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208 County Road 250

6,286 SF 100% Leased Flex Building Durango, CO 81301 $1,295,000 ($206/SF)

Investment Highlights

  • Commercial Investment parcel on corner lot
  • Three spaces - one office & two commercial
  • Close to Downtown Durango

Executive Summary

Rare opportunity to buy a commercial investment parcel on a CORNER location in Durango. The property is currently three spaces, one office and two commercial spaces. This location is at the intersection of CR 250 and 32nd Street (CR 251). There is access from Metz Lane onto the property and excellent visibility to the growing traffic counts at this intersection. CR 251 is currently being completely rebuilt with the addition of shoulders. There are three neighboring properties that have sold recently. 157 CR 250 sold for $1,095,000,.575 acre corner, 137 CR 250 sold for $1,500,000 and sit on .78 acres, NON corner lot and 101 CR 250 sold for $1,000,000 and it is on ..646 acre lot NON corner. So the opportunity to secure this corner is an excellent opportunity. The property can be an excellent redevelopment site as well.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Taxes $11,805 $1.88
Operating Expenses - -
Total Expenses $11,805 $1.88

Financial Summary (Actual - 2023)

Taxes
Annual $11,805
Annual Per SF $1.88
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $11,805
Annual Per SF $1.88

Property Facts

Price $1,295,000
Price Per SF $206
Sale Type Investment or Owner User
Property Type
Flex
  • Showroom
  • General Retail Health Club
  • Office Industrial Live Work Unit
Rentable Building Area 6,286 SF
No. Stories 1
Year Built 1975

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
  • Listing ID: 34133334

  • Date on Market: 12/9/2024

  • Last Updated:

  • Address: 208 County Road 250, Durango, CO 81301

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