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 $1,060.00 per month Triple Net until December 31, 2025 with a option to renew. Office is a drug testing facility with 1/2 bath and very nice finish. The 2023 $12,720 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. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.
MLS# | 814255 |
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Listing Type | For Sale |
Style | Office Building |
Building Name | Colorado Testing Services |
Sub-Type | Resale |
Status | Active |
Year | 2000 |
Days On Site | 131 |
Listing Provided By | Keller Williams Realty Southwest Associates, LLC | Scott Kurlander |
Bath(s) | 2 Total |
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SQ Feet | 951 |
Story(s) | 1 |
Units | 1 |
Zoning | Commercial |
State | CO |
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County | La Plata |
City | Durango |
Zip Code | 81303 |
Area | Durango In Town |
Listing VS Median (in 81303) | |
Price: $290,000 low | high Med: $899,950 SqFt: 951 low | high Med: 3,459 $ / SqFt: $305 low | high Med: $269 On Site: 131 low | high Med: 64.000000 |