919 Main Ave - Flex FOR SALE


Durango, CO 81301- Downtown Durango
$4,900,000 USD
970-410-3653
919 Main Ave, Durango, CO for Sale
$4,900,000 USD
Flex - FOR SALE
1/45
null | Request Cap Rate

919 Main Ave
Durango, CO 81301
Downtown Durango


HIGHLIGHTS

  • Downtown, Main Street Location

OVERVIEW

Located in the heart of Downtown Durango, this single-level building has not only high-quality long-term tenants but alsoclimate-controlled storage units accessed from the alley. The retail and restaurant spaces have high visibility Main Avenuefrontage as well as full basements under each of the three spaces. These basements offer storage for inventory and officespace for the tenant if needed. Each lease space has ADA restrooms and separate heating and cooling systems. There isrear access for deliveries and staff to each space. The rear door is controlled by a coded entry and has six security camerasto assist with security and monitor the common areas. The restaurant unit is a bit larger than the retail spaces, with theadditional space used for food storage and prep areas. It also has a rooftop deck, which is a quality feature for addingseating capacity to the space. As the building is only a single-level structure, there is "potential' for other uses ordevelopment of the roof space, such as adding a second story, for example. THIS IS NOT an approved use at this time. Withestablished tenants, utilization of the rear storage facility square footage (there are not many climate-controlled storagefacilities in the area), and the potential for growing the rents upon future lease extensions, this well-maintained building willbe a great investment.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

919 Main Avene

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

5665-292-15-008

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 Policy.