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1015 Main Avenue

Durango, CO 81301
  • $1,800,000
  • STATUS: Active
  • ON SITE: 194 Days
  • MLS #: 782278
UPDATED: 35 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 5,861
    SQFT
  • $307
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1889
County:

School Ratings & Info

Listing courtesy of The Wells Group Of Durango, Inc..


Description

Rare opportunity to own a recently remodeled, historic building. The front of the building has tall windows, which are ideal for exposing retail product to the foot traffic. There is stained glass in the transom window above the recessed doorway. The main floor has just had a remodel including refinished floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, and new floor coverings. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. The upstairs is on a month to month lease. The main floor/retail space which has Main Avenue frontage is also leased with a 3 year lease. Located near the corner of 10th and Main, the main floor of the building has excellent visibility and foot traffic. The retail space has some basement storage space, which is approx. 6 feet in height.

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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, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T07:56:21.353.
www.thehowegroup.co/homes/117535150
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1015 Main Avenue Durango, CO 81301

  • Price: $1,800,000
  • Status: Active
  • On Site: 194 Days
  • Updated: 35 min ago
  • MLS #: 782278
0
Beds
0
Baths
2
½ Baths
N/A
Acres
5,861
SQFT
$307
$/SQFT
1889
Built
Neighborhood:
City Of Durango
County:
La Plata
Area:
Durango In Town
Property Description
Rare opportunity to own a recently remodeled, historic building. The front of the building has tall windows, which are ideal for exposing retail product to the foot traffic. There is stained glass in the transom window above the recessed doorway. The main floor has just had a remodel including refinished floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, and new floor coverings. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. The upstairs is on a month to month lease. The main floor/retail space which has Main Avenue frontage is also leased with a 3 year lease. Located near the corner of 10th and Main, the main floor of the building has excellent visibility and foot traffic. The retail space has some basement storage space, which is approx. 6 feet in height.
Exterior Features

Carport No Construction Brick Lot Dimension 25 X 100 Parking None Parking Spaces 0 Property Attached Yes Roof Built Up Sewer Public Sewer Installed Stories 2 Street Description City/Town Water Public Water Well No Waterfront YN No

Interior Features

Basement Sq Ft 1000 Ceiling Height 14 Cooling Yes Cooling Type Central A/C Finished Sq Ft 5861 Flooring CarpetTileWood Foundation Stone Heating Fuel Source Natural Gas Heating System Forced Air Heating System1 Gfa Lighting FluorescentIncandescent Main Sq Ft 3361 Office Sq Ft 2500 One Quarter Baths 0 Total Offices 4 Upper Sq Ft 2500

Property Features

American Disabil Act No Amperage 200 Books Available No Cam No Cap Rate Percent 5.8 Covenants No Current Use General OfficeMixed UseRetail Storefront Enterprise Zone Yes Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerSingle-PhaseT-1 LineWater Fixtures Included No Gross Annual Expenses 4500 Gross Scheduled Income 109500 Inventory Included No Landlord Pays Building InsuranceGasSewer/Water Lease Included Yes Net Operating Income 105000 New Construction YN No Owners Association No Possible Property Use General OfficeMixed-UseRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Tenant Pays Electric Total Electric Meters 2 Total Gas Meters 1 Total Taxes 14220.80 Total Water Meters 1 Type Retail Vacancy Factor Prcnt 3 Variable Rate No Water Rights No Zoning Type Commercial

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, Inc. (CREN), © Copyright 2021. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than The Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-12-05T07:56:21.353.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of The Wells Group Of Durango, Inc..