$550,000
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72 SUTTLE "A" #1 (AKA "A" ) Street Durango, CO 81303
Office
Residence
Beds
2
Baths
3,332
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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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 mon...th 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.
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MLS#
814262
Property Type
Office
Bathrooms
2 Half
Year Built
2000
Square Feet
3,332
sq. ft
Price per Sq. Ft.
$165.07
Stories
2.0
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