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Investment Highlights

  • Second Avenue District
  • Close to County and City Offices
  • 4 Off Street Parking Spaces

Executive Summary

Located in the Heart of the Second Avenue District, this office building is very well located for accessing City and County offices as well as the services in the greater Downtown Durango. The building can be an ideal Owner/User building were an owner could utilize easily, the entire building or a single floor. For an investor, the Building is divided into separate office spaces that allows a landlord to lease smaller offices spaces up to entire floors. There are 4 parking spaces accessed from the Alley which in downtown Durango is a plus. There is access for tenants from the front door or rear door off of the parking lot.

Financial Summary (Actual - 2024)

Annual Annual Per SF
Taxes $8,293 $2.13
Operating Expenses - -
Total Expenses $8,293 $2.13

Financial Summary (Actual - 2024)

Taxes
Annual $8,293
Annual Per SF $2.13
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $8,293
Annual Per SF $2.13

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,900 SF
Building Class
C
Year Built
1903
Price
$750,000
Price Per SF
$192.31
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,950 SF
Building FAR
0.52
Lot Size
0.17 AC
Opportunity Zone
Yes

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 1,152 SF
  • Office
  • -
  • Now

This is a second floor office, no ADA access. The space has a large main room and three separate office spaces. One has an exterior window. The space is priced very reasonably on a gross lease basis, NO NNN located close to the Courthouse, across the street from City Hall and convenient to Downtown Durango. There could be one parking space available to lease.

Space Size Space Use Condition Available
2nd Floor 1,152 SF Office - Now

2nd Floor

Size
1,152 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size 1,152 SF
Space Use Office
Condition -
Available Now

This is a second floor office, no ADA access. The space has a large main room and three separate office spaces. One has an exterior window. The space is priced very reasonably on a gross lease basis, NO NNN located close to the Courthouse, across the street from City Hall and convenient to Downtown Durango. There could be one parking space available to lease.

Very walkable
80/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
R012503
Land Assessment
$86,960 (2025)
Improvements Assessment
$171,500 (2025)
Total Assessment
$258,460 (2025)
Annual Taxes
$8,293 ($2.13/SF)
Tax Year
2024
  • Listing ID: 35047527

  • Date on Market: 3/6/2025

  • Last Updated:

  • Address: 960 E 2nd Ave, Durango, CO 81301

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