Incredible opportunity to own a part of downtown Durango! This Main Avenue one-level building is an ideal location for numerous businesses or a 1031 exchange investment. The central entry door bifurcates two storefront spaces to allow flexibility of separate uses, or renovate the building to open up the entire interior space. The drop ceiling could be removed in renovation to restore the space to original higher ceilings, and one could explore the option of adding a second floor residential condo or apartment. The space currently includes several office suites, storage room, kitchenette, and two multi-stall restrooms. Current leases could transfer to a new owner or the building could be delivered vacant with advance notice to tenants. Do not disturb tenants!! Listing broker must be present for showings. The price included two (2) parking spaces. Up to two (2) additional parking spaces potentially available with an acceptable offer at an additional $20K each.
MLS# | 777980 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Pending - Show |
Days On Site | 47 |
SQ Feet | 2,400 |
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Story(s) | 1 |
Units | 1 |
Zoning | Commercial |
Area Information | |
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State | CO |
County | La Plata |
City | Durango |
Zip Code | 81301 |
Area | Durango In Town |
Listing VS Median (in 81301) | |
Price: $625,000 low | high Med: $374,900 SqFt: 2,400 low | high Med: 925 $ / SqFt: $260 low | high Med: $405 On Site: 47 low | high Med: 655 Sourced by Back At You |