UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Dillon Central Condo
MLS Listing ID S1061133
Year Built 1970
Lot Size 4,133 Sqft
Acres 0.0949
Property Description
The commercial units, 001, 101, 102, 103, and 104, totaling 4,410 square feet, are currently vacant. Residential one-bedroom, one-bath units with kitchens and washer/dryer, located in units 201 and 202, totaling 1,528 sq. ft., are occupied under active 6-month leases.
105 Village Place – Rare Mixed-Use Opportunity in Dillon, CO
For Sale: Entire Condominium Building (Mixed-Use) | 5,938 Total Sq. Ft.
Offering: Full Building Sale | Seller Will Cooperate in a 1031 Exchange
Property Overview
- Location: Prime Dillon Core Zoning
- Commercial Space: Units 001, 101–104 totaling 4,410 sq. ft., vacant and ready for immediate occupancy or tenant customization
- Residential Space: Units 201 & 202 totaling 1,528 sq. ft.– Two 1-bed, 1-bath units with kitchens and in-unit laundry, currently leased under active 6-month terms
Zoning Flexibility: Ideal for office, venue, retail, or hybrid use; offers both income and usage optionality.
Market Highlights
- Recent sales of nearby commercial properties—including 352 Lake Dillon Dr. and the full-building lease at 46 Lake Dillon Dr.—demonstrate strong buyer and tenant needs
- Dillon's unique model of owner/user commercial condos limits supply, increasing demand for leasable commercial inventory
- Flexibility to designate commercial units as individual condo spaces or lease as a cohesive portfolio
-Investment Potential
- Full-building purchase allows owner to structure leases, uses, or condo conversions to maximize ROI
- Residential lease income already in place
- Significant upside from commercial lease-up, office conversion, or boutique venue use
- Ideal candidate for 1031 exchange, providing deferred tax advantages for eligible investors
Property Improvements completed by Sept 30 include:
Interior refinish to code, roof replacement, more.
Location
State CO
County Summit
Area Dillon/Summit Cove
Direction 105 Village Place, Dillon, CO 80435 From I-70, Exit 203, Head East on Hwy 6 to the right turn into the town of Dillon. Take Lake Dillon Drive, then turn left onto Village Place. The property is immediately on your left. Park in front of Pug Ryan's Restaurant, located at 105 Village Place, which is directly across from Pug's.
Interior
Heating Baseboard, Central, Hot Water, Natural Gas
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Septic Available, Water Available
Water Access Desc Public
Roof Type Asphalt
Street Surface Paved
Building
Dwelling Type Multi Family,Office,Retail
Foundation Poured
Sewer Public Sewer
Water Public
Others
HOA Name HOA board Management
Tax ID 6506636
