145 East College Drive Durango, CO 81301

Building Details

Year Built

1948

Listing Agency The Wells Group of Durango, LLC d***@wellsgroupdurango.com Show Phone

Listed by Deven Meininger · License #FA100049103

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Added: Jan 4, 2024 Updated: Jul 10 at 12:19 pm Checked: Jul 20 at 3:51 am

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Investment Insights

Based on property information with market context.

The Sunburst building is located steps away 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 and contributes over $525,000,000 to the local economy. This building is suitable for redevelopment or long-term investment. 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. Options exist 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 has a size of 4840 square feet.

Key Highlights

• Prime location steps from College Drive/Main Ave and one block from the Durango‑Silverton train depot.
• High visibility with large showcase windows and lighted signage space.
• Stable occupancy history with three renovated, leased spaces.

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FAQs

What type of property is this?

Mixed-use property - Mixed-use building near train depot, prime for redevelopment or investment.

Where is this mixed-use property located?

The property is located at 145 East College Drive Durango, CO.

What is the asking price?

The asking price for this property is $1,875,000.

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 with large showcase windows and lighted signage space.; Stable occupancy history with three renovated, leased spaces.