Durango CO Real Estate & Commercial for Sale

63 Properties Found


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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
809363
Type:
Land, Business Opportunities
Subdivision:
Other
Lot size:
1.37 Acres
A broker reciprocity listing Courtesy: Legacy Properties West Sotheby's Int. Realty
View additional info

Explore an extraordinary MIXED-USE land opportunity nestled between Durango and Bayfield, just south of the sought-after Highway 160 stretch, east of Elmore's Corner, five minutes to Mercy Hospital, and the new Highway 160/550 interchange. This subdivision encompasses seven individual parcels, with plots varying from 1 to 2.25 acres, all carrying mixed-use approval. Currently, plots 3 and 4, boasting Mixed Use - Commercial and Residential zoning, are up for the taking. This property represents a unique blend of strategic location and adaptability. Its proximity to rapidly expanding facilities makes it a cornerstone for future development in the thriving local community. Being a mixed-use property, it introduces broad flexibility offering brilliant opportunities for commercial and residential developments, or an ideal combination of the two. The site comes with the availability of essential services; water is accessed via the La Plata Archuleta Water District (inclusive of the water tap fee of $6,550) and electricity provided by LPEA, confirms its readiness for immediate development. This incredible piece of real estate invites visionaries to plan and actualize their ambitious projects in a prime location.

Beds:
n/a
Baths:
3.00
Sq.Ft.:
10,148
Status:
Active
MLS#:
808669
Type:
Business Opportunities
Subdivision:
City of Durango
Lot size:
0.23 Acres
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

Tenants include LONE SPUR CAF; ROXY`S; and MOOSE ON THE LOOSE. This location is considered the 100% block, just two buildings north of College Drive on Main and anchored by the famous Strater Hotel on the north end of the same block. The two restaurants, one a breakfast and lunch operation and one a dinner and late evening operation compliment each other. The Moose on the Loose has been in this location since the building was divided into three spaces.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
808429
Type:
Land, Business Opportunities
Subdivision:
Escalante Crossing
Lot size:
0.37 Acres
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

Ideal commercial or mixed use parcel, located in a growing traffic pattern intersection. Located on Escalante Drive and River Road southwest of Home Depot. With the traffic counts on Escalante Road increasing substantially, two newer hotels, Rocket Pointe apartments, Duncan Donuts and Freddies all driving traffic to this location , this lot is likely the best commercial parcel available at this attractive price! All utilities are in place or are very near to this parcel and visibility is excellent. Perfect price for a single user or a user that wants residential above office or commercial. This site offers fiber optic internet, river views, and bike trail access.

Beds:
n/a
Baths:
Sq.Ft.:
6,560
Status:
Active
MLS#:
808157
Type:
Mixed Use, Business Opportunities
Lot size:
3.6 Acres
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

High-profile Development Opportunity! This generously sized parcel offers excellent highway visibility and easy access for a multitude of opportunities for future redevelopment.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
4,550
Status:
Active
MLS#:
807969
Type:
Mixed Use, Business Opportunities
Subdivision:
None
Lot size:
0.41 Acres
Year built:
1957
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

This is one of the most visible corners in Durango. The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail. There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below). Or a buyer may have another concept for utilizing this rare downtown Durango parcel. Redevelopment makes the most sense as it is currently underutilized with the existing building on the property. The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
3,751
Status:
Active
MLS#:
807933
Type:
Business Opportunities
Lot size:
0.01 Acres
Year built:
2008
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

This well established, turn key restaurant located in Historic downtown Durango is equipped and furnished with high quality commercial kitchen equipment and dining tables, chairs and supplies. The patio space in the rear provides for excellent additional seating and al fresco dining. The Seller will assist with a transition with new ownership to insure a smooth and seamless takeover. Excellent sales and market share. About Seasons Rotisserie and Grill. The restaurant offers a classic bistro setting, the charm of a western ski town and friendly and knowledgeable staff. Seasons is the original fine casual dining destination in Historic downtown Durango with an emphasis on fresh local in-season ingredients. Seasons works closely with local producers to create a delicious and inspired dining experience for you. It features traditional American fare with new farm and world inspired ingredients and flavors. They offer seasonal menus and award winning wine. The heart of Seasons Rotisserie and Grill is an open style exhibition kitchen. They use perfectly seasoned, locally cut, solid oak as the heat source for their famous grill and rotisserie, and craft each item on their menu with their customers in mind. They utilize as many local products as possible and their customers love supporting their local farms, economy, and a sustainable food system. They have some legacy items that they feature year-round while offering a menu that changes with each season and additional daily specials, variations, and features. Seasonal, local, fine dining and variety is their passion! With an internationally recognized, award winning wine list their customers are sure to find something to perfectly complement their unique farm to table dining experience. Learn more about Seasons by visiting their website. This listing is for the business opportunity only. Another option/listing is being offered which includes the exceptionally well located real estate and the business opportunity.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
3,751
Status:
Active
MLS#:
807932
Type:
Business Opportunities
Lot size:
0.01 Acres
Year built:
2008
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

This well established, turn key restaurant located in Historic downtown Durango is equipped and furnished with high quality commercial kitchen equipment and dining tables, chairs and supplies. The patio space in the rear provides for excellent additional seating and al fresco dining. The Seller will assist with a transition with new ownership to insure a smooth and seamless takeover. Excellent sales and market share. About Seasons Rotisserie and Grill. The restaurant offers a classic bistro setting, the charm of a western ski town and friendly and knowledgeable staff. Seasons is the original fine casual dining destination in Historic downtown Durango with an emphasis on fresh local in-season ingredients. Seasons works closely with local producers to create a delicious and inspired dining experience for you. It features traditional American fare with new farm and world inspired ingredients and flavors. They offer seasonal menus and award winning wine. The heart of Seasons Rotisserie and Grill is an open style exhibition kitchen. They use perfectly seasoned, locally cut, solid oak as the heat source for their famous grill and rotisserie, and craft each item on their menu with their customers in mind. They utilize as many local products as possible and their customers love supporting their local farms, economy, and a sustainable food system. They have some legacy items that they feature year-round while offering a menu that changes with each season and additional daily specials, variations, and features. Seasonal, local, fine dining and variety is their passion! With an internationally recognized, award winning wine list their customers are sure to find something to perfectly complement their unique farm to table dining experience. Learn more about Seasons by visiting their website. This price includes this exceptionally well located real estate and the business opportunity. The business alone is being offered separately as well.

Beds:
n/a
Baths:
9.00
Sq.Ft.:
6,252
Status:
Active
MLS#:
807690
Type:
Business Opportunities
Subdivision:
Animas Springs
Lot size:
3.75 Acres
Year built:
1978
A broker reciprocity listing Courtesy: Blackmore Group
View additional info

If we had to use one word to describe this property it would be "harmonious" and we are not the only ones who agree- look up "CountrySunshine Bed & Breakfast" on Google reviews! Newly remodeled owners quarters. Nestled under the red cliffs in the Animas Valley thisproperty is a private oasis with towering pines and oak, lush grass, and mature landscaping with a tranquil creek, and spectacular views. A birdand nature lover's paradise, this two-level ranch style country home, with six guest rooms, offers splendid views of the San Juan Mountains withits ever-changing beauty and wildlife. A spacious redwood deck offers front row seats to a multitude of bird species - from summertimehummingbirds to year-round residents such as several varieties of woodpeckers, grosbeaks, jays, nuthatches and finches. If the new ownerwould like to continue the current rental option there is a large owners/manager quarters or could be used as the master suite on it's own wingthat provides plenty of privacy. There is also a nice hot tub that will stay with the property. Plenty of parking, perfect location between PurgatorySki Resort, Golfing at either Dalton Ranch or Glacier Club, or enjoying the adventures of downtown Durango this is truly a home to see inperson or schedule a facetime video walk-thru today.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
3,300
Status:
Active
MLS#:
807247
Type:
Mixed Use, Business Opportunities
Subdivision:
Pinon Acres
Lot size:
2.25 Acres
Year built:
2009
A broker reciprocity listing Courtesy: eXp Realty, LLC, C: 970-710-1230
View additional info

Attention Business owners and investors here is a property with great visibility and access with plenty of parking to service your clients. It does have a tentant with a triple net lease for 5 years to medical professionals. It makes this property a 6.5 cap rate. Contact us today for numbers and a tour. Exploring the Benefits of Owning a Business Building in Durango, Colorado Durango, Colorado, known for its picturesque landscapes and welcoming community, has become an attractive destination for individuals looking to establish their businesses. Boasting a strong economy and a vibrant entrepreneurial spirit, this charming southwestern town offers numerous benefits for those considering investing in a business building. In this blog post, we will explore the advantages of owning a business building in Durango and why it is a great place to establish your venture. 1. Strong and Diverse Local Economy: Durango's local economy is thriving, serving as a hotbed for both small and large businesses. The city offers a diverse range of industries such as tourism, outdoor recreation, healthcare, education, and professional services. This economic diversity provides business owners with opportunities to cater to a broad customer base and ensures a steady flow of potential customers or clients. 2. Affordable Real Estate: Compared to other cities in Colorado, Durango offers relatively affordable real estate options for business owners. While prices may vary depending on location, businesses seeking a commercial space can find reasonably priced buildings and storefronts, reducing the financial strain and allowing for more investment towards business growth and development. 3. Proximity to Outdoor Recreation: Durango's close proximity to various outdoor recreational opportunities, from hiking and mountain biking to skiing and river rafting, makes it an attractive location for both residents and tourists. This vibrant outdoor lifestyle further enhances the appeal of businesses operating in the area, as owners can target adventure enthusiasts or offer products and services that cater to outdoor enthusiasts. 4. Strong Community Support: Durango is renowned for its strong sense of community and support for local businesses. The residents of Durango prioritize shopping locally, supporting independent businesses, and enjoying locally-made products. Owning a business building in Durango allows you to benefit from this community support, fostering a sense of belonging and appreciation among your customers. 5. Thriving Tourism Industry: Durango's strategic location near stunning natural landmarks such as the San Juan Mountains and Mesa Verde National Park, coupled with its historical charm, make it a popular tourist destination. The steady influx of tourists year-round can provide businesses with an additional customer base, increasing revenue potential. 6. Access to Skilled Workforce: Durango is home to Fort Lewis College, a reputable institution focusing on education and business programs. This college helps to cultivate a skilled workforce, providing businesses with a continuous stream of talented graduates ready to enter the job market. Additionally, Durango's quality of life attracts professionals from various industries, offering a diverse talent pool for local businesses. Conclusion: Owning a business building in Durango, Colorado, offers numerous advantages, including a strong and diverse local economy, affordable real estate options, proximity to outdoor recreation, a supportive community, a thriving tourism industry, and access to a skilled workforce. From picturesque landscapes to a vibrant entrepreneurial spirit, Durango provides an excellent environment for businesses to grow and flourish. So, whether you are a budding entrepreneur or an established business owner, Durango presents an exciting opportunity to establish roots and embark on a successful entrepreneurial journey.

Beds:
n/a
Baths:
0.50
Sq.Ft.:
1,300
Status:
Active
MLS#:
806419
Type:
Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC, C: 970-749-3977
View additional info

The Durango Olive Oil Company is a specialty cuisine retail store in the heart of downtown Durango. Olive oil is just one of the many fine products offered by this successful small business. This business maintains a well-kept and appointed storefront on Main Ave as well as a productive e-commerce site. The DOOC survived the pandemic by making a hard shift into internet sales and expanding their wholesale business. Now that foot traffic has been steadily increasing to pre-pandemic levels this business is primed for exponential growth. Schedule your showing today.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
806091
Type:
Land, Business Opportunities
Subdivision:
Twin Buttes
Lot size:
0.92 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC
View additional info

1294 Twin Buttes Ave. is a Mixed Use/Multi Family development opportunity in Twin Buttes. Twin Buttes is fast becoming one of the most desirable communities in Durango. Twin Buttes is located off HWY 160 on the westside of Durango, and is permitted for 655 doors, has a mix of single family, multi family, and light commercial development opportunities. 1294 Twin Buttes Ave., can accommodate ground level commercial with residential condo units above. This property offers diversity in a prospective site plan, meeting both the Twin Buttes community needs for housing and walkable amenities such as a restaurant, coffee shop, gym, physical therapist, boutique market, and more. The site is relatively flat and ready for development. 1294 Twin Buttes Ave. highest and best use may be a town home or condo development, meeting the strong demand for multi family units. Diversify your development portfolio with this mixed use opportunity in the highly sought after Twin Buttes development. Call agent for further information, to brainstorm ideas, and to received more community information with regard to this opportunity.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
806085
Type:
Land, Business Opportunities
Subdivision:
Twin Buttes
Lot size:
2.83 Acres
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC
View additional info

Offered for the first time, 405 Tipple Ave. in Twin Buttes, is a mixed use development opportunity. Twin Buttes is fast becoming one of the most desirable communities in Durango. Twin Buttes is located off HWY 160 on the westside of Durango, and is permitted for 655 doors, has a mix of single family, multi family, and light commercial development opportunities. 405 Tipple Ave. can accommodate ground level commercial on Tipple Ave., with the remaining balance of the property being developed into multi family residential units. This property offers diversity in a prospective site plan, meeting both the Twin Buttes community needs for housing and walkable amenities such as a restaurant, coffee shop, gym, physical therapist, boutique market, and more. The site is relatively flat and ready for development. Capture views of the buttes from the north, and on the west side, clear the undergrowth to open up beautiful views of Lightner Creek and the valley below. Diversify your development portfolio with this mixed use opportunity in the highly sought after Twin Buttes development. Call agent for further information, to brainstorm ideas, and to received more community information with regard to this opportunity.

Beds:
n/a
Baths:
1.50
Sq.Ft.:
2,069
Status:
Active
MLS#:
805798
Type:
Business Opportunities
Subdivision:
North Durango
Lot size:
0.13 Acres
Year built:
1957
A broker reciprocity listing Courtesy: United Country Blue Sky Homes and Land
View additional info

Location, Location, Location! In the heart of downtown Durango, just one block off Mainstreet, lies a remarkable property that boasts an exceptional location. Situated across Second Ave is Giles Park, a stunning and meticulously maintained park, making it the perfect spot for nature lovers and those seeking tranquility in the midst of urban living. With such close proximity to the park, parking is never a problem for patients and visitors alike, ensuring convenience and ease of access. The price of this remarkable property has been significantly reduced, making it an enticing opportunity for potential buyers. With a price tag of $995,000, this real estate gem offers great value for its prime location and potential. Whether you are looking to renovate the existing structure or expand upon it, the possibilities are endless. One of the standout features of this property is its state-of-the-art wheelchair ramp, designed to provide easy access for individuals with mobility needs. This inclusion demonstrates the property's commitment to inclusivity and accessibility, making it an appealing choice for those seeking a space that caters to diverse needs. Furthermore, this property is located on a bustling corner that previously housed a dental office for many years. This means that it has already enjoyed significant foot traffic and visibility, making it an ideal location for various business ventures. The potential for creating a successful and thriving enterprise is immense. Now is the time to bring your ideas to life and seize this incredible opportunity. With its prime location, accessibility features, and rich history, this property has the potential to become the cornerstone of a thriving business or a dream residence in the heart of downtown Durango. In conclusion, this real estate offering is distinguished by its exceptional location. Situated just one block off Mainstreet and overlooking the beautiful Giles Park, convenience and natural beauty are at your doorstep. With a reduced price of $995,000, this property presents an enticing opportunity for renovation or expansion. The state-of-the-art wheelchair ramp ensures easy access for all, and the property's previous use as a dental office highlights its potential for successful business ventures. Don't miss out on this chance to turn your dreams into reality. Act now and bring your ideas to this extraordinary location in downtown Durango.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
805756
Type:
Land, Business Opportunities
Subdivision:
Other
Lot size:
1.76 Acres
A broker reciprocity listing Courtesy: Caver & Associates, Inc.
View additional info

Commercial land pre approved uses. Ready to build. On the Hwy 160/550 round about.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
805482
Type:
Land, Business Opportunities
Subdivision:
Other
Lot size:
2.17 Acres
A broker reciprocity listing Courtesy: Caver & Associates, Inc.
View additional info

High visibility retail zoned land. Pre approved commercial uses. Fully improved with all utilities and access installed.

Beds:
n/a
Baths:
0.75
Sq.Ft.:
1,215
Status:
Active
MLS#:
805259
Type:
Office, Business Opportunities
Subdivision:
RiverGate Lofts
Year built:
2004
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC, C: 970-749-0099
View additional info

This main level RETAIL OFFICE BUSINESS CONDO in the Rivergate Complex is available for an owner occupant, or investment property. Previsously used as a medical lab with sinks and cabinetry, it is a large open room with 3/4 handicap ADA bath (includes a shower), and break room, that works well for medical office, retail, classroom training center, yoga studio, fitness center, etc. 1,215 FINISHED gross sq. ft.. Built in 2004. Available for rent asking $1,973.48 per month NNN. Lease is "Triple Net", plus electric utilities, plus tenant pays $417.88 per month C.A.M. fees (which includes the water, sewer, trash, common area maintenance, hot water, heating & cooling), plus 1/12th of the taxes ($346.43 per month). "Class A" Commercial facility with easy access & parking, plus 2 garage spaces. Good for 1031 Deferred Tax Exchange and/or investment.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
802727
Type:
Land, Business Opportunities
Subdivision:
None
Lot size:
3.3 Acres
A broker reciprocity listing Courtesy: Horizon Properties of Durango
View additional info

Rare find commercial development property in the Animas Valley. 2 commercial tracts totalling 3.359 acres. Huge valley views, mature willow trees and discharge pond from Durango Hot Springs provide attractive amenities. Prior approval for a 20,000 Sq Ft boutique hotel plus 20,000 Sq Ft condo/commercial space. In current process to develop into 18 unit patio home project. Most engineering complete. Potential for residential development or other commercial activity. New 51 lot residential project being developed next door. Close to Dalton Ranch Golf Club, Durango Hot Springs and Animas River launch site. Tracts may be sold separately Broker owned

Beds:
n/a
Baths:
1.25
Sq.Ft.:
13,175
Status:
Active
MLS#:
802231
Type:
Industrial, Business Opportunities
Lot size:
0.21 Acres
Year built:
1953
A broker reciprocity listing Courtesy: The Wells Group of Durango, LLC
View additional info

A rare opportunity to own a large commercial property in downtown Durango! This property features nearly 5000 SqFt of warehouse space as well as finished offices, conference rooms, bathrooms, reception area, and work areas. With the size and downtown location of this property, the opportunities are endless. Continue to use as a commercial property, or renovate to residential units, or both!. City will allow building to go up to 55' opening up possibilities for a 3rd floor or rooftop patio. This property is also in the Mid-Town Urban Renewal Authority area so it could be eligible for some redevelopment incentives. There are two loading docks on the back side of the building. Formally used as a printing shop, this well cared for investment property is ready to be handed over to the next owner. There are very few buildings in downtown Durango with this amount of space.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
2,441
Status:
Active
MLS#:
802147
Type:
Retail, Business Opportunities
Lot size:
0.06 Acres
Year built:
1902
A broker reciprocity listing Courtesy: HomeSmart
View additional info

Welcome to 1053 Main Avenue Durango Colorado... Located in the historic district of beautiful downtown Durango is a rare opportunity for you to own commercial / retail space fronting Downtowns Main Avenue. With 2 store fronts and 4 additional office spaces, the possibilities are endless, including the potential to add a second story residence (buyer to confirm) Building is a separate parcel and NOT part of any HOA or covenant restrictions. The building consists of approximately 2400 sq' of highly desirable commercial and retail space that has not had a vacancy in years..! The 2 store fronts and four additional suites are all accessed at street level with front and rear entrances creating a layout that works well for both retail and office use. The interior has had many improvements and the exterior has a freshly painted faade along with an incredible mural by local artist Jenn Rawling recently completed on the south wall. Here's your opportunity to get into the Downtown Durango Historic Main Avenue market. Keep it as is or bring your vision and renovate this historic building to expose the original tall ceilings and old stone walls hidden within. Competitively Priced @ $949,000 with a possible assumption of remaining note balance @ 5.25% to qualified approved buyer. Call today and become an integral part of this amazing community we call Durango.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
801601
Type:
Land, Business Opportunities
Subdivision:
Gateway
Lot size:
5.28 Acres
A broker reciprocity listing Courtesy: Caver & Associates, Inc.
View additional info

Prime commercial land shovel ready. Pre approved commercial uses. Great exposure, growing area.

Beds:
n/a
Baths:
0.50
Sq.Ft.:
702
Status:
Active
MLS#:
801462
Type:
Office, Business Opportunities
Year built:
1984
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC
View additional info

Looking for downtown office space? This is your opportunity to own your own space rather than lease, and do so at a reasonable price! Or if you're looking for an investment, this would be a desirable locationfor a wide variety of tenants. The space is currently used by an attorney and offers multiple configuration opportunities. In addition to being more affordable than most Main Avenue spaces, this office condo complex enjoys quick access to Buckley Park - Durango's only downtown park. Favorable location makes it desirable for you, your employees and customers/clients.

Beds:
n/a
Baths:
Sq.Ft.:
942
Status:
Active
MLS#:
801030
Type:
Office, Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC, C: 970-749-0099
View additional info

942 sq ft Professional office on 2nd level, corner unit with windows and sunshine, elevator access open floor plan. Common area deck, common restrooms, plenty of parking, and high speed internet access. Available for purchase with lease for $1,249 per month NNN, plus C.A.M. fees, plus taxes through July 10, 2026 with 3% annual increases. Prime BUSINESS CONDO has 942 gross sq. ft. is a corner unit with two walls of windows. Built in 2006 the Telluride Iron Works Retail Center is a busy "Class A" Commercial facility with Highway visibility, easy elevator access, and plentiful non metered parking on all sides of building. Enhance most any business in this quality location with many professionals and medical offices. Adjacent dental office Suite #203 is also on the market for $325,000.

Beds:
n/a
Baths:
3.50
Sq.Ft.:
14,279
Status:
Active
MLS#:
801000
Type:
Retail, Business Opportunities
Lot size:
0.23 Acres
Year built:
1958
A broker reciprocity listing Courtesy: Harmony Real Estate, LLC
View additional info

One of the busiest intersections in Durango and home to several established businesses: balcony bar and live music; clothing boutique; fly fishing shop; toy store; barber shop; tattoo parlor; and smoke shop. Two vacant spaces are perfect for a restaurant or bar. Fabulous location in the heart of Durango and only one block to the Durango train depot.

Beds:
n/a
Baths:
Sq.Ft.:
1,031
Status:
Active
MLS#:
800482
Type:
Office, Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC, C: 970-749-0099
View additional info

One of the nicest offices in Durango overlooking the the Animas River is never vacant and a good Long term passive investment business condominium for a 1,031 sq ft professional office on the 2nd level with income which goes up every year. Leased to Shield Insurance through September 30, 2025 with 3% annual increases plus an option to extend for another 3 year term. Very nice finishes with floor to ceiling windows, elevator access, 2 offices plus open floor plan. Common area deck, common area restrooms, plenty of non designated parking, and high speed internet access. Leased for $1,344.00 per month NNN, ($16,128 per year Triple Net), the rent increases 3% annually on the anniversary date of the lease. This is a true Triple Net Lease and the tenant pays the C.A.M. fees currently $375.00 per month (subject to change), plus tenant pays utilities, and R.E. Taxes, making this a very passive investment in a well built quality Class "A" Building with many medical and professional offices.

Beds:
n/a
Baths:
0.50
Sq.Ft.:
921
Status:
Active
MLS#:
800481
Type:
Office, Business Opportunities
A broker reciprocity listing Courtesy: Keller Williams Realty Southwest Associates, LLC, C: 970-749-0099
View additional info

Good long term investment goes up every year and secured with a 921 sq ft business condominium professional medical office on 2nd level with long term lease to Orthodontists of SW Colorado. Currently for leased for $1,456.00 per month Triple Net until December 31, 2024 with a 3 year option to renew. Office has been used as a Dentist office for over 15 years with 1/2 bath and very nice finish. The 2023 $17,472 per year "Triple Net" income increases 3% annually on January 1st of each year. Elevator access, Common area deck, common restrooms, plenty of non designated parking spaces, and high speed internet access. Priced below the cost of construction this opportunity is the first time on the market since built and will be a safe long term investment for any investor in a quality Class "A" Building with on site management and is shared with many medical and professional businesses.

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SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice. TERMS OF USE: This publication is designed to provide information with regard to the subject matter covered. This listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

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PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

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