Sold

863 & 871 Main Avenue

Durango CO, 81301

$3,600,000


$134.26 per sqft

Sold

3 Baths

26,813 sqft

Commercial

Built in 1901

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.

804830

MLS ID

June 19, 2023

Listed

March 29, 2024

Updated

Map

863 & 871 Main Avenue
Durango CO, 81301

Interior Features

Total Stories

2


Bathrooms

3 Baths


Floor Description

Carpet, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Evaporative Cooling


Heating

Yes


Heating Description

Hot Water, Natural Gas

Exterior/Building Features

Lot Size

0.37 Acres


Roof

Built-Up


Sewer

Connected, Public Sewer

Other Property Details

Area Name

Durango In Town


Taxes

$36,838


Tax Frequency

Annually


Days on Market

284


Garage

No


Parking

None


View

No


County

La Plata


Water Source

Public


Pool

No

Listing History

Date

Event

Price

3/29/2024

Sold

$3,600,000

1/31/2024

Pending

Courtesy of The Wells Group of Durango, LLC with
Listing Contact: 970-749-1440 


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Data last updated on: 3/29/2024

 

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