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    643 Main Avenue

    Durango, CO 81301
    • $3,950,000
    • STATUS: Active
    • ON SITE: 312 days
    • MLS #: 765952
    UPDATED: 39 min ago
    $3,950,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 9
      BATHS
    • 1
      1/2 BATHS
    • 20,075
      SQFT
    • $197
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Listing courtesy of Scb And Associates.


    Description

    Located in the heart of thriving downtown Durango, this 20,075 sq. ft. commercial building is a great opportunity to own a mixed-use income property. This historical building was owned and occupied by Adolph Coors until 1915 and finished in 1925. It is located directly south of the famous Strater Hotel. This historical property boasts a great location with retail store frontage right on Main Avenue for excellent exposure. The world-renowned Henry Strater Theater is one of the oldest and most prestigious continually running theaters in Colorado and the United States, offering more than 50 years of performances. Formally known as the Diamond Circle Theater, the theater has been extensively renovated with top-of-the-line stage lighting and surround-sound. This intimate and prestigious venue operates year-round as a theater and community space. The property also offers seven storage units of various sizes in the rear of the Coors Building and the Black Awning Building. The corridor exits through a steel man door to the concrete patio area, gated access to the rooftop, and parking off the alley. There are also three office units that are accessed either from Main Avenue or the security gated rooftop. Two of the units overlook Main Avenue with picture windows. This property also includes five hotel rooms leased by the Strater hotel and accessed from the interior of the Strater hotel. Fire-rated doors separate the Melodrama Building from the Strater Hotel and the Coors Building. Emergency exit to the subject Coors Building and security cameras notify the front desk upon its opening. Last but not least, the second floor managers apartment is a one bedroom, one bathroom with an open loft kitchen and living room. The kitchen and living room have hardwood floors, and the bathroom has marble wainscot. The kitchen has wood counter tops, cabinets, and island. The kitchen has a gas stove, dishwasher, and stainless steel dual basin sink. Don't miss this rare opportunity to own a fantastic historical income property located right in downtown Durango!

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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 2020. 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: 2020-11-25T19:56:28.287.
    www.durangomountainrealty.com/homes/102401318
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    643 Main Avenue Durango, CO 81301

    • Price: $3,950,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 765952
    0
    Beds
    9
    Baths
    1
    ½ Baths
    0.45
    Acres
    20,075
    SQFT
    $197
    $/SQFT
    1925
    Built
    Neighborhood:
    City Of Durango
    County:
    La Plata
    Area:
    Durango In Town
    Property Description
    Located in the heart of thriving downtown Durango, this 20,075 sq. ft. commercial building is a great opportunity to own a mixed-use income property. This historical building was owned and occupied by Adolph Coors until 1915 and finished in 1925. It is located directly south of the famous Strater Hotel. This historical property boasts a great location with retail store frontage right on Main Avenue for excellent exposure. The world-renowned Henry Strater Theater is one of the oldest and most prestigious continually running theaters in Colorado and the United States, offering more than 50 years of performances. Formally known as the Diamond Circle Theater, the theater has been extensively renovated with top-of-the-line stage lighting and surround-sound. This intimate and prestigious venue operates year-round as a theater and community space. The property also offers seven storage units of various sizes in the rear of the Coors Building and the Black Awning Building. The corridor exits through a steel man door to the concrete patio area, gated access to the rooftop, and parking off the alley. There are also three office units that are accessed either from Main Avenue or the security gated rooftop. Two of the units overlook Main Avenue with picture windows. This property also includes five hotel rooms leased by the Strater hotel and accessed from the interior of the Strater hotel. Fire-rated doors separate the Melodrama Building from the Strater Hotel and the Coors Building. Emergency exit to the subject Coors Building and security cameras notify the front desk upon its opening. Last but not least, the second floor managers apartment is a one bedroom, one bathroom with an open loft kitchen and living room. The kitchen and living room have hardwood floors, and the bathroom has marble wainscot. The kitchen has wood counter tops, cabinets, and island. The kitchen has a gas stove, dishwasher, and stainless steel dual basin sink. Don't miss this rare opportunity to own a fantastic historical income property located right in downtown Durango!
    Exterior Features

    Acreage Range .5-.99 Carport No Lot Dimension 199X100.5X199x100.5 Parking 2-10 Total SpacesIn Rear Of BuildingOn Street Property Attached Yes Property Description Other Roof Built UpMembrane Sewer Public Sewer AvailablePublic Sewer Installed Stories 2 Street Description 75'-100' Frontage Water Public Water Well No Waterfront YN No

    Interior Features

    Cooling Type Evaporative CoolerOther Finished Sq Ft 2075 Flooring CarpetConcreteLaminateWood Foundation Basement-Unfinished Heating Fuel Source ElectricNatural Gas Heating System Forced AirOther Lighting FluorescentIncandescentOther One Quarter Baths 0 Total Offices 3

    Property Features

    Available Utilities CableElectricInternetNatural GasOtherPhoneSanitary SewerWater Books Available No Cam No Current Use General OfficeLodgingMixed UseOtherRetail Storefront Documents On File AppraisalsLeases Exchange Trade No Existing Utilities ElectricInternetNatural GasOtherPhoneSanitary SewerWater Fixtures Included No Inventory Included No Landlord Pays Building InsuranceCommon Area MaintenanceExt Maintenance (Bldg)Real Estate Taxes Lease Included Yes New Construction YN No Owners Association No Possible Property Use General OfficeLodgingMixed-UseOtherRetail StorefrontSpecial Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Tenant Pays ElectricGasOtherSewer/Water Total Taxes 34669.12 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 2020. 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: 2020-11-25T19:56:28.287.
     
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    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Scb And Associates.