145 E College Dr - Storefront Retail/Office FOR SALE


Durango, CO 81301
$1,875,000 USD
970-769-7392
145 E College Dr, Durango, CO for Sale
$1,875,000 USD
Storefront Retail/Office - FOR SALE
1/6
null | 4.3% Cap Rate

145 E College Dr
Durango, CO 81301


HIGHLIGHTS

  • Currently three leased spaces with possibility of reconfiguration
  • Steps away from College Drive and Main Avenue in downtown Durango
  • Building is well maintained by both owner and tenants

OVERVIEW

The Sunburst building is steps away from the vibrant crossroads of College Drive/ Main Ave. and one short block to the historic Durango-Silverton train depot. The train attracts 225,000 yearly passengers and contributes $525,000,000+ to our local economy. This dynamic building is prime for redevelopment or long term investment. The building has been very well maintained by the owners and tenants, and enjoys a long history of stable occupancy with three renovated leased spaces, two at street level and one upstairs (the businesses are not for sale). There are options to reconfigure the space for more units or merge for larger spaces. The attractive exterior presents unparalleled street and passerby visibility with large showcase windows and lighted space for signage.

FOR SALE DETAILS

PRICE

$1,875,000 USD

PRICE/SF

$387 USD /SF

CAP RATE

4.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

-

APN/PARCEL ID

R024654

ASK ABOUT THIS PROPERTY

Max HutchesonThe Durango Team at The Wells GroupMore Info
970-769-7392

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Max HutchesonThe Durango Team at The Wells GroupMore Info
970-769-7392

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