1401 Main Ave
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1401 Main Ave
4,550 SF Vacant Office Building Durango, CO 81301 $1,875,000 ($412/SF)
Investment Highlights
- Highly visible corner lot
- Ideal for redevelopment
- Covered and paved parking
Executive Summary
This is one of the most visible corners in Durango. The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail. There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below). Or a buyer may have another concept for utilizing this rare downtown Durango parcel. Redevelopment makes the most sense as it is currently underutilized with the existing building on the property. The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.
Financial Summary (Actual - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$10,988
|
$2.41
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,988
|
$2.41
|
Financial Summary (Actual - 2024)
| Taxes | |
|---|---|
| Annual | $10,988 |
| Annual Per SF | $2.41 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,988 |
| Annual Per SF | $2.41 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
4,550 SF
Building Class
B
Year Built
1957
Price
$1,875,000
Price Per SF
$412
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,550 SF
Building FAR
0.25
Land Acres
0.41 AC
Opportunity Zone
Yes
Zoning
Mixed Use
Parking
26 Spaces (5.71 Spaces per 1,000 SF Leased)
Amenities
- Signage
Walk Score ®
Very Walkable (87)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | R007368 | Total Assessment | $279,410 |
| Land Assessment | $209,530 | Annual Taxes | $10,988 ($2.41/SF) |
| Improvements Assessment | $69,880 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R007368
Land Assessment
$209,530
Improvements Assessment
$69,880
Total Assessment
$279,410
Annual Taxes
$10,988 ($2.41/SF)
Tax Year
2024
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1401 Main Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.