348 Lake Dillon Drive

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 Office: Pinnacle Real Estate Advisors