1015 Main Avenue

    Durango, CO 81301
    • $1,800,000
    • STATUS: Active
    • ON SITE: 32 days
    • MLS #: 763023
    $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 oak floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, floor coverings are new as well. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. Currently the downstairs is vacant, (Main floor) so this is ideal for an owner user purchaser as well as an investor, who will lease the retail space to the tenant of their choice. Located near the corner of 10th and Main, the space has excellent visablity to foot traffic as well as the drive-by 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 2019. 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 Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2019-10-18T23:56:31.097.
    www.durangomountainrealty.com/homes/99009029

    1015 Main Avenue Durango, CO 81301

    • Price: $1,800,000
    • Status: Active
    • MLS #: 763023
    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 oak floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, floor coverings are new as well. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. Currently the downstairs is vacant, (Main floor) so this is ideal for an owner user purchaser as well as an investor, who will lease the retail space to the tenant of their choice. Located near the corner of 10th and Main, the space has excellent visablity to foot traffic as well as the drive-by 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 TileWoodCarpet 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 5.2 Current Business Office Upstairs Current Use General OfficeRetail StorefrontMixed Use Enterprise Zone Yes Exchange Trade No Existing Utilities Sanitary SewerWaterNatural GasElectricPhoneInternetT-1 LineSingle-Phase Fixtures Included No Gross Annual Expenses 17000 Gross Scheduled Income 111000 Inventory Included No Landlord Pays Building InsuranceSewer/WaterGas Lease Included Yes Monthly Cam Charges Tbd Net Operating Income 93000 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 2019 Tenant Pays Electric Total Electric Meters 2 Total Gas Meters 1 Total Taxes 12786 Total Water Meters 1 Type Retail 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 2019. 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 Durango Mountain Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2019-10-18T23:56:31.097.
     
    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of The Wells Group Of Durango, Inc..