72 Suttle "a" Street , Durango, CO 81303
Durango, CO 81303
Description
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.
Details
| MLS# | 814262 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Building Name | D.O. Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 2000 |
| Days On Site | 132 |
| Listing Provided By | Keller Williams Realty Southwest Associates, LLC | Scott Kurlander |
Features
| Bath(s) | 2 Total |
|---|---|
| SQ Feet | 3,332 |
| Story(s) | 2 |
| Units | 1 |
| Zoning | Commercial |
Market Activity 81303
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Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81303 |
| Area | Durango In Town |
| Listing VS Median (in 81303) | |
Price: $550,000 low | high Med: $899,950 SqFt: 3,332 low | high Med: 3,459 $ / SqFt: $165 low | high Med: $269 On Site: 132 low | high Med: 65.000000 | |