348 Lake Dillon Drive

Dillon, CO 80435 — Summit County

Commercial Sale  $2,200,000  Active  Listing# 8323461  

4572.00 sqft    Lot size: 20553.00 sqft    0.47 acres    1963 build   

 



  Showing Request        
Updated: 08-08-2025 04:01pm

  Property Description

Discover a rare chance to invest in one of Summit County’s most desirable locations—348 Lake Dillon Drive. Spanning over 20,000 square feet, this prime development site offers breathtaking panoramic views of Lake Dillon and the surrounding mountains. Zoned for flexible use and ideally positioned near world-renowned ski resorts like Breckenridge and Keystone, this property is perfectly suited for a wide range of development possibilities. It’s located directly across from the upcoming Uptown 240 project, a mixed-use development that will feature residential units, restaurants, and retail spaces—setting the stage for a lively and thriving neighborhood. The property currently includes an existing building with both office and residential tenants, generating immediate rental income. Two units are being held vacant so as not to impede redevelopment, but units could be re-tenanted with a buyer's input. Recent occupancy brought in over $100k in gross rents per year, including leased parking for construction vehicles on the north side of the property.

A buyer could redevelop the property (concept drawings for an 18-unit apartment building are available, and zoning may allow up to 58ft building height) or hold and cashflow until the Uptown 240 project is completed. There's also the potential to expand, with an option to acquire an additional 37,000 square feet. Opportunities like this are rare—don’t miss your chance to invest in a rapidly growing area with unmatched potential. Contact us today to learn more about this unique offering at 348 Lake Dillon Drive.

  Listing Details

Property Type 
Commercial Sale
Listing# 
8323461
Source 
REcolorado (Denver)
Last Updated 
08-08-2025 04:01pm
Status 
Active
Off Market Date 
11-30--0001 12:00am

  Property Details

Property Subtype 
Multi Family
Sold Price 
$2,200,000
Original Price 
$2,500,000
Location 
Dillon, CO 80435
SqFT 
4572.00
Year Built 
1963
Acres 
0.47

  Map

  Property Level and Sizes

SqFt Lot 
20553.00
Lot Size 
0.47

  Financial Details

Previous Year Tax 
9018.00
Year Tax 
2024
Primary HOA Fees 
0.00

  Interior Details

  Exterior Details

Water  
Public
Sewer  
Public Sewer

  Garage & Parking

Parking Features  
Asphalt

  Exterior Construction

Roof  
Metal

  Land Details

PPA 
0.00
Sewer Fee 
0.00

  Schools

  Walk Score®


 


  Contact Agent

executed in 0.500 sec.