1910 Main Ave - Office FOR SALE


Durango, CO 81301- Downtown Durango
$3,600,000 USD
970-410-3653
1910 Main Ave, Durango, CO for Sale
$3,600,000 USD
Office - FOR SALE
1/45
null | 7% Cap Rate

NEW


1910 Main Ave
Durango, CO 81301
Downtown Durango


HIGHLIGHTS

  • High Quality Single Level Class A office Building

OVERVIEW

Exceptional Class A Office Building in Prime Downtown Location Discover a rare opportunity to own a high-quality, single-level Class A office building in one of Durango’s most visible and accessible locations. Situated on the prominent corner of19th Street and Main Avenue, this 9,746 SF property offers outstanding flexibility for an owner-user, investor, or a combination of both. Originally built in 2000, the building underwent a comprehensive renovation in 2005, converting the former medical layout into modern professional office space. The property has been well maintained and presents a clean, efficient, and highly functional floor plan. Currently occupied by the seller’s business, who strongly prefers signing a long-term market rate lease back agreement, provides immediate stability for investors. At market rent, the property is projected to deliver a CAP rate nearing 7%. Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango. Key features include: - 9,746 SF single-story building - Excellent downtown Durango location with strong visibility -Multiple exterior entrances, allowing for easy division into multi-tenant configurations - 30+ on-site parking spaces, plus convenient alley access - Corner lot with superior access and exposure - Well-maintained Class A finishes throughout -Currently occupied by the seller’s business, strongly prefers signing a long-term market rate lease back agreement, providing immediate stability for investors At market rent, the property is projected to deliver a CAP rate nearing 7%Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$369 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1910 Main Avenue

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

A

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5665-203-07-006

ASK ABOUT THIS PROPERTY

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

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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 Notice.