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1474 Main Ave

20,264 SF Vacant Flex Building Durango, CO 81301 $3,800,000 ($188/SF)

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Investment Highlights

High traffic visibility

Additional lot with sale

Executive Summary

High visibility commercial building on the corner of Main Avenue and 15th Street in Durango. This 20,264 square foot building sits on a 0.344 acre lot with an additional 0.179 acre lot for extra parking or redevelopment. This two story building was completely updated in 2019 to include new: fire suppression system, HVAC, plumbing, electrical, roof, flooring, elevator, bathrooms, and exterior stucco (the building is basically brand new). Inside, there is ceramic tile at the entry and in the bathrooms, the remainder of the building is carpet tile. There are two private storage rooms, one office, a mechanical room, utility room, two bathrooms upstairs, and two bathrooms downstairs. There are 30+ existing parking spots for employees and patrons. Located in the heart of Durango at the intersection of Main Avenue and 15th street, one of the busiest in town. This location has incredible visibility. Don't miss this opportunity to own a building with tons of potential for owner use, rental, or redevelopment.

Property Facts

Price	$3,800,000	Lot Size	0.52 AC
Price Per SF	$188	Rentable Building Area	20,264 SF
Sale Type	Investment or Owner User	No. Stories	2
Property Type	Flex	Year Built/Renovated	1940/2019
Property Subtype	Light Manufacturing FlexLight Distribution	Parking Ratio	1.48/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$3,800,000
Price Per SF	$188
Sale Type	Investment or Owner User
Property Type	Flex
Property Subtype	Light Manufacturing FlexLight Distribution
Building Class	B
Lot Size	0.52 AC
Rentable Building Area	20,264 SF
No. Stories	2
Year Built/Renovated	1940/2019
Parking Ratio	1.48/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.