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1910 Main Avenue 1910 Main Ave 9,746 SF Office Building Durango, CO 81301 $3,600,000 ($369.38/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- High Quality Single Level Class A office Building
EXECUTIVE SUMMARY
Exceptional Class A Office Building in Prime Downtown Location Discover a rare opportunity to own a high-quality, single-level Class A office building in one of Durango’s most visible and accessible locations. Situated on the prominent corner of19th Street and Main Avenue, this 9,746 SF property offers outstanding flexibility for an owner-user, investor, or a combination of both. Originally built in 2000, the building underwent a comprehensive renovation in 2005, converting the former medical layout into modern professional office space. The property has been well maintained and presents a clean, efficient, and highly functional floor plan. Currently occupied by the seller’s business, who strongly prefers signing a long-term market rate lease back agreement, provides immediate stability for investors. At market rent, the property is projected to deliver a CAP rate nearing 7%. Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango. Key features include: - 9,746 SF single-story building - Excellent downtown Durango location with strong visibility -Multiple exterior entrances, allowing for easy division into multi-tenant configurations - 30+ on-site parking spaces, plus convenient alley access - Corner lot with superior access and exposure - Well-maintained Class A finishes throughout -Currently occupied by the seller’s business, strongly prefers signing a long-term market rate lease back agreement, providing immediate stability for investors At market rent, the property is projected to deliver a CAP rate nearing 7%Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$35,200
|
$3.61
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$35,200
|
$3.61
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $35,200 |
| Annual Per SF | $3.61 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $35,200 |
| Annual Per SF | $3.61 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
9,746 SF
Building Class
A
Year Built
2000
Price
$3,600,000
Price Per SF
$369.38
Cap Rate
7%
NOI
$252,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,746 SF
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- State Farm
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| State Farm | - | - | - | - |
1 1
Walk Score®
Very Walkable (80)
Bike Score®
Biker's Paradise (99)
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1910 Main Avenue | 1910 Main Ave
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