Avon, CO 81620,137 Benchmark RD 9, 10, 11
Avon, CO 81620,137 Benchmark RD 9, 10, 11
Avon, CO 81620,137 Benchmark RD 9, 10, 11
13
$1,085,000
$975,000
11.3%
Est.Price: ?

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3,110 SqFt

137 Benchmark RD 9, 10, 11 Avon, CO 81620

Est. payment /mo
SOLD DATE : 10/15/2024

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Key Details

Sold Price $1,085,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,110 sqft

Price per Sqft $348

Subdivision The Seasons @ Avon-Commercial

MLS Listing ID 1009246

Sold Date 10/15/24

HOA Fees $2,190/qua

HOA Y/N Yes

Originating Board Vail Multi-List Service

Annual Tax Amount $5,169

Tax Year 2023

Property Description

The Seasons at Avon (''Seasons'') is a prominent mixed-use development located in the center of Avon, just steps from Beaver Creek's Riverfront Express Gondola. The property comprises 104 residential condominiums above 71,432 SF of gross leasable commercial space, including a retail promenade and office space. There are 301 underground parking spaces, 124 of which are dedicated to the property's residential spaces. It is one of the few buildings in the area that is within walking distance of Avon's marquee amenities, including Nottingham Park, Avon Recreation Center, Westin Riverfront Resort & Spa and gondola, Eagle River trail, Avon Transportation Center, as well as numerous restaurants.

Recent capital expenditures on the property total $1,700,000, including a complete renovation of the ground level common elements in 2021, replacement of the building's boiler / chiller in 2020, and a roof replacement in 2016.

The space is accessed from an exterior hallway on the north side of the building, and offers two private decks on the south side of the space with unobstructed views of Beaver Creek. Both sides of the space have floor-to-ceiling windows and skylights, providing ample natural light in the space year-round. These amenities allow for the opportunity to craft two luxury residential units.

As depicted in the conceptual plans on the following page, the construction of a loft in the unit would increase total square footage from 3,110 to 4,814, providing both a 3-bedroom/3-bathroom and a 4-bedroom/4-bathroom layout. This increases the useable square footage by 55%, reducing the price per square foot from $313/SF to $202/SF. This is noteworthy considering nearby condominium developments, Frontgate Avon and One Riverfront, are achieving $1,219 / SF and $1,582 / SF, respectively.

Location

State CO

County Eagle

Community The Seasons @ Avon-Commercial

Area Avon

Zoning Town Center

Interior

Heating Forced Air

Exterior

Parking Features Underground

Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Trash, Water Available

Roof Type Synthetic

Building

Foundation Poured in Place

Sewer Sewer Available

Others

Tax ID 210512213023

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Vail Multi List (VBRMLS)
Listed by Fortius Commercial Advisors

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agent

Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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