$4,200,000
0.37± Acres
Active
La Plata County, CO

863 & 871 Main, Durango, Colorado

MLS ID: 804830
Status: Active
Price: $4,200,000
Acres: 0.37±
Type: Commercial
Address: 863 & 871 Main
City, State: Durango, CO
County: La Plata County
ZIP Code: 81301
Parcel Number: 566529220002
Listed by: John Wells of The Wells Group Of Durango, Llc
Bathrooms: 6
SqFt: 26,813
Year Built: 1901

Description

This building has been owned by the same family for over half of the building’s 122 years. Located on one of highest traffic corners in historic downtown Durango. This fine building is comprised of four retail spaces, currently occupied by Browns Shoe Fit Company, Urban Market retail, Urban Market Home Decor and Gardenswartz Sporting Goods. The upstairs has multiple smaller offices with wide hallways, sitting areas and common restrooms. Many of the offices have large windows on the East, North and West sides of the building. The building is being sold at a very competitive cap rate based on the historic rental rates. The building does not have ADA access to the office spaces based on the age of construction.

Additional Information

Interior

Bathrooms Half: 6
Building Area Total: 26,813
Cooling (Yes/no): Yes
Cooling: Evaporative Cooling
Flooring: Carpet, Wood
Furnished: Unfurnished
Heating (Yes/no): Yes
Heating: Hot Water, Natural Gas

Exterior

Foundation Details: Concrete Perimeter, Stone
Lot Dimensions Source: Public Records
Lot Size Dimensions: 0.373
Property Attached: Yes
Road Frontage Type: City Street
Roof: Built Up
Stories: 2
Water Source: Public

Financial/HOA/Schools

Days On Market: 3
Subdivision Name: City Of Durango
Tax Annual Amount: 36838
Robert Gash, ALC

Robert Gash, ALC

Cedaredge, Colorado

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Listed By: John Wells of The Wells Group Of Durango, Llc