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    145 E College Dr Durango, CO 81301

    For Sale
    $2,475,000

    Multi-Use - Durango, CO

    Property size:
    4,840 SF
    Lot size:
    0.12 Acres
    Days on Market:
    122
    Last Refresh:
    Dec 7 at 4:06 pm

    Property Features for 145 E College Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    4,840 SF
    Lot size
    0.12 Acres

    Building Details

    Year built
    1948
    Architectural style
    Other

    The Wells Group of Durango, LLC (970) 259-6680 [email protected]

    Listing agent Deven Meininger (970) 259-6680

    Listing date Aug 8, 2025

    MLS# 814176 Listing URL

    Copyright © 2025 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Development Potential

    The Sunburst building, accompanied by an adjacent developable lot with coveted alley access, is situated steps from the intersection of College Drive and Main Avenue, and one block from the Durango-Silverton train depot. The train attracts 225,000 yearly passengers. The building has been well-maintained by the owners and tenants, and has a history of stable occupancy with three renovated leased spaces, two at street level and one upstairs. There are options to reconfigure the space for more units or merge for larger spaces. The exterior provides street and passerby visibility with showcase windows and lighted space for signage. The property is suitable for redevelopment or long term investment. The building has a total size of 4,840 square feet and the lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rodney EMS Assoc ... Structural Engineer Durango Rec Room ... Herbal Medicine Store Lemon Head Hair ... Hair Salon

    Suggested Use

    Restaurant Law Firm Dental Office Realty agency Hair Salon Spa & Massage Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.881177
    Latitude
    37.2702405

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    FAQs

    What type of property is this?
    Mixed-use property - Well-maintained mixed-use building with development opportunity near Durango's attractions.
    Where is this mixed-use property located?
    The property is located at 145 E College Dr Durango, CO.
    What is the asking price?
    The asking price for this property is $2,475,000.
    What are key features of this property?
    This property features: - Prime location: Steps from College Drive/Main Ave. and one block from the Durango-Silverton train depot.; - High visibility: Unparalleled street and passerby visibility with **large showcase windows and lighted signage space.**; - Development potential: Includes an adjacent developable lot with coveted alley access.
    (970) 259-6680
    Request Owner's contact information
    145 E College Dr Durango, CO 81301
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    Durango, CO 81301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    145 E College Dr Durango, CO 81301
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