Multi-Tenant Flex
659 Tech Center Drive Durango, CO 81301
For Sale
$1,500,000
COMMERCIAL - Durango, CO
Property Size6,115 SF
Lot Size0.76 Acres
Price / SF$245.30
Days on Market96
Property Features for 659 Tech Center Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Standard status
Active
Size
6,115 SF
Lot size
0.76 Acres
Building Details
Year built
2019
Listing Agency:
Wells Group Real Estate
(970) 259-6680
Listed By:
Morgan Pavon
(970) 946-8407
Added: Apr 25
Changed: Jul 9
Last Checked: Jul 29 at 11:06AM
MLS# 833895
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Investment Insights
Based on property information with market context.
Well-maintained multi-tenant commercial building with a steel frame and steel siding and roof, offering three suites. Two suites are approximately 2,400 SF each, and one suite is approximately 1,200 SF. Each suite has its own heating and cooling HVAC system, private half baths, and separate electric and gas metering. One suite includes an additional shower. Three-phase power is available to the building, and water service is metered to the property with tenant usage allocated through a utility room using individual submeters, reconciled through CAM charges. HVAC systems are included in the sale.
The property is located in the Tech Center area of Durango, within a city district subject to standard development and occupancy requirements. Parking is open and has historically accommodated tenant and customer needs. There is no HOA. Expenses such as taxes, snow removal, and common area costs are allocated on a proportional square footage basis, currently described as 60/40.
The building is currently fully occupied with established tenants and a strong rental history. Leases are in place with Illete Fitness and Rock Solid Granite, extending through October 31, 2027, with scheduled 4% rent increases effective November 1. Showings are by appointment only to minimize disruption to tenants.
The property is located in the Tech Center area of Durango, within a city district subject to standard development and occupancy requirements. Parking is open and has historically accommodated tenant and customer needs. There is no HOA. Expenses such as taxes, snow removal, and common area costs are allocated on a proportional square footage basis, currently described as 60/40.
The building is currently fully occupied with established tenants and a strong rental history. Leases are in place with Illete Fitness and Rock Solid Granite, extending through October 31, 2027, with scheduled 4% rent increases effective November 1. Showings are by appointment only to minimize disruption to tenants.
Key Highlights
- 2019‑built steel‑frame multi‑tenant commercial building in the Tech Center area with 3 suites
- 3 total suites: two approx. 2,400 SF units and one approx. 1,200 SF unit
- Fully occupied with established tenants; suites include separate electric/gas meters and private half baths
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Strater Catering & Events — 699 Main Ave, Durango, CO 81301
- Artistic Taste Jennifer Lyndes — Durango, CO 81301
- GRASSBURGER (DGO Downtown) — 726 1/2 Main Ave, Durango, CO 81301
Frequently Asked Questions
What type of property is this?
Flex space - Three separately metered suites with individual HVAC and parking, currently fully occupied under long-term leases.
Where is this flex space located?
The property is located at 659 Tech Center Drive Durango, CO.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 2019‑built steel‑frame multi‑tenant commercial building in the Tech Center area with 3 suites; 3 total suites: two approx. 2,400 SF units and one approx. 1,200 SF unit; Fully occupied with established tenants; suites include separate electric/gas meters and private half baths
