137 Benchmark Road, 9

Avon, CO 81620

About this property

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.

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$975,000 Pending
3,110 SQFT

Presented By Coldwell Banker Distinctive Properties Durango

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Fortius Commercial Advisors
Listed By Erich Schmidt
Brokerage: Fortius Commercial Advisors

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