Durango CO Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
1,643
Status:
NEW LISTING
Beds:
n/a
Lot size:
8.75 Acres
Year built:
1974
Baths:
2.00
MLS#:
819534

ADDITIONAL INFORMATION

Located at the base of Farmington Hill and just South of the Cascade car wash, provides excellent visibility from Highway 160, proximity to the airport, big box stores, and the hospital. The sale includes two parcels, one with the current residential structure (Tract 2 â?? annexed into City of Durango), the other providing nice privacy and space (Tract 1 â?? not annexed/county). Excellent visibility from Highway 160 and one of the highest traffic volumes in Southwest Colorado, offering a multitude of potential uses; cannabis store, gas station, hotel, restaurant, drive-thru service, and more. Minutes from Mercy Medical Center, La Plata County Airport and downtown Durango. Square footage of structure does not include the full basement. Building is connected to the well onsite, City of Durango water nearby, central sewer is South Durango Sanitation. CDOT access permit initiated, may require a deceleration lane depending on use. Currently listed as residential in City, but highest and best use is likely commercial.

Type:
Mixed Use
Sq.Ft.:
96,837
Status:
NEW LISTING
Beds:
n/a
Lot size:
9.96 Acres
Year built:
2007
Baths:
8.00
MLS#:
819479

ADDITIONAL INFORMATION

Adjacent to the Durango La Plata County Airport. 73,000+ sq ft of Class A office space, plus 16,595 sq ft building partially leased to Spriggs Excavation, plus 7,242 sq ft shop fully leased to ModStreet, all on 10 flat usable acres. 200+ parking spaces spread out over 1.5 acres of pavement. Inside the Class A office building you'll find elevators, floor-to-ceiling window corner conference rooms, multiple large spaces for meetings, cubicles, work stations, private offices, a work-out facility, and2 kitchen areas. The large meeting rooms can support an occupancy of 360 people. Office space lease terms are $8 sq ft with $2 sq ft available for tenant improvements. 14 miles to Durango, 15 miles to Bayfield and 10 miles to Ignacio.

Type:
Industrial
Sq.Ft.:
15,404
Status:
Active
Beds:
n/a
Lot size:
1.13 Acres
Year built:
1983
Baths:
6.00
MLS#:
819424
Subdivision:
Bodo Park

ADDITIONAL INFORMATION

Property Overview: Presenting a rare opportunity to acquire a premier commercial warehouse with integrated office space in Durango's centrally located Bodo Light Industrial Park. This expansive facility offers over 15,000 square feet of versatile space on a 1.137acre lot, catering to a wide range of industrial and commercial applications. It represents a unique chance to secure a significant commercial asset in one of Durango's most sought after industrial hubs. Its prime location, expansive space, and alignment with local economic trends make it an ideal choice for businesses seeking to establish or expand their presence in this thriving market. Key Features: Location: Situated in Bodo Light Industrial Park, this property benefits from excellent connectivity and proximity to major transportation routes, facilitating efficient logistics and operations. Space: The facility encompasses over 15,000 square feet, providing ample room for warehousing, manufacturing, or distribution needs, along with dedicated office areas to support administrative functions. Lot Size: The 1.137acre lot offers potential for future expansion or additional outdoor storage, enhancing the property's versatility. Durango Market Insights: Durango, the county seat of La Plata County, boasts a population of approximately 19,148 as of 2022, reflecting a 1.03% growth from the previous year. The city's strategic location and robust infrastructure have fostered a diverse and resilient economy. Economic Highlights: Median Household Income: Durango's median household income stands at $76,177, marking an 11.1% increase from the prior year, indicative of a prosperous local economy. Key Industries: The city's economy is bolstered by sectors such as health services, retail trade, accommodation and food services, and real estate. Notably, health services employ approximately 3,800 individuals, accounting for about 11% of total employment, with an average income of around $47,000 annually. Employment Growth: Durango has experienced a 2.76% increase in employment, with 11,007 individuals employed as of 2022, underscoring a dynamic and expanding job market. Investment Potential: The combination of Durango's economic vitality, strategic location, and the scarcity of comparable properties in the Bodo Light Industrial Park positions this warehouse as a compelling investment opportunity. Its substantial square footage and adaptable design make it suitable for a variety of industrial and commercial enterprises, aligning with the city's growth trajectory and diverse industry base.

Type:
Mixed Use
Sq.Ft.:
8,205
Status:
Active
Beds:
n/a
Lot size:
1.25 Acres
Year built:
1985
Baths:
4.00
MLS#:
819360
Subdivision:
Bodo Park

ADDITIONAL INFORMATION

This building is in pristine condition. Having been used for a Fraternal Organization for years, the building has had minimal use and wear and tear. There are two levels with each having a large open room, and then the balance having some private offices. The building does have ADA access with an Elevator to all levels and large restrooms. The parking is more than adequate and a buyer could add on to this building easily and still have adequate parking on site per code. Located at the west end of Bodo Park provides a nice location with open space to the west. Potential uses can be office, function or event spaces, possible conversion of some of the square footage to light manufacturing or storage.

Type:
Mixed Use
Sq.Ft.:
7,698
Status:
Active
Beds:
n/a
Lot size:
2.43 Acres
Year built:
2012
Baths:
2.00
MLS#:
819330

ADDITIONAL INFORMATION

This is a unique offering In that in one parcel, you have the benefit of a diverse array of real estate income producing assets. The Upper East Side Liquor store is a well established, prosperous tenant in a very well built and maintained building with ample paved parking and easy access. The Puppy Love operation (a 30 year, one owner business) is a boarding and grooming business that is also very successful and well respected. Then, the 5 mobile home spaces with virtually zero vacancy. The property is not a substantial management burden for the new owner and the current ownership has a list of service providers that assist with the property when needed. The intersection of US Highway 160 East and CR 234/Hwy 172 still sees a growing traffic count as well as substantial residential growth in the surrounding area which will contribute to the tenantâ??s success in this location.

Type:
Retail
Sq.Ft.:
2,441
Status:
Active
Beds:
n/a
Lot size:
0.06 Acres
Year built:
1902
Baths:
2.00
MLS#:
819128

ADDITIONAL INFORMATION

Welcome to 1053 Main Avenue Durango Colorado... Located in the historic district of beautiful downtown Durango is a rare opportunity for you to own commercial / retail space fronting Downtowns Main Avenue. With 2 store fronts and 4 additional office spaces, the possibilities are endless, including the potential to add a second story residence (buyer to confirm) Building is a separate parcel and NOT part of any HOA or covenant restrictions. The building consists of approximately 2400 sq' of highly desirable commercial and retail space that has not had a vacancy in years..! The 2 store fronts and four additional suites are all accessed at street level with front and rear entrances creating a layout that works well for both retail and office use. The interior has had many improvements and the exterior has a recently painted façade along with an incredible mural by local artist Jenn Rawling recently completed on the south wall. Here's your opportunity to get into the Downtown Durango Historic Main Avenue market. Keep it as is or bring your vision and renovate this historic building to expose the original tall ceilings and old stone walls hidden within. Competitively Priced @ $935,000 with a possible assumption of remaining note balance @ 5.25% and private financing to qualified approved buyer. Call today and become an integral part of this amazing community we call Durango.

Type:
Mixed Use
Sq.Ft.:
7,922
Status:
Active
Beds:
n/a
Year built:
1901
Baths:
4.00
MLS#:
819124

ADDITIONAL INFORMATION

Excellent investment opportunity to own a remodeled 1-story commercial building in Historic Downtown Durango consisting of approx. 7900sf plus outdoor patios in the rear ally side. The building was originally built in 1901 but has been extensively remodeled/modernized over the years into a high quality building. This location is home to a very popular Mexican Restaurant on one side and great professional office space on the other side with a warehouse/open work space directly behind and connected to the office portion. Both the restaurant space and the office spaces have their own separate Main Street entries. The very unique 1280sf work/warehouse space has high ceilings and offers many different possible uses for large storage, open work space for big projects, or be creative with your ideas. The office space consists of 6 private offices all on one level directly on Main Avenue, conference room, small break room, private mens and womens bathrooms and is partially furnished. The restaurant is a high quality beautifully built-out space and also has a private rear outdoor patio. The restaurant is NOT For Sale and that business is NOT part of this offering but the lease is included. This Listing is for the Building Only. Call Agent for details on leases. The 1895sf high nicely finished professional office space plus the 1280 back open work/warehouse space are currently available for lease @ $5000/mo, call for details. Don't miss out on this rare opportunity to own a piece of Downtown Durango in a thriving business block close to Buckley Park on Main Avenue.

Type:
Office
Sq.Ft.:
2,435
Status:
Active
Beds:
n/a
Year built:
2004
Baths:
1.00
MLS#:
819105
Subdivision:
RiverGate Lofts

ADDITIONAL INFORMATION

This prime, main level Rivergate corner office unit is now available, spanning two units combined to comprise 2,435 square feet. This beautiful east-facing office space features high ceilings and windows on two sides, allowing abundant natural light throughout, creating a professional and welcoming atmosphere. Suitable for a variety of professional uses, including medical, health (with close proximity to Animas Surgical Hospital), accounting, legal, counseling services, non-profits, and a myriad of other options, this unit is an excellent opportunity for real estate investors or owner-users. This property offers fabulous street frontage with great exposure, as well as interior features which include a waiting area with plentiful natural light, open reception with built-in cabinets, conference room, IT closet, kitchen/break room, 2 bathrooms (one with a shower), and 7 private offices, one of which could be easily demised to create an 8th office. The space also includes 4 designated parking spaces in the under-building garage, and a double-sized secure storage unit. With easy access to the Durango River Trail and minutes from downtown, this is an ideal location for any business.

Type:
Mixed Use
Sq.Ft.:
5,146
Status:
Active
Beds:
n/a
Lot size:
0.28 Acres
Year built:
1939
Baths:
4.00
MLS#:
818638
Subdivision:
Mountain View

ADDITIONAL INFORMATION

NEW PRICE! Great potential for this prime in-town location at the corner of E College Drive and E 7th Avenue. TWO PARCELS ARE BEING SOLD TOGETHER: 666 E College Drive and 595 E 7th Avenue. The real estate is being sold, not the businesses. There are currently three thriving businesses in the building at 666 E College Drive: restaurant, consignment store (mostly children's clothing, toys) and a custom tattoo studio. The restaurant is on the main level. The consignment store is two levels and on the east end of the building. The tattoo studio is upstairs, above the restaurant. The building at 595 E 7th Avenue is currently operated as a printing shop with warehouse space. This is a one level building. Unfinished storage shed (approx. 968 square feet) on back of this lot is also included. There is alley access to this parcel. Locals and visitors alike will tell you that this location is known for convenience and superb services. Excellent street visibility. Good walkability to residential area and school. Mixed use neighborhood zoning (MU-N) allows for retail, commercial, residential, office, restaurant/bar and lodging. Please do not bother tenants.

Type:
Other
Sq.Ft.:
7,005
Status:
Active
Beds:
n/a
Lot size:
1.25 Acres
Year built:
1973
Baths:
2.00
MLS#:
818541

ADDITIONAL INFORMATION

1025 Camino del Rio is the definition of a Prime Location! A prime location is a highly desirable commercial property location with excellent accessibility, visibility, and high traffic counts. It is typically situated in the heart of a popular shopping district or a bustling urban center. Check, check, check, check and check, plus river frontage! Located across the street from the very busy Town Plaza Durango this property forms the western edge of the downtown Durango commercial district. CDOT traffic counts for this section of Camino del Rio are 32,000 vehicles a day. ideal for many high-volume businesses, this 1.25-acre property has been the home to successful automotive dealerships for 50 years. The 7005SF Behlen steel building housed the sales office, the show room, conference rooms, detail shop and the repair shop. 25-30 cars can be accommodated dependent on the design of the parking lot. This prime location is ready for the next entrepreneur to write their Durango story.

Type:
Mixed Use
Sq.Ft.:
4,550
Status:
Active
Beds:
n/a
Lot size:
0.41 Acres
Year built:
1957
Baths:
2.00
MLS#:
818306
Subdivision:
None

ADDITIONAL INFORMATION

This is one of the most visible corners in Durango. The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail. There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below). Or a buyer may have another concept for utilizing this rare downtown Durango parcel. Redevelopment makes the most sense as it is currently underutilized with the existing building on the property. The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.

Type:
Retail
Sq.Ft.:
14,279
Status:
Active
Beds:
n/a
Lot size:
0.23 Acres
Year built:
1958
Baths:
7.00
MLS#:
818031

ADDITIONAL INFORMATION

One of the busiest intersections in Durango and home to several established businesses: balcony bar and live music; clothing boutique; fly fishing shop; toy store; barber shop; tattoo parlor; and smoke shop. Vacant space is perfect for a restaurant, bar, gallery or retail. Fabulous location in the heart of Durango and only one block to the historic Durango Narrow Gauge Railroad train depot.

Type:
Mixed Use
Sq.Ft.:
3,496
Status:
Active
Beds:
n/a
Lot size:
2.56 Acres
Year built:
1976
Baths:
5.00
MLS#:
817944

ADDITIONAL INFORMATION

AGENT ACCOMPANY!! Old Haggards Black Dog Tavern! Property has a commercial well and septic system that are in unknown condition. Both were in working order before the fire 20 years ago. The structure has fire damage but may be salvageable. The property also has experience squatters and vandalism. Being sold AS-IS with all debris and priced accordingly. All due diligence is the responsibility of the buyers. Well permit is listed as 5 motel rooms, a tavern, grocery and laundry as is the well permit. About 60' of river frontage! Please DO NOT visit or walk the property. For safety reasons Broker must be there. Showings start the afternoon of Monday 9/16 by appointment.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
6.08 Acres
Baths:
MLS#:
817575

ADDITIONAL INFORMATION

**Prime Investment Opportunity: Thriving Mobile Home Park with Outstanding Development Potential** Discover a remarkable investment opportunity with this successful mobile home park that also offers extraordinary development prospects. Located in a prime area with breathtaking views, this property is just minutes from downtown, situated along a major thoroughfare, and directly across from the Three Springs community and hospital campus. This location guarantees a consistent flow of potential tenants and easy access to essential services. This is a unique chance to capitalize on the rapid growth in the Grandview area. You can choose to maintain this profitable mobile home park or explore the vast development opportunities it presents. The possibilities for a significant development project in this rapidly growing area are unparalleled. Opportunities like this are extremely rare. Act quickly to secure your place in this high-demand marketâ??donâ??t let this exceptional opportunity pass you by. Call today!

Type:
Mixed Use
Sq.Ft.:
8,111
Status:
Active
Beds:
n/a
Lot size:
4.2 Acres
Year built:
2019
Baths:
9.00
MLS#:
817484
Subdivision:
None

ADDITIONAL INFORMATION

This 4.2-acre mountain contemporary estate in Durango, Colorado, offers an exceptional opportunity for investors focused on maximizing rental income, including short term rental potential. With two remodeled duplexes generating $79,560 annually and a luxurious 5,299 sq. ft. main home designed for high-end rentals, this property delivers immediate and significant income potential. The main home, built in 2019, is fully furnished and features self-contained floors ideal for multi-family stays, premium vacation rental listings, or large group rentals. With mountain views, a creekside custom patio with a fire pit, and ample outdoor event space and parking, this property is positioned to attract vacationers. Located just 10 minutes from downtown Durango and adjacent to national forest and BLM land, the property is a destination for outdoor enthusiasts. In addition to the strong rental income, the property includes a pond, she-shed, and a large detached garage with a workshop. With its established income stream, versatile facilities, and prime location, this property is a rare turnkey investment in Durangoâ??s thriving tourism market. Whether you are considering a 2nd home with income potential, or an investment purchase with strong cash on cash return, you will want to seize this opportunity to own. Short term rental projections for the main home are estimated at $150K- $200K/year, with potential to double rental income for the duplexes if an owner wanted to rent the duplexes units nightly as well. Liveâ?¦Playâ?¦Investâ?¦

Type:
Mixed Use
Sq.Ft.:
3,612
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Baths:
2.00
MLS#:
816667

ADDITIONAL INFORMATION

This beautiful, two story, brick Victorian style building is located on an exceptional site next to the Animas River. It is adjacent to the popular Rotary Park and favorite River Trail. It's surrounded by lovely landscaping and sits north of the Animas Brewing Co. The building features two units with convenient private parking and is easily accessible from Main street and 3rd ave. This great location is very unique and truly one of a kind.

Type:
Retail
Sq.Ft.:
20,264
Status:
Active
Beds:
n/a
Lot size:
0.52 Acres
Year built:
1940
Baths:
4.00
MLS#:
815881
Subdivision:
Fassbinder

ADDITIONAL INFORMATION

High visibility commercial building on the corner of Main Avenue and 15th Street in Durango. This 20,264 square foot building sits on a 0.344 acre lot with an additional 0.179 acre lot for extra parking or redevelopment. This two story building was completely updated in 2019 to include new: fire suppression system, HVAC, plumbing, electrical, roof, flooring, elevator, bathrooms, and exterior stucco (the building is basically brand new). Inside, there is ceramic tile at the entry and in the bathrooms, the remainder of the building is carpet tile. There are two private storage rooms, one office, a mechanical room, utility room, two bathrooms upstairs, and two bathrooms downstairs. There are 30+ existing parking spots for employees and patrons. Located in the heart of Durango at the intersection of Main Avenue and 15th street, one of the busiest in town. This location has incredible visibility. Don't miss this opportunity to own a building with tons of potential for owner use, rental, or redevelopment.

Type:
Retail
Sq.Ft.:
6,220
Status:
Active
Beds:
n/a
Lot size:
0.4 Acres
Year built:
1994
Baths:
2.00
MLS#:
815476

ADDITIONAL INFORMATION

Rarely does a building come to the market with this much exposure to an Interstate Highway with approximately 140 foot of highway frontage. The original building is steel span and the current owners added an additional 16' foot ceiling warehouse with overhead door which currently houses the Dry Cleaning operation (City Cleaners). The business as well as the building is included in the price, and is the only full service on-site dry cleaning operation in LaPlata County. The main level of 4500 SF houses the dry cleaning operations consisting of the cleaning and pressing equipment the customer drop off area, full kitchen, office, and 2 half baths. The equipment is exceptionally well maintained and top of the line brands and is fully automated and computerized. The upper level of 1735 sf is currently used as office area and has a full bath, and the ability for a separate entrance.. (this could present an opportunity for additional rental income as offices, or potentially living area for the new owner.) The parking lot is fully paved with 18 parking spaces and there is a covered drive through drop off area for customer's convenience. A full list of equipment will be provided with due diligence documents. There is 3 phase power at the building. Seller has a Phase II Environmental certificate.

Type:
Office
Sq.Ft.:
485
Status:
Active
Beds:
n/a
Year built:
2005
Baths:
1.00
MLS#:
815335
Subdivision:
Uptown Durango

ADDITIONAL INFORMATION

-----PRIME INVESTMENT OPPORTUNITY IN UPTOWN DURANGO----- LOCATION, LOCATION, LOCATION! Positioned along Durango's bustling North Main corridor, this 485 SqFt ground-floor commercial condo offers an unbeatable investment opportunity. Whether you're a tactical investor or a business owner seeking a strategic base, this property has it all. ---KEY FEATURES--- *HIGHLY VISIBLE, PRIME LOCATION: Capture foot and vehicle traffic in a vibrant mixed-use neighborhood. *PROFESSIONAL LAYOUT: Welcoming reception area, two private office spaces, kitchenette, and a spacious half-bath. *CRAFTSMAN-STYLE FINISHES: Impress clients with slate-tiled foyer and hallway, solid wood doors, and hardwood floors. *CONVENIENT AMENITIES: Central air conditioning, off-street parking, abundant natural light, 1/2 bath, and a kitchenette. ---INVESTMENT HIGHLIGHTS-_- *AVAILABLE FOR IMMEDIATE OCCUPANCY. *FLEXIBLE USE: Ideal for health and wellness practitioners, insurance professionals, attorneys, financial advisors, tech specialists, tutors, and trainers. *PROXIMITY TO KEY LOCATIONS: Near schools, commercial buildings, restaurants, a supermarket, and the Durango Recreation Center. ---FINANCIAL DETAILS--- *LOW QUARTERLY ASSOCIATION FEES: Covers water, sewer, trash, recycling, exterior maintenance, snow removal, and landscaping. ---COMMUNITY BENEFITS--- *HIGH FOOT TRAFFIC: Located near popular spots such as trendy restaurants, food trucks, coffee shops, and the Animas River Trail. *HIGH TRAFFIC COUNT *NEW INFRASTRUCTURE: The new Main Avenue Crosswalk enhances accessibility and visibility. *MIXED-USE DEVELOPMENT: Enjoy the synergy of being part of a development with both commercial and residential units. This commercial condo is move-in ready and perfectly positioned to help you attract new clients and grow your business. Donâ??t miss out on this prime opportunity in Uptown Durango. Contact the broker today to discuss potential uses and explore community business development resources.

Type:
Office
Sq.Ft.:
1,148
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
1.00
MLS#:
814881

ADDITIONAL INFORMATION

72 Suttle Street Condo "B" is a 1,148 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a professional long term lease to Dominic All-Heart Couseling. Currently for leased for $1,256.00 per month Triple Net until December 31, 2024 with a option to renew. Office has receptions plus both treatment and physycian rooms, with 1/2 bath. The 2023 $15,072.00 per year "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.

Type:
Office
Sq.Ft.:
740
Status:
Active
Beds:
n/a
Year built:
2006
Baths:
MLS#:
814867
Subdivision:
Crossroads Durango

ADDITIONAL INFORMATION

Enjoy the downtown lifestyle in your work environment at the Crossroads Durango building! This suite of three private offices plus reception area is located on the second floor of this beautiful Class A multi-use building and is easily accessible via the elevator or stairs. Professional quality office furniture in place is included. Crossroads Durango is known as a total office solution with amenities such as shared conference rooms, copy and fax support rooms, kitchen space, and restrooms with showers just down the hall, as well as a rooftop deck, main lobby and coffee kiosk. Crossroads Durango is centrally located in the heart of the Business Improvement District. Unit 213 also includes 1 assigned parking space, and additional spaces may be available for lease through the property manager. Enjoy all Durango has to offer as you network with a variety of businesses in the building.

Type:
Office
Sq.Ft.:
3,332
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
2.00
MLS#:
814262

ADDITIONAL INFORMATION

72 Suttle Street Condo "A" (aka #1) is a 3332 sq ft professional office on the 2nd level (with two sets of stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a long term lease for $2,500.00 per month Triple Net until December 31, 2024 with a option to renew. There are 8 private, around a open area, with two 1/2 bathrooms and storage closets. The "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.

Type:
Office
Sq.Ft.:
951
Status:
Active
Beds:
n/a
Year built:
2000
Baths:
2.00
MLS#:
814255

ADDITIONAL INFORMATION

72 Suttle Street Condos is a 951 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a professional medical office long term lease to Colorado Testing Services. Currently for leased for $1,091.00 per month Triple Net until December 31, 2025 with a option to renew. Office is a leased for a drug testing facility with 1/2 bath and very nice finish. The 2023 $12,720 per year "Triple Net" income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.

Type:
Mixed Use
Sq.Ft.:
14,577
Status:
Active
Beds:
n/a
Lot size:
0.17 Acres
Year built:
1901
Baths:
5.00
MLS#:
814214

ADDITIONAL INFORMATION

Historic 3-level multi-tenant commercial building in the heart of downtown Durango. This iconic 14,577 square foot building is located in the 600 block and enjoys high visibility and exposure to a constant flow of tourist and local traffic. The location ensures that businesses housed within the building have a greater opportunity to attract customers. Known as the Turn of the Century Building, 640 Main Avenue has a mall design concept with unique features, including structural trusses from a well-known local architect. With three levels and multiple retail entries, the building offers a wide range of possibilities for businesses. The multi-use concept, which the City of Durango said is approved, allows for a diverse mix of businesses to thrive under one roof. A Main Avenue entry accesses multiple offices or suites upstairs with windows overlooking the street. Two additional retail entries access individual storefronts. The â??mallâ?? entry gives access to additional main level retail, upstairs retail/office and a lower level that formerly housed a restaurant. There are two access off of the alley behind the building, one for the mail level and the other for the lower level.

Type:
Mixed Use
Sq.Ft.:
4,840
Status:
Active
Beds:
n/a
Lot size:
0.12 Acres
Year built:
1948
Baths:
7.00
MLS#:
814176
Subdivision:
City Of Durango

ADDITIONAL INFORMATION

The Sunburst building, with an adjacent developable lot, is steps away from the vibrant crossroads of College Drive/ Main Ave. and one short block to the historic Durango-Silverton train depot. The train attracts 225,000 yearly passengers and contributes $525,000,000+ to our local economy. This dynamic building and adjacent lot with coveted alley access is prime for redevelopment or long term investment. The building has been very well maintained by the owners and tenants, and enjoys a long history of stable occupancy with three renovated leased spaces, two at street level and one upstairs (the businesses are not for sale). There are options to reconfigure the space for more units or merge for larger spaces. The attractive exterior presents unparalleled street and passerby visibility with large showcase windows and lighted space for signage.

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


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Durango Real Estate

The median home value in Durango, CO is $782,750. This is higher than the county median home value of $601,400. The national median home value is $338,100. The average price of homes sold in Durango, CO is $782,750. Approximately 48.96% of Durango homes are owned, compared to 36.7% rented, while 14.33% are vacant. Durango real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Durango real estate agent to arrange a tour today!

Durango, Colorado has a population of 18,953. Durango is less family-centric than the surrounding county with 26.66% of the households containing married families with children. The county average for households married with children is 29.94%.

The median household income in Durango, Colorado is $68,550. The median household income for the surrounding county is $75,089 compared to the national median of $69,021. The median age of people living in Durango is 36.5 years.

Durango Weather

The average high temperature in July is 86.2 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 18.3 inches per year, with 67.4 inches of snow per year.

Durango Real Estate Market Conditions

  • Median sales price

    $782,750
    19.8% change since last quarter
  • # Active listings

    789
    30-day change

Durango Schools and Demographics

Education near Durango, CO

Metric City County
High School Graduates 97.22 96.6
College Degree - 2 year 8.22 7.62
College Degree - 4 year 58.06 46.97
Graduate Degree 13.7 11.1
Expenditures per Student 12,980 12,980
Students per Teacher 14.6 14.6

Elementary Schools near Durango, CO

School Grades Students P/T Ratio ZIP
Animas Valley Elementary School PK - 05 288 15.7 81301
Bayfield Elementary School PK - 05 656 14.8 81122
Florida Mesa Elementary School PK - 05 349 14 81303
Fort Lewis Mesa Elementary School PK - 05 148 15.5 81326
Ignacio Elementary School KG - 05 371 13.2 81137
Mancos Early Learning Center PK - PK 30 11.9 81328
Mancos Elementary School KG - 05 206 12.2 81328
Needham Elementary School PK - 05 438 14.8 81301
Park Elementary School PK - 05 475 14.6 81301
Riverview Elementary School PK - 05 466 14.9 81301
Sunnyside Elementary School PK - 05 165 14.5 81303

Middle Schools near Durango, CO

School Grades Students P/T Ratio ZIP
Bayfield Middle School 06 - 08 303 14.4 81122
Escalante Middle School 06 - 08 504 17.1 81303
Ignacio Middle School 06 - 08 191 12.5 81137
Mancos Middle School 06 - 08 106 13.6 81328
Miller Middle School 06 - 08 429 16.5 81301
Mountain Middle School 06 - 08 176 21 81301

High Schools near Durango, CO

School Grades Students P/T Ratio ZIP
Animas High School 09 - 12 312 13.7 81320
Bayfield High School 09 - 12 366 15.6 81122
Durango High School 09 - 12 1,038 17.6 81301
Ignacio High School 09 - 12 229 10 81137
Mancos High School 09 - 12 113 14.4 81328

Ungraded Schools near Durango, CO

School Grades Students P/T Ratio ZIP
* Durango Big Picture High School 09 - 12 82 13.7 81301
District 9-R Shared School KG - 12 182 182 81301
Robert Denier Youth Services Center 05 - 12 15 5 81303
Southwest Colorado E-School 06 - 12 46 17.6 81301

Demographics near Durango, CO

Metric City County
Neighborhood Type Suburban
Population 18,953 55,673
Population Density 1,358 33
Median Age 36.5 41.3
People per Household 2.2 2.4
Median Household Income 68,550 75,089
Average Income per Capita 41,294 40,529