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960 E 2nd Avenue 960 E 2nd Ave 3,900 SF 100% Leased Office Building Durango, CO 81301 $750,000 ($192.31/SF)
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
100%
Building Height
2 Stories
Typical Floor Size
1,950 SF
Building FAR
0.52
Lot Size
0.17 AC
Opportunity Zone
Yes
1 1
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (98)
Property Taxes
| Parcel Number | R012503 | Total Assessment | $258,460 (2025) |
| Land Assessment | $86,960 (2025) | Annual Taxes | $8,293 ($2.13/SF) |
| Improvements Assessment | $171,500 (2025) | Tax Year | 2024 |
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
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960 E 2nd Avenue | 960 E 2nd Ave
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