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INVESTMENT HIGHLIGHTS
- Heavy drive and foot traffic
- One tenant in place
- Downtown Durango near Historic Strater Hotel
EXECUTIVE SUMMARY
Tenant as of listing this property is MOOSE ON THE LOOSE. This location is considered the 100% block, just two buildings north of College Drive on Main and anchored by the famous Strater Hotel on the north. There are currently two vacant spaces in the building. Both have been restaurants in the past, one is equipped and ready to go while the other one has a full hood system in place, but would need restaurant equipment, tables chairs etc. to open. Both of the vacant spaces have two each men's and women's ADA restrooms. The north space (639) has access to the alley for deliveries, the 619 space has access to College Drive on the south. This building is in a great location for restaurant, bar or retail uses.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$45,233
|
$3.51
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$45,233
|
$3.51
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $45,233 |
| Annual Per SF | $3.51 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $45,233 |
| Annual Per SF | $3.51 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
12,898 SF
Building Class
C
Year Built
1901
Price
$3,500,000
Price Per SF
$271.36
Tenancy
Single
Building Height
1 Story
Building FAR
1.30
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
Commercial
AMENITIES
- 24 Hour Access
- Restaurant
Walk Score®
Very Walkable (86)
Bike Score®
Biker's Paradise (96)
NEARBY MAJOR RETAILERS
1 of 21
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619 Main Ave
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