1401 Main Ave - Medical FOR SALE


Durango, CO 81301- Downtown Durango
$1,875,000 USD
970-410-3653
1401 Main Ave, Durango, CO for Sale
$1,875,000 USD
Medical - FOR SALE
1/8
null | Request Cap Rate

1401 Main Ave
Durango, CO 81301
Downtown Durango


HIGHLIGHTS

  • Highly visible corner lot
  • Covered and paved parking
  • Ideal for redevelopment

OVERVIEW

This is one of the most visible corners in Durango. The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail. There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below). Or a buyer may have another concept for utilizing this rare downtown Durango parcel. Redevelopment makes the most sense as it is currently underutilized with the existing building on the property. The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$412 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

Mixed Use

APN/PARCEL ID

R007368

ASK ABOUT THIS PROPERTY

John WellsThe Wells Group Real Estate BrokerageMore Info
970-410-3653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

John WellsThe Wells Group Real Estate BrokerageMore Info
970-410-3653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.