137 Benchmark Road 9, 10, 11, Avon, CO 81620
$1,085,000
Property Type:
Commercial Sale
Square Footage:
3,110
Status:
Closed
Current Price:
$1,085,000
List Date:
4/09/2024
Last Modified:
10/15/2024
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.
More Information MLS# 1009246
Location Info
Unit #: 9, 10, 11
Area: Avon
Complex/Subdivision: The Seasons @ Avon-Commercial
Property Subtype: Office
Street #: 137
Street Name: Benchmark
Street Suffix: Road
County: Eagle
State/Province: CO
Zip Code: 81620
Keywords Info
Year Built Effective: 1990
Lot Size Square Feet: 0
Finished Square Feet: 3110
Sq Ft Source: Seller
Air Conditioning: Yes
Association YN: Yes
Lot Size Source: Seller
Total SqFt: 3110
Listing Info
List Price/SqFt: 313.5
Listing Price: 975000
Current Price: $1,085,000
Status: Closed
Listing Date: 2024-04-09
General Info
Construction Status: Complete
Schedule Number: R044997
# Of Levels in Unit: 1
Entry Location: Door
Garage: Yes
# of Garage Stalls: 0
Freight Elevator: No
Mineral Rights: No
Passenger Elevator: Yes
Water Rights: No
Ground Lease: No
Parcel Number: 210512213023
Zoning Code: Town Center
Stories: 1
Financing Info
Transfer Tax %: 2
Transfer Fee %: 0
Current Tax Amount: 5169
Current Tax Year: 2023
Status Change Info
Sold Price/SqFt: 348.87
Seller Concessions: No
Status Change Date: 2024-10-15
Under Contract Date: 2024-04-17
Sold Date: 2024-10-15
Sold Price: $1,085,000
Original List Price: 975000
Development Status
Completed: 1
Utilities Available
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Sewer Available: 1
Trash: 1
Water Available: 1
Geological Info
None Known: 1
Heating
Forced Air: 1
Water Source
Public: 1
Construction
See Remarks: 1
Foundation
Poured in Place: 1
Roof
Synthetic: 1
Association/HOA Fees
Association/HOA Fee: 6570
Association/HOA Fee Frequency: Quarterly
Possession
Delivery of Deed: 1
Parking
Underground: 1
Property Features
Development Status: Completed
Utilities Available: Cable Available; Electricity Available; Phone Available; Sewer Available; Trash; Water Available
Heating: Forced Air
Water Source: Public
Construction: See Remarks
Foundation: Poured in Place
Roof: Synthetic
Geological Info: None Known
Parking: Underground
Possession: Delivery of Deed
Documents
Listing Office:
Fortius Commercial Advisors
Last Updated: October - 15 - 2024
Copyright ©2020 Vail Multi List, Inc. (VMLS). The information displayed herein was derived from sources believed to be accurate, but has not been verified by VMLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, non- commercial use. Any republication or reproduction of the information herein without the express permission of the VMLS is strictly prohibited.


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