114 Vlg Pl Dillon, CO 80435
This 780,000 USD commercial condominium, located at 114 Village Place Unit 301 in Dillon, Colorado, presents a unique investment opportunity. Situated in the Town Core zoning district, this property offers convenient access via elevator from the town's parking lot. The unit has been owner-occupied since 2001 by a law firm, showcasing its suitability for professional use. The interior boasts an executive office design with high-end finishes, strategically incorporating the stunning views of Lake Dillon and the Ten Mile Mountain Range. Large windows replace drywall in many areas, maximizing natural light and the breathtaking panorama. The flexible layout includes separate offices and a conference room, ideal for a variety of professional settings. This commercial condominium is easily adaptable for either leasing or owner-occupancy, providing significant versatility. Furthermore, the property qualifies for a 1031 exchange, making it an attractive option for investors seeking tax-deferred exchanges. Financing options for owner-occupied scenarios are available. This is a rare opportunity to acquire a well-established, high-quality commercial space in a desirable location. The property's prime location and sophisticated design make it an exceptional investment. The building is a commercial condominium, offering the benefits of ownership with the convenience of a managed building.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.