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1043 Main Avenue , Smaller Option

Durango, CO 81301
  • $1,450,000
  • STATUS: Active
  • ON SITE: 273 Days
  • MLS #: 777981
$1,450,000
  • 0
    BEDS
  • 0.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,000
    SQFT
  • $97
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing courtesy of Durango Land And Homes.


Description

Development Opportunity in the Heart of Downtown! Rare opportunity for an investor to purchase the core of this development parcel comprising the 1027 Main Ave art gallery building, entire surface parking lot, and approximately 4,000 sq ft of underground studio / workshop / warehouse space. This is the ideal holding place for your 1031 investor or someone who would rather have their funds in real estate rather than stocks. See renderings to illustrate one option for the potential redevelopment as the second phase of the successful Crossroads Durango building, or reimagine this prime downtown lot as your own mixed-use building. This option offers a 0.35 Acre purchase that can be subdivided from the entire half acre parcel. Both options are currently available. This pricing option also allows for 35 surface parking spaces in the rear of the parcel along the west side of Narrow Gauge RR tracks to be purchased for an additional $600,000. The site could accommodate an estimated 36 parking spaces in a future underground garage for your redevelopment, providing a rare opportunity for on-site AND rear parking in the midst of a vibrant downtown. Contact agent for details.

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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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-19T23:56:21.933.
www.durangomountainrealty.com/homes/113398406
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1043 Main Avenue , Smaller Option Durango, CO 81301

  • Price: $1,450,000
  • Status: Active
  • MLS #: 777981
0
Beds
0
Baths
0
½ Baths
0.35
Acres
15,000
SQFT
$97
$/SQFT
Neighborhood:
Durango In Town
County:
La Plata
Area:
Durango In Town
Property Description
Development Opportunity in the Heart of Downtown! Rare opportunity for an investor to purchase the core of this development parcel comprising the 1027 Main Ave art gallery building, entire surface parking lot, and approximately 4,000 sq ft of underground studio / workshop / warehouse space. This is the ideal holding place for your 1031 investor or someone who would rather have their funds in real estate rather than stocks. See renderings to illustrate one option for the potential redevelopment as the second phase of the successful Crossroads Durango building, or reimagine this prime downtown lot as your own mixed-use building. This option offers a 0.35 Acre purchase that can be subdivided from the entire half acre parcel. Both options are currently available. This pricing option also allows for 35 surface parking spaces in the rear of the parcel along the west side of Narrow Gauge RR tracks to be purchased for an additional $600,000. The site could accommodate an estimated 36 parking spaces in a future underground garage for your redevelopment, providing a rare opportunity for on-site AND rear parking in the midst of a vibrant downtown. Contact agent for details.
Exterior Features

Acreage Range Less Than 1/2 Lot Dimension 75' X 200' Parking 20 + Total SpacesIn Rear Of BuildingOther Property Attached Yes Stories Tbd Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 1076 One Quarter Baths 0 Warehouse Sq Ft 4000

Property Features

Cam No Covenants No Current Use General OfficeOffice WarehouseRetail StorefrontWarehouse Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeGeneral OfficeLodgingMixed-UseProfessional/MedicalRestaurantRetail StorefrontShowroom Real Estate For Sale Yes Reo Lender Owned No Tax Year 2020 Total Taxes Tbd Type Multi-Use Variable Rate No Water Rights No Zoning Type CommercialMixed Use

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 Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2021-10-19T23:56:21.933.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Durango Land And Homes.