FOR SALE
$750,000
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117 E 32nd St
Durango, CO 81301

Mixed Use, Business Opportunities
Commercial
2
Baths
+
1 Half
2,416
Sq. Ft.
0.13
Acre Lot
Courtesy: Harmony Real Estate, LLC

Description for 117 E 32nd St Durango, CO 81301

Agent Websites> Colorado> Durango> 81301
Incredible investment opportunity located in the City of Durango's North Main Gateway Renewal Area. This commercial/residential property currently consists of 1 commercial storefront and 2 residential units with gross monthly rents equal to $4,350 as of April 1, 2024. Various opportunities exist for the next owner of this strategically located mixed use property, from maintaining rental units, moving in to one of the residential units, to redeveloping the lot entirely. This is a highly visible commercial/retail location that would also be fantastic for infill housing with potential incentives available by the City of Durango's urban renewal initiative. Downstairs studio unit and upstairs one bedroom unit with roof-top deck are both rented on a month-to-month basis to provide the new owner maximum flexibility. THIS LISTING IS FOR THE BUILDING ONLY. THE BUSINESS IS NOT FOR SALE.

Property Details

811997
Mixed Use, Business Opportunities, Other
La Plata
2 Full/1 Half
1898
0.13 Acres
Public
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Courtesy: Harmony Real Estate, LLC
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This content last refreshed on 5/15/2024 11:30 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.