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    1015 Main Avenue

    Durango, CO 81301
    • $1,800,000
    • STATUS: Active
    • ON SITE: 71 days
    • MLS #: 782278
    $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 floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, and new floor coverings. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. The upstairs is on a month to month lease. The main floor/retail space which has Main Avenue frontage is also leased with a 3 year lease. Located near the corner of 10th and Main, the main floor of the building has excellent visibility and foot 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 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 Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-08-03T23:56:22.247.
    www.crestedbutteliving.com/homes/117535150
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    1015 Main Avenue Durango, CO 81301

    • Price: $1,800,000
    • Status: Active
    • MLS #: 782278
    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 floors, exposed brick walls, 14 foot high ceilings, new paint, completely new kitchenette and bathroom, and new floor coverings. The upstairs is leased to a single tenant and is a quality office space with excellent natural light. The upstairs is on a month to month lease. The main floor/retail space which has Main Avenue frontage is also leased with a 3 year lease. Located near the corner of 10th and Main, the main floor of the building has excellent visibility and foot 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 CarpetTileWood 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 5.8 Covenants No Current Use General OfficeRetail StorefrontMixed Use Enterprise Zone Yes Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneSanitary SewerSingle-PhaseT-1 LineWater Fixtures Included No Gross Annual Expenses 4500 Gross Scheduled Income 109500 Inventory Included No Landlord Pays Building InsuranceGasSewer/Water Lease Included Yes Net Operating Income 105000 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 2020 Tenant Pays Electric Total Electric Meters 2 Total Gas Meters 1 Total Taxes 14220.80 Total Water Meters 1 Type Retail Vacancy Factor Prcnt 3 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 Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2021-08-03T23:56:22.247.
     
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    Dawn Howe Group | Keller Williams Realty
    218 Maroon Ave. Unit C
    Crested Butte CO, 81224
    Listing courtesy of The Wells Group Of Durango, Inc..