2901 Main Ave - Office FOR SALE


Durango, CO 81301- Downtown Durango
$2,950,000 USD
970-661-6332
2901 Main Ave, Durango, CO for Sale
$2,950,000 USD
Office - FOR SALE
1/36
null | Request Cap Rate

2901 Main Ave
Durango, CO 81301
Downtown Durango


HIGHLIGHTS

  • Fully leased multi-tenant office building, offering instant cash flow, stable income, and future owner/user flexibility in a growing market.
  • Prime corner location with exposure to 25,000+ vehicles daily along Route 550, delivering exceptional visibility, accessibility, and long-term value.
  • Former medical office with existing plumbing and infrastructure, allowing streamlined conversion to healthcare, wellness, or professional office use.
  • Features executive offices, conference rooms, reception areas, six additional offices, patio space, ample parking, and recent property improvements.
  • Surrounded by thriving restaurants, hotels, retail, and community amenities in Uptown Durango, a community experiencing significant redevelopment.
  • Rare value-add opportunity with redevelopment potential, suitable for future mixed-use, office, retail, or residential possibilities.

OVERVIEW

Discover 2901 Main Avenue, a rare opportunity to acquire a fully leased office with immediate cash flow, exceptional visibility, and significant long-term potential. This 4,200-square-foot office is situated on a prominent corner parcel in the heart of Durango with exposure to more than 25,000 vehicles daily along Route 550. The office was extensively remodeled and features two executive offices, including one with a private balcony deck, two conference rooms, two reception and waiting areas, six additional office spaces, storage rooms, central heating and air conditioning, a large outdoor patio, and ample on-site parking. Currently occupied by a real estate brokerage and barbershop, 2901 Main Avenue delivers instant income while offering flexibility for future owner/users seeking to establish a presence in one of Southwest Colorado's most desirable business districts. Beyond its current use and tenancy, the property offers compelling value-add and redevelopment potential. This unique combination of turnkey income and future occupancy potential makes the property attractive to both investors and owner/users. Previously operated as a medical office, the building retains much of the plumbing infrastructure and electrical configuration necessary for an efficient conversion back to medical-related use. With limited corner development sites remaining along North Main Avenue, future investors and developers may capitalize on Uptown Durango redevelopment and potential qualifying incentive programs. The site may support a variety of future mixed-use, retail, restaurant, office, service, or residential concepts, subject to buyer verification and municipal approvals. Surrounded by some of Durango's most successful businesses, including Home Slice Pizza, Zia Taqueria, Union Social House, Sage Fresh Eats, local coffee shops, nearby hotel renovations, and a recently developed middle school, the property is positioned within a thriving commercial district experiencing continued investment, redevelopment, and economic growth. The location also benefits from proximity to the Animas River and a highly affluent consumer base supported by more than $558.1 million in annual consumer spending. Whether the objective is to acquire a stabilized income-producing investment, secure a future owner-user headquarters, reposition the asset for higher returns, or pursue redevelopment opportunities in a rapidly evolving market, 2901 Main Ave represents a unique opportunity to own a highly visible commercial property in one of Durango's premier growth corridors.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$702 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

commercial

APN/PARCEL ID

R007918

ASK ABOUT THIS PROPERTY

Ashley BlackmoreBlackmore GroupMore Info
970-661-6332

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Ashley BlackmoreBlackmore GroupMore Info
970-661-6332

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