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Investment Highlights

  • Fully leased multi-tenant office building, offering instant cash flow, stable income, and future owner/user flexibility in a growing market.
  • Former medical office with existing plumbing and infrastructure, allowing streamlined conversion to healthcare, wellness, or professional office use.
  • Surrounded by thriving restaurants, hotels, retail, and community amenities in Uptown Durango, a community experiencing significant redevelopment.
  • Prime corner location with exposure to 25,000+ vehicles daily along Route 550, delivering exceptional visibility, accessibility, and long-term value.
  • Features executive offices, conference rooms, reception areas, six additional offices, patio space, ample parking, and recent property improvements.
  • Rare value-add opportunity with redevelopment potential, suitable for future mixed-use, office, retail, or residential possibilities.

Executive Summary

Discover 2901 Main Avenue, a rare opportunity to acquire a fully leased office with immediate cash flow, exceptional visibility, and significant long-term potential. This 4,200-square-foot office is situated on a prominent corner parcel in the heart of Durango with exposure to more than 25,000 vehicles daily along Route 550. The office was extensively remodeled and features two executive offices, including one with a private balcony deck, two conference rooms, two reception and waiting areas, six additional office spaces, storage rooms, central heating and air conditioning, a large outdoor patio, and ample on-site parking. Currently occupied by a real estate brokerage and barbershop, 2901 Main Avenue delivers instant income while offering flexibility for future owner/users seeking to establish a presence in one of Southwest Colorado's most desirable business districts.

Beyond its current use and tenancy, the property offers compelling value-add and redevelopment potential. This unique combination of turnkey income and future occupancy potential makes the property attractive to both investors and owner/users. Previously operated as a medical office, the building retains much of the plumbing infrastructure and electrical configuration necessary for an efficient conversion back to medical-related use. With limited corner development sites remaining along North Main Avenue, future investors and developers may capitalize on Uptown Durango redevelopment and potential qualifying incentive programs. The site may support a variety of future mixed-use, retail, restaurant, office, service, or residential concepts, subject to buyer verification and municipal approvals.

Surrounded by some of Durango's most successful businesses, including Home Slice Pizza, Zia Taqueria, Union Social House, Sage Fresh Eats, local coffee shops, nearby hotel renovations, and a recently developed middle school, the property is positioned within a thriving commercial district experiencing continued investment, redevelopment, and economic growth. The location also benefits from proximity to the Animas River and a highly affluent consumer base supported by more than $558.1 million in annual consumer spending.

Whether the objective is to acquire a stabilized income-producing investment, secure a future owner-user headquarters, reposition the asset for higher returns, or pursue redevelopment opportunities in a rapidly evolving market, 2901 Main Ave represents a unique opportunity to own a highly visible commercial property in one of Durango's premier growth corridors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,200 SF
Building Class
B
Year Built/Renovated
1988/2023
Price
$2,950,000
Price Per SF
$702.38
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,213 SF
Building FAR
0.33
Lot Size
0.29 AC
Zoning
commercial
Parking
14 Spaces (3.16 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • A Cut Above
  • Services
  • 800 SF
  • -
  • -
  • Blackmore Group
  • Real Estate
  • 3,400 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
A Cut Above Services 800 SF - -
Blackmore Group Real Estate 3,400 SF - -
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
7,666
19,079
23,703
2025 Population
7,482
18,988
23,927
Population Growth '20-'25
-2.4%
-0.5%
0.9%
2020 Households
3,090
8,133
10,155
2025 Households
2,955
7,948
10,079
Household Growth '20-'25
-4.4%
-2.3%
-0.8%
Average Age
40
39
40
Median Household Income
$87,151
$87,978
$89,276
Daytime Employees
3,443
16,797
26,467
Total Businesses
754
2,816
4,234
College Degree + Higher
57%
54%
54%

Property Taxes

Property Taxes

Parcel Number
R007918
Land Assessment
$153,870
Improvements Assessment
$45,970
Total Assessment
$199,840
  • Listing ID: 41281945

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 2901 Main Ave, Durango, CO 81301

Contact the Sale Advisor

2901 Main Ave

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