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2180 Main Ave
Durango, CO 81301
Retail Property For Sale
Investment Highlights
- Net Operating Income of $168,000; Cap rate of 5.61%
- Durango, Colorado, is a vibrant and growing community with a robust local economy, offering a stable environment for commercial real estate investment
- Turnkey Investment: with a long-term lease in place and minimal management from owner.
- Beautiful building meets contemporary standards and minimizes future capital expenditures for the discerning investor.
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,591 SF
Building Class
B
Year Built
1982
Tenancy
Single
Building Height
2 Stories
Building FAR
0.26
Lot Size
0.50 AC
Zoning
MU-A: Mixed-Use -Arterial - https://online.encodeplus.com/regs/durango-co/autotabs.aspx
Parking
21 Spaces (3.76 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | R003720 | Improvements Assessment | $300,080 |
| Land Assessment | $310,260 | Total Assessment | $610,340 |
Property Taxes
Parcel Number
R003720
Land Assessment
$310,260
Improvements Assessment
$300,080
Total Assessment
$610,340
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