About 105 Village Place 001,101,102,103,104,201&2
105 Village is a mixed-use condominium that includes both residential and commercial spaces. It is a condominium building offered as an all-inclusive sale.
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 gives the ability to structure leases, uses, or condo conversions to maximize ROI
-Residential lease income 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
-Improvements completed: Interior refinished to code, full roof replacement, siding repaired, updated, and painted