348 Lake Dillon Dr Dillon, CO 80435
- Investment properties
- 0.47 lot acres
Current Use by Public Records
- Investment properties
Property Details for 348 Lake Dillon Dr
- Year built
- 1963
- Lot size
- 0.47 lot acres
- Zone code
- DCA
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 901391
- APU
- 901391
Description
This exceptional redevelopment opportunity presents a 4,764 square foot, three-story building on a 20,553 square foot lot in Dillon, Colorado. Located at 348 Lake Dillon Drive, the property boasts stunning panoramic views of Lake Dillon and the surrounding mountains. Currently operating at 100% occupancy with a mix of office and residential tenants, providing immediate rental income. Built in 1963 and renovated in 1977, the property features 4,572 square feet of net rentable space, with a flexible DCA zoning designation. The asking price is $2,500,000, translating to $524.77 per square foot and $121.63 per square foot for land value. This prime location offers easy access to major ski resorts, including Breckenridge and Keystone, and is situated across from the planned Uptown 240 development, which will include residential units, restaurants, and retail spaces. The potential for expansion exists, with an option to acquire up to an additional 37,000 square feet of land. This presents a rare chance to acquire a significant piece of Summit County real estate in a thriving and growing community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dillon
- County
- Summit
- State
- Colorado
- Longitude
- -106.047
- Latitude
- 39.6294
- CBSA code
- 14720
- CBSA name
- BRECKENRIDGE, CO MICROPOLITAN STATISTICAL AREA
