Three-Tenant Flex
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 Market120
Property Features for 659 Tech Center Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Half bathrooms
2
Rooms
Bathroom 1, Bathroom 2
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
(970) 259-6680
Listed By:
Morgan Pavon
(970) 946-8407
Added: Apr 25
Changed: Aug 19
Last Checked: Aug 22 at 1:06AM
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.
Well-maintained three-suite flex space investment property in the Tech Center area, built in 2019. The steel frame building features steel siding and roof, with a total of three suites: two approximately 2,400 SF units and one approximately 1,200 SF unit. The property is currently fully occupied with established tenants and a strong rental history.
Each suite is separately metered for electric and gas and has its own HVAC heating and cooling system, along with private half baths. One suite is improved with a shower. Three-phase power is available to the building. Water is metered to the building, with usage allocated to tenants via a utility room with individual submeters and reconciled through CAM charges.
Leases in place with Illete Fitness and Rock Solid Granite extend through October 31, 2027, with scheduled 4% rent increases effective November 1. Expenses including taxes, snow removal, and common area costs are allocated on a proportional square footage basis (currently 60/40). Parking is open, and there is no HOA. HVAC systems are included in the sale. Showings are by appointment only to minimize disruption to tenants.
Each suite is separately metered for electric and gas and has its own HVAC heating and cooling system, along with private half baths. One suite is improved with a shower. Three-phase power is available to the building. Water is metered to the building, with usage allocated to tenants via a utility room with individual submeters and reconciled through CAM charges.
Leases in place with Illete Fitness and Rock Solid Granite extend through October 31, 2027, with scheduled 4% rent increases effective November 1. Expenses including taxes, snow removal, and common area costs are allocated on a proportional square footage basis (currently 60/40). Parking is open, and there is no HOA. HVAC systems are included in the sale. Showings are by appointment only to minimize disruption to tenants.
Key Highlights
- 0.76‑acre flex property built in 2019 with steel frame construction, steel siding, and steel roof
- Total 6,115 SF across three suites: two ~2,400 SF units and one ~1,200 SF unit
- Fully occupied with established tenants and a strong rental history
Property Analytics
Property Profile
Current Use
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
Explore this area
Business Placement
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 Industrial in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Strater Catering & Events — 699 Main Ave, Durango, CO 81301
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Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained flex space offering three separately metered suites with individual HVAC, currently fully occupied by established tenants.
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: 0.76‑acre flex property built in 2019 with steel frame construction, steel siding, and steel roof; Total 6,115 SF across three suites: two ~2,400 SF units and one ~1,200 SF unit; Fully occupied with established tenants and a strong rental history
