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863 & 871 Main Avenue

Durango, CO 81301
  • $4,200,000
  • STATUS: Active Under Contract
  • ON SITE: 256 Days
  • MLS #: 804830
Under Contract
UPDATED: 235 min ago
$4,200,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 6
    1/2 BATHS
  • 26,813
    SQFT
  • $157
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1901
County:

School Ratings & Info

Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.


Description

This building has been owned by the same family for over half of the buildings 122 years. Located on one of highest traffic corners in historic downtown Durango. This fine building is comprised of four retail spaces, currently occupied by Browns Shoe Fit Company, Urban Market retail, Urban Market Home Decor and Gardenswartz Sporting Goods. The upstairs has multiple smaller offices with wide hallways, sitting areas and common restrooms. Many of the offices have large windows on the East, North and West sides of the building. The building is being sold at a very competitive cap rate based on the historic rental rates. The building does not have ADA access to the office spaces based on the age of construction.

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

This data was last updated: 2024-03-01T23:56:42.933.
www.durangomountainrealty.com/homes/140708498
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863 & 871 Main Avenue Durango, CO 81301

  • Price: $4,200,000
  • Status: Active Under Contract
  • On Site: 256 Days
  • Updated: 235 min ago
  • MLS #: 804830
0
Beds
0
Baths
6
½ Baths
0.37
Acres
26,813
SQFT
$157
$/SQFT
1901
Built
Neighborhood:
City Of Durango
County:
La Plata
Area:
Durango In Town
Property Description
This building has been owned by the same family for over half of the buildings 122 years. Located on one of highest traffic corners in historic downtown Durango. This fine building is comprised of four retail spaces, currently occupied by Browns Shoe Fit Company, Urban Market retail, Urban Market Home Decor and Gardenswartz Sporting Goods. The upstairs has multiple smaller offices with wide hallways, sitting areas and common restrooms. Many of the offices have large windows on the East, North and West sides of the building. The building is being sold at a very competitive cap rate based on the historic rental rates. The building does not have ADA access to the office spaces based on the age of construction.
Exterior Features

Carport No Construction brick Lot Dimension 0.373 Parking None 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

Cooling swamp Cooling Type Evaporative Cooler Finished Sq Ft 26813 Flooring CarpetWood Foundation ConcreteStone Heating Fuel Source Natural Gas Heating System Boiler Heating System1 boiler Lighting Fluorescent One Quarter Baths 0 Total Offices 12+

Property Features

American Disabil Act No Books Available No Cam No Covenants NO Current Business Several Retail Businesses Current Use Retail StorefrontOther Enterprise Zone Yes Exchange Trade No Existing Utilities ElectricNatural GasSanitary SewerWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use OtherRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2022 Tenant Pays ElectricGasTrash Total Taxes 36838 Type Retail Variable Rate No Water Rights No

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

This data was last updated: 2024-03-01T23:56:42.933.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.