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919 Main Avene 919 Main Ave 16,602 SF Flex Building Durango, CO 81301 $4,900,000 ($295.15/SF)
INVESTMENT HIGHLIGHTS
- Downtown, Main Street Location
EXECUTIVE SUMMARY
Located in the heart of Downtown Durango, this single-level building has not only high-quality long-term tenants but alsoclimate-controlled storage units accessed from the alley. The retail and restaurant spaces have high visibility Main Avenuefrontage as well as full basements under each of the three spaces. These basements offer storage for inventory and officespace for the tenant if needed. Each lease space has ADA restrooms and separate heating and cooling systems. There isrear access for deliveries and staff to each space. The rear door is controlled by a coded entry and has six security camerasto assist with security and monitor the common areas. The restaurant unit is a bit larger than the retail spaces, with theadditional space used for food storage and prep areas. It also has a rooftop deck, which is a quality feature for addingseating capacity to the space. As the building is only a single-level structure, there is "potential' for other uses ordevelopment of the roof space, such as adding a second story, for example. THIS IS NOT an approved use at this time. Withestablished tenants, utilization of the rear storage facility square footage (there are not many climate-controlled storagefacilities in the area), and the potential for growing the rents upon future lease extensions, this well-maintained building willbe a great investment.
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$30,670
|
$1.85
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$30,670
|
$1.85
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Taxes | |
|---|---|
| Annual | $30,670 |
| Annual Per SF | $1.85 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $30,670 |
| Annual Per SF | $1.85 |
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Duranglers
- Retailer
- -
- -
- -
- Eolus Bar and Dining
- Accommodation and Food Services
- -
- -
- -
- Self Storage
- -
- -
- -
- -
- Tippy Canoe
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Duranglers | Retailer | - | - | - | ||
| Eolus Bar and Dining | Accommodation and Food Services | - | - | - | ||
| Self Storage | - | - | - | - | ||
| Tippy Canoe | Retailer | - | - | - |
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Walk Score®
Walker's Paradise (91)
Bike Score®
Biker's Paradise (99)
PROPERTY TAXES
| Parcel Number | R005556 | Total Assessment | $846,720 (2025) |
| Land Assessment | $317,210 (2025) | Annual Taxes | $30,670 ($1.85/SF) |
| Improvements Assessment | $529,510 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R005556
Land Assessment
$317,210 (2025)
Improvements Assessment
$529,510 (2025)
Total Assessment
$846,720 (2025)
Annual Taxes
$30,670 ($1.85/SF)
Tax Year
2024
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