Description
6%+ CAP Rate in Durango CO! Excellent location for professional office use! This is a very well-constructed and finished building. This offering includes two units. The building had been occupied in the past by Mercury Payments Systems which did additional tenant finishes to an already class A space. Both units are currently occupied and would provide a great investment as-is or you could owner occupy the unit(s) as the leases turn. There is ample parking with the lot facing south for easy winter maintenance and each unit has its own HVAC. This is a single level building in excellent condition currently. With the absorption of quality office space in Durango recently, this is a great option for the next owner/investor.
-
0BEDS
-
1.02ACRES
-
0BATHS
-
21/2 BATHS
-
4,207SQFT
-
$261$/SQFT
School Ratings & Info
Description
6%+ CAP Rate in Durango CO! Excellent location for professional office use! This is a very well-constructed and finished building. This offering includes two units. The building had been occupied in the past by Mercury Payments Systems which did additional tenant finishes to an already class A space. Both units are currently occupied and would provide a great investment as-is or you could owner occupy the unit(s) as the leases turn. There is ample parking with the lot facing south for easy winter maintenance and each unit has its own HVAC. This is a single level building in excellent condition currently. With the absorption of quality office space in Durango recently, this is a great option for the next owner/investor.
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 The Dawn Howe Group | Keller Williams Realty contain that company’s name.
Fair Housing Disclaimer
This data was last updated: 2020-09-27T19:56:26.397.