Flexible Second-Floor Retail
For Sale
$1,295,000
90 Benchmark, Avon, CO 81620
Commercial Sale, Avon, CO
Property Size3,378 SF
Lot Size0.16 Acres
Price / SF$383.36
Days on Market50
Property Features for 90 Benchmark
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking
5
Parking features
Underground/Basement
Subdivision
Avon Town Square
Standard status
Active
APN
2105-122-15-051
Size
3,378 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Desc: Lot 2, Phase II (Aka Phase Iii) Subdivision: Avon Town Square Comm Condos Unit: 201 R729725 Map 05-12-00 R729726 Dec 05-12-00 R741623 Dec 10-13-00 R757695 Dec 05-23-01 R759247 Dec 06-11-01 R784855 Eas 02-04-02 R923946 Eas 07-27-05 R938731 Eas 12-01-05
Tax Annual Amount
20893
HOA Fee
$3,893 Monthly
Legal Description
Desc: Lot 2, Phase II (Aka Phase Iii) Subdivision: Avon Town Square Comm Condos Unit: 201 R729725 Map 05-12-00 R729726 Dec 05-12-00 R741623 Dec 10-13-00 R757695 Dec 05-23-01 R759247 Dec 06-11-01 R784855 Eas 02-04-02 R923946 Eas 07-27-05 R938731 Eas 12-01-05
Utilities
Heating system
Forced Air
Amenities
underground reserved parking
abundant surface parking
generous natural light
open flexible floor plan
professional management
Building Details
Year built
1999
Floors in Building
1
Building materials
Frame, Concrete
Listing Agency:
Keller Williams Mtn Properties · Keller Williams Realty
(970) 476-1600
Listed By:
Ryan Richards
(970) 401-0720
Added: Sep 8
Changed: Oct 1
Last Checked: Oct 27 at 3:06PM
MLS# 1015109
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.
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Investment Insights
Based on property information with market context.
Three adjoining second-floor commercial condominium units at 90 Benchmark form a 3,378-square-foot space with an open, flexible plan and natural light. The units can support retail, office, or service uses and may be arranged for multiple tenancies. Zoning approval is in place for residential conversion; the seller has completed conversions of four other units in the building. The property was built in 1999 and has frame and concrete construction.
Five reserved underground parking spaces are included. Avon Town Square is within walking distance of the Westin Riverfront Express Gondola to Beaver Creek, Nottingham Lake, and restaurants, shops, and services in central Avon. I-70 is accessible for travel through the Vail Valley. The professionally managed association covers common-area maintenance, electricity, heating and air conditioning, garbage, structural upkeep, and building insurance.
Five reserved underground parking spaces are included. Avon Town Square is within walking distance of the Westin Riverfront Express Gondola to Beaver Creek, Nottingham Lake, and restaurants, shops, and services in central Avon. I-70 is accessible for travel through the Vail Valley. The professionally managed association covers common-area maintenance, electricity, heating and air conditioning, garbage, structural upkeep, and building insurance.
Key Highlights
- 3,378 square feet across three adjoining second‑floor commercial condominium units
- Zoning approval for residential conversion; four other units in the building have been converted by the seller
- Open‑plan space with natural light, adaptable for retail, office, service uses, or multiple tenancies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,343
Cap Rate
3.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$946,860
$946.9K
Cap Rate 7%
$676,329
$676.3K
Cap Rate 9%
$526,033
$526.0K
Market Conditions
NOI Build-Up for 3,378 SF
Gross rent
$71.3K $21.12/SF
− Vacancy
−$3.7K −$1.10/SF
EGI
$67.6K $20.02/SF
− OpEx
−$20.3K −$6.01/SF
NOI
$47.3K $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%
$946,860
Cap Rate 7%
$676,329
Cap Rate 9%
$526,033
Alternative Uses
Best Use
Retail
$676.3K
$591.8K – $789.1K
NOI $47,343 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$926.5K
$810.7K – $1.08M
NOI $64,858 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
935
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Three connected units offer an adaptable layout for commercial use, with zoning approval for residential conversion.
Where is this retail space located?
The property is located at 90 Benchmark Avon, CO.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3,378 square feet across three adjoining second‑floor commercial condominium units; Zoning approval for residential conversion; four other units in the building have been converted by the seller; Open‑plan space with natural light, adaptable for retail, office, service uses, or multiple tenancies
