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Multi-Tenant Flex Space
For Sale
$1,500,000

659 Tech Center Drive, Durango, CO 81301

COMMERCIAL, Durango, CO

Property Size6,115 SF
Lot Size0.76 Acres
Price / SF$245.30
Days on Market142

Property Features for 659 Tech Center Drive

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Half bathrooms 2
Rooms Bathroom 2, Bathroom 1
Directions Head West on HWY 160, turn right onto Tech Center Drive, Property is on the left w/ sign
Standard status Active
Size 6,115 SF
Lot size 0.76 Acres

Building Details

Year built 2019
Listing Agency: Wells Group Real Estate
Listed By: Morgan Pavon
Added: Apr 25 Changed: Sep 12 Last Checked: Sep 13 at 12:06AM
MLS# 833895

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

Built in 2019, this 6,115-square-foot steel-frame flex property contains three separately metered suites: two approximately 2,400 SF spaces and one approximately 1,200 SF space. Each suite has its own HVAC system, private half bath, and separate electric and gas metering; one suite also includes a shower. Three-phase power is available, while building water is tracked through individual submeters. HVAC systems are included in the sale.

The property sits on 0.76 acres at 659 Tech Center Drive in Durango’s Tech Center area. Open parking has historically served tenant and customer needs, and the property carries no HOA. Leases with Illete Fitness and Rock Solid Granite run through October 31, 2027, with scheduled 4% rent increases beginning November 1. CAM reimbursements allocate taxes, snow removal, and common-area expenses according to proportional square footage, currently on a 60/40 basis.

Key Highlights

  • 6,115‑square‑foot flex property on 0.76 acres
  • Three suites: two approximately 2,400 SF units and one approximately 1,200 SF unit
  • Fully occupied since completion in 2019

Property Analytics

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Current Use

Illete Fitness Gym & Fitness Center Rock Solid Custom ... Kitchen & Bath Showroom

Suggested Use

Top Pick Dental Office Auto Parts Store Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

418
Businesses Nearby
Well-served
Demand for This Use

Demographics for 81301, CO

30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • GRASSBURGER (DGO Downtown) 726 1/2 Main Ave, Durango, CO 81301
  • Strater Catering & Events 699 Main Ave, Durango, CO 81301
  • Artistic Taste Jennifer Lyndes Durango, CO 81301

Frequently Asked Questions

What type of property is this?
Flex space - Steel-frame property offers separately metered suites, individual HVAC, and three-phase power.
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: 6,115‑square‑foot flex property on 0.76 acres; Three suites: two approximately 2,400 SF units and one approximately 1,200 SF unit; Fully occupied since completion in 2019
More about this property
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