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117 E 32nd

Durango, CO 81301
  • $750,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 811997
$750,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 2,416
    SQFT
  • $310
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1898
County:

School Ratings & Info

Listing courtesy of Harmony Real Estate, LLC: 970-759-2546.


Description

Incredible investment opportunity located in the City of Durangos 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 Durangos 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.

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[Colorado Real Estate Network] logo 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 2024. 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: 2024-04-20T22:30:38.613.
www.thehowegroup.co/homes/149026531
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117 E 32nd Durango, CO 81301

  • Price: $750,000
  • Status: Active
  • On Site: 24 Days
  • MLS #: 811997
0
Beds
2
Baths
1
½ Baths
0.13
Acres
2,416
SQFT
$310
$/SQFT
1898
Built
Neighborhood:
Animas City
County:
La Plata
Area:
Durango In Town
Property Description
Incredible investment opportunity located in the City of Durangos 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 Durangos 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.
Exterior Features

Carport No Lot Dimension .127 Parking 2-10 Total Spaces Sewer Public Sewer Installed Stories 2 Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 2416 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants YES Current Use Retail StorefrontMixed Use Disclosures Lead Base Paint Documents On File Leases Exchange Trade No Existing Utilities ElectricInternetNatural Gas Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Mixed-UseRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Tenant Pays Electric Total Electric Meters 2 Total Gas Meters 1 Total Taxes 3296.96 Total Water Meters 1 Type Multi-Use w/Res Variable Rate No Water Rights No Zoning Type CommercialMixed Use

[Colorado Real Estate Network] logo 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 2024. 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: 2024-04-20T22:30:38.613.
 
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The Howe Group | Keller Williams Realty
218 Maroon Ave. Unit C
Crested Butte CO, 81224
Listing courtesy of Harmony Real Estate, LLC: 970-759-2546.