
Dillon Central Condominium
5,938 SqFt
Marketing description
105 Village is a mixed-use condo development that features both residential and commercial spaces. It is a condominium building offered for sale as a single unit.
Recent improvements were completed in September, including interior code updates, a new roof with necessary repairs, exterior siding repairs, and painting. 105 Village is a mixed-use condominium that includes both residential and commercial spaces. It is a condominium building offered for sale on an all-inclusive basis.
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 a washer/dryer, located in units 201 and 202, totaling 1,528 sq. ft., are occupied under active 6-month leases.
Investment highlights
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
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