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    666 7Th Ave Durango, CO 81301

    For Sale
    $1,200,000

    Prime Downtown Location, Two Parcels, High Potential

    Property size:
    5,146 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity encompasses two prime parcels in Durango, Colorado, totaling 5,146 square feet on a 0.28-acre lot. The property is situated at the highly visible corner of E College Drive and E 7th Avenue, offering excellent street visibility and walkability to residential areas and a school. The main building, located at 666 E College Drive, currently houses three established businesses: a ground-floor restaurant, a two-level consignment store (primarily children's clothing and toys), and an upstairs custom tattoo studio. The second parcel, 595 E 7th Avenue, is a single-story building operating as a printing shop with accompanying warehouse space. An unfinished storage shed of approximately 968 square feet is situated at the rear of the 595 E 7th Avenue lot, accessible via an alley. The property benefits from Mixed Use neighborhood zoning (MU-N), permitting a wide range of uses including retail, commercial, residential, office, restaurant/bar, and lodging. This presents a unique opportunity for investors to capitalize on the existing income streams while exploring diverse future development possibilities within this thriving downtown Durango location. The sale includes the real estate only

    Property Features for 666 7Th Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,146 SF
    Lot Size
    12,197 SF

    Building Details

    Year Built
    1939
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Durango
    County
    La Plata
    State
    Colorado
    Longitude
    -107.8739
    Latitude
    37.2683

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Downtown Location, Two Parcels, High Potential
    Where is this mixed-use property located?
    The property is located at 666 7Th Ave Durango, CO.
    What is the asking price?
    The asking price for this property is $1,200,000.
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    666 7Th Ave 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
    666 7Th Ave Durango, CO 81301
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