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Key Details
Sold Price $2,200,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 7,396 sqft
Price per Sqft $297
Subdivision Durango Tech
MLS Listing ID 809872
Sold Date 12/12/24
Half Baths 4
Three Quarter Bath 2
Year Built 2000
Annual Tax Amount $19,480
Tax Year 2022
Lot Size 0.610 Acres
Acres 0.61
Property Sub-Type Office
Property Description
Welcome to this exceptional, fully-occupied, meticulously maintained professional office building in Durango's Tech Center, now poised to embrace a new owner/investor. Anchoring three thriving and well-respected businesses with corresponding leases that transfer to the new owner, the versatile office space within offers boundless potential for a diverse array of current and future uses. The solid CAP rate along with interior and exterior improvements, including a new rubber membrane roof in 2023, provide for an excellent investment opportunity. Located just minutes away from the scenic Overend Mountain Park and the Twin Buttes trail system, with downtown Durango a stone's throw away, this location seamlessly blends the local lifestyle of work and leisure, providing tenants with the ideal location for their business coupled with the opportunity to enjoy the luxury of hitting the trails during a lunch break. The building is all one level with ADA accessibility and plentiful parking. Located on the south rim of the Tech Center complex, this building offers south facing windows, plentiful natural light, and views of Smelter Mountain in addition to fiber optics to the building providing high-speed internet capability. DO NOT DISTURB TENANTS. All showings need to be scheduled in advance with agent.
Location
State CO
County La Plata
Interior
Heating Forced Air
Cooling Central A/C
Flooring Carpet, Tile, Vinyl
Furnishings Unfurnished
Exterior
Parking Features Off Street, 20 + Total Spaces, In Rear of Building
Garage Spaces 20.0
Roof Type Membrane
Building
Story 1
New Construction No
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Broker Associate | ER DRE CO 100089210, CA 01991008
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