Building Details

Year Built 1972

Year Renovated 2024

Listing Agency: Keller Williams Realty Southwest Associates, LLC g***@kw.com Show Phone

Listed By: Matthew Arias · License #FA100087897 Show Phone

Source: Exprealty

Added: Jan 16 Changed: Oct 16 Last Checked: Oct 21 at 2:14AM

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Investment Insights

Based on property information with market context.

A landmark restaurant space is available for lease for the first time in over 50 years. The building was rebuilt after a fire in January 2024, with the structure taken down to bare walls and fully reconstructed. The layout has been maximized for restaurant operations and efficiency and is being offered as a blank slate for prospective tenants to customize.

The kitchen was expanded by approximately 45 square feet, the dining room was reimagined, and a wine cellar display has been created. Bathrooms are ADA compliant, supporting accessibility for guests and teams.

Located at 147 E College Dr in Durango, CO, this opportunity offers a turnkey, rebuilt footprint designed to support modern restaurant use from day one.

Key Highlights

• Landmark restaurant space available; home to the Ore House since 1972
• Rebuilt and modernized after a fire in January 2024, with the building taken down to bare walls and completely rebuilt
• Kitchen expanded by 45 SF during the rebuild

Property Analytics

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Current Use

Aztec Anglers San ... Tour Operator Ore House Restaurant

Suggested Use

Top Pick Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Pet Grooming Service Storage Facility Mobile Phone Store

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

NNN (Triple Net)

Lease Type

$2.73 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,990

Businesses Nearby

240k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 34% Groceries 34% Shops & Services 15% Hotels & Casinos 9%

McDonald's Dining

50,841 visits/mo 0.1 miles

City Market Groceries

36,990 visits/mo 0.3 miles

Albertsons Groceries

32,441 visits/mo 0.3 miles

Kroegers Ace Hardware Home Improvements & Furnishings

17,917 visits/mo 0.3 miles

Speedway Shops & Services

14,249 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Restaurant space rebuilt and modernized after a January 2024 fire, with an ADA-compliant restroom setup.

Where is this conventional restaurant located?

The property is located at 147 E College Dr Durango, CO.

What is the lease rate?

The lease rate is $5,000/Mo.

What are key features of this property?

This property features: Landmark restaurant space available; home to the Ore House since 1972; Rebuilt and modernized after a fire in January 2024, with the building taken down to bare walls and completely rebuilt; Kitchen expanded by 45 SF during the rebuild