 7.0% cap · market cap 3.08%
Second Best
Apartment 5plus
$532.9K
$466.3K – $621.8K
NOI $37,305 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$814.9K
$713.0K – $950.7K
NOI $57,043 @ 7.0% cap · market cap 4.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
About Hair
Hair Salon
Isom & Associates
Architect
Mirna's Nutrition Protein ...
Restaurant
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with commercial suites and residential unit in Eagle.
Where is this mixed-use property located?
The property is located at 214 Capitol Street Eagle, CO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Income‑producing commercial space with long‑term tenants provides immediate and reliable cash flow.; Spacious, private 2‑bedroom, 2‑bath residential unit with recent updates including new flooring, paint, and appliances.; Prime downtown Eagle location offers exceptional convenience to restaurants, coffee shops, schools, parks, and public transit.
