1474 Main Ave Durango, CO 81301-5180
- Commercial land
- 20,264 SF
- 0.34 lot acres
Jan 27, 2021
Current Use by Public Records
- New Day Counseling / Alcoholism Treatment Program
- Area Inspector / State Government Office
- Durango Furniture & Mattress / Furniture Store / Bedroom Furniture Store
- Electrical Inspector / Electrician
Property Details for 1474 Main Ave
- Year built
- 1940
- Lot size
- 0.34 lot acres
- Property size
- 20,264 SF
- Property type
- Commercial land
- APN
- 5665-203-33-001
- APU
- 566520333001
Description
This exceptional 20,264 square foot retail building, located at 1474 Main Avenue in Durango, Colorado (81301), presents a remarkable investment opportunity. Situated on a 0.52-acre lot, this two-story structure boasts a prime location at the bustling intersection of Main Avenue and 15th Street, ensuring high visibility and significant foot traffic. Completely renovated in 2019, the building features a new fire suppression system, HVAC, plumbing, electrical, roof, flooring, elevator, and exterior stucco. Interior finishes include ceramic tile in entryways and bathrooms, and carpet tile throughout the remainder of the space. The property includes two private storage rooms, one office, a mechanical room, a utility room, and four bathrooms (two upstairs, two downstairs). Ample parking is provided with 20 spaces. The property is zoned Commercial/Retail and offers tremendous potential for owner-use, leasing, or redevelopment. The asking price is $4,200,000, with a price per square foot of $207.26. The APN is 566520333001. This is a rare opportunity to acquire a meticulously updated, high-visibility commercial property in the heart of Durango.
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
- -107.878
- Latitude
- 37.2795
- CBSA code
- 20420
- CBSA name
- DURANGO, CO MICROPOLITAN STATISTICAL AREA
