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112 E College Drive, Durango, CO

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112 E College Drive

Durango, CO 81301-5406

Property Type:Retail Sub Type:- Status:Existing Year Built:1950
Building Size:10,954 SF Land Area:.24 AC (10,454 SF)
For Sale Price:$4,475,875 Price/SF:$408.61
Cap Rate:6.50 %

Sale Notes:
**Please note this listing can only be bought in conjunction with MLS #721729 price reflective of acquiring both properties.**
The historic Rio Grande building is perfect for investors seeking a solid investment in Durango! Extensively renovated from 2009-2012 this property has a low effective building age. The Rio Grande building has 4 units, home to very successful, diverse, local businesses. Income producing with full occupancy right in the heart of Durango, with incredible exposure. This kind of investment opportunity is a rarity, don't let it slip away!

Keller Williams Realty Southwest Associates
Samantha Gallant
(970) 375-3299

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