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Listing courtesy of The Wells Group Of Durango, Inc..


Description

Iconic historic commercial building in downtown Durango on prime corner. Built in late 1900's for the First National Bank, as one of the first commercial buildings in Durango. Located on a high foot traffic on prime corner of 9th and Main Avenue (northwest side) only 4 blocks north of Durango & Silverton Train Depot, this two story building with main lobby area leased and generating income, also has office spaces and the finished basement for either a training room, additional retail or storage as it has an additional exterior exit. This location has access to some of the highest speed internet service in Durango. Great visibility and natural light that washes through the south and east windows, providing an enjoyable office or retail environment. This building has not been available for sale for close to 40 years. This is a chance to own a historical and architecture landmark building. There is a newer membrane roof on the building, and the building has three HVAC units that service the space. ***Sellers would consider owner-carry for a qualified Buyer.***

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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: 2021-09-19T16:56:22.023.
www.durangomountainrealty.com/homes/120517289
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901 Main Avenue Durango, CO 81301

  • Price: $2,500,000
  • Status: Active
  • Updated: 21 min ago
  • MLS #: 785825
0
Beds
0
Baths
4
½ Baths
0.12
Acres
12,134
SQFT
$206
$/SQFT
1892
Built
Neighborhood:
None
County:
La Plata
Area:
Durango In Town
Property Description
Iconic historic commercial building in downtown Durango on prime corner. Built in late 1900's for the First National Bank, as one of the first commercial buildings in Durango. Located on a high foot traffic on prime corner of 9th and Main Avenue (northwest side) only 4 blocks north of Durango & Silverton Train Depot, this two story building with main lobby area leased and generating income, also has office spaces and the finished basement for either a training room, additional retail or storage as it has an additional exterior exit. This location has access to some of the highest speed internet service in Durango. Great visibility and natural light that washes through the south and east windows, providing an enjoyable office or retail environment. This building has not been available for sale for close to 40 years. This is a chance to own a historical and architecture landmark building. There is a newer membrane roof on the building, and the building has three HVAC units that service the space. ***Sellers would consider owner-carry for a qualified Buyer.***
Exterior Features

Acreage Range Less Than 1/2 Carport No Construction Brick Lot Dimension 75X40x50x100x25x140 Parking In Rear Of Building Parking Spaces 2 Property Attached Yes Property Description Corner Roof Membrane Sewer Public Sewer Installed Stories 2 Street Description City/TownPaved Water Public Water Well No Waterfront YN No

Interior Features

Ceiling Height 10 Cooling Type Central A/C Finished Sq Ft 12134 Flooring CarpetTileWood Foundation Basement-Below GradeConcrete Heating Fuel Source Natural Gas Heating System Forced Air Lighting FluorescentIncandescent Office Sq Ft 12134 One Quarter Baths 0 Total Offices 0

Property Features

Available Utilities CableElectricFiber OpticsInternet Books Available No Cam No Cap Rate Percent 5.1 Covenants No Current Use General OfficeMixed UseMulti-Flex/R &Amp; DProfessional/MedicalRestaurantRetail StorefrontSaloonShowroom Disclosures Seller's Prop Disclosure Documents On File Topography Map Enterprise Zone Yes Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerSingle-PhaseT-1 LineWater Fixtures Included No Gross Annual Expenses 36000 Gross Scheduled Income 186000 Inventory Included No Landlord Pays Building InsuranceElectricGasReal Estate Taxes Lease Included No Net Operating Income 150000 New Construction YN No Owners Association No Possible Property Use General OfficeMixed-UseProfessional/MedicalRestaurantRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2018 Tenant Pays Interior MaintenanceJanitorialSnow RemovalTrash Total Electric Meters 1 Total Gas Meters 1 Total Taxes 17196.28 Total Water Meters 1 Type Office Vacancy Factor Prcnt 5 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 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: 2021-09-19T16:56:22.023.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_785825-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_785825-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_785825-2.jpg
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of The Wells Group Of Durango, Inc..