1150 Main Ave Durango, CO 81301
- Commercial real estate
- 7,922 SF
Current Use by Public Records
- Taco Libre - Taqueria & Cocktails / Mexican Restaurant
- Smiley David / Financial Planner
- Maroc Collar / Store
Property Details for 1150 Main Ave
- Property size
- 7,922 SF
- Property type
- Commercial real estate
Description
This exceptional mixed-use building in Durango, Colorado's historic downtown, presents a compelling investment opportunity. The 7,922 square foot, single-story property, originally constructed in 1901, has undergone extensive remodeling and modernization, resulting in a high-quality structure. The building features a popular Mexican restaurant (lease included, business not for sale) occupying one side, and high-quality professional office space on the other, complete with six private offices, a conference room, break room, and separate restrooms. The office space is partially furnished and benefits from direct Main Avenue access. A unique 1,280 square foot warehouse/open workspace area, accessible from the office space, offers versatile potential for storage, large projects, or creative uses. Both the restaurant and office spaces have their own private entrances on Main Avenue. The restaurant also boasts a private rear patio. The 1,895 square foot office space and the 1,280 square foot warehouse space are currently leased at $5,000 per month. Additional outdoor patios are located in the rear alley. This prime location, near Buckley Park on Main Avenue, offers exceptional visibility and access within a thriving business district. The asking price is $2,200,000. This is a rare chance to acquire a piece of Durango's vibrant downtown.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Durango
- County
- La Plata
- State
- Colorado
- Longitude
- -107.8795553
- Latitude
- 37.2761717
