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    555 Rivergate Ln Durango, CO 81301

    For Sale
    $699,000

    Prime Durango office, 2,435 sq ft, great location.

    Property size:
    2,435 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 2,435-square-foot office space in Durango, Colorado, is perfectly situated on the main level of the Rivergate building. Combining two units, this east-facing corner unit boasts abundant natural light from expansive windows on two sides. The high ceilings contribute to a bright and welcoming professional atmosphere. Ideal for a variety of uses, including medical, health, accounting, legal, counseling, or non-profit organizations, this property presents a compelling opportunity for both investors and owner-occupiers. The unit features excellent street frontage and visibility. Inside, you'll find a spacious waiting area, an open reception area with built-in cabinetry, a dedicated conference room, an IT closet, a convenient kitchen/break room, and two bathrooms (one with a shower). Seven private offices are included, with the potential to easily create an eighth. Four designated parking spaces are provided in the secure under-building garage, along with a generously sized double storage unit. Enjoy convenient access to the Durango River Trail and a short commute to downtown Durango. This is a truly exceptional opportunity in a highly desirable location.

    Property Features for 555 Rivergate Ln

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,435 SF

    Building Details

    Year Built
    2004
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Realty agency Law Firm Restaurant Hair Salon Spa & Massage Nail Salon Grocery Store Food Market Dental Office Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.8717
    Latitude
    37.24948

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Durango office, 2,435 sq ft, great location.
    Where is this office property / space located?
    The property is located at 555 Rivergate Ln Durango, CO.
    What is the asking price?
    The asking price for this property is $699,000.
    Request Owner's contact information
    555 Rivergate Ln 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
    555 Rivergate Ln Durango, CO 81301
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