A Rare Investment Opportunity. Donâ??t miss this opportunity to own a successful and longstanding lodging operation in the heart of the North Main Avenue corridor. The Brookside has been owned and operated by the same owners since 1986, providing affordable and workforce housing. This property comprises 14 units across three separate buildings, including a manager's unit and a mix of studio and one-bedroom apartments. The property abuts the City of Durango on two sides, The Chamber of Commerce headquarters and Brookside Park, offering a prime location for residents. The Brookside primarily serves those seeking budget-friendly, no-frills accommodations, fulfilling a vital need in a market with high housing demand and a shortage of affordable options. Residents enjoy convenient access to public transit, grocery stores, retail shops, the Durango Rec Center, the Animas River Trail, schools, and other city amenities. While the buildings are in average condition, several units have received recent updates and renovations. Current rental rates are below market value, with the owner covering all utilities. . This presents an excellent opportunity for buyers to explore potential value-add strategies or run their own proforma to assess future income potential. Whether you're an investor or an owner-user seeking a steady income stream, this property offers endless possibilities. Buyer must sign an NDA for financial package; exclusions to listing- please call broker.
Good long term investment secured with a 921 sq ft business condominium professional office on 2nd level with elevator access. Currently available for lease or purchase. Office has been used as a Dentist office for over 15 years with nice finishes. Elevator access, Common area deck, common restrooms, plenty of non designated parking spaces, and high speed internet access. Priced below the cost of construction this opportunity is and will be a safe long term investment for any investor in a quality Class "A" Building with on site management and is shared with many medical and professional businesses.
One of the nicest offices in Durango overlooking the the Animas River is never vacant and a good Long term passive investment business condominium for a 1,031 sq ft professional office on the 2nd level with income. Leased to Shield Insurance through September 30, 2025 plus an option to extend for another 3 year term. Very nice finishes with floor to ceiling windows, elevator access, 2 offices plus open floor plan. Common area deck, common area restrooms, plenty of non designated parking, and high speed internet access. Leased for $1,344.00 per month NNN, ($16,128 per year Triple Net), the rent increases 3% annually on the anniversary date of the lease. This is a true Triple Net Lease and the tenant pays the C.A.M. fees currently $375.00 per month (subject to change), plus tenant pays utilities, and R.E. Taxes, making this a very passive investment in a well built quality Class "A" Building with many medical and professional offices.
Durango Business Property for Sale â?? A Sweet Investment That Makes You Smile Attention, savvy business owners and investors! ?? Here's the deal: a prime piece of real estate with unbeatable visibility, easy access, andâ??wait for itâ??ample parking for all those happy clients you're about to reel in. Oh, and did we mention itâ??s already making you money? Yep, there's a tenant in place, locked into a 5-year triple-net lease with medical professionals. Translation: they're paying the bills, and you're collecting a sweet 6.5% cap rate. ?? Why Durango? This little slice of Colorado heaven is where breathtaking views meet booming business opportunities. Weâ??re talking about a town that knows how to mix work and play: a thriving local economy, year-round tourism, and a community that loves to support local businesses like yours. Plus, with a property like this, youâ??re not just buying a buildingâ??youâ??re investing in the dream life. Ready to talk numbers? Want to see it in person and feel those investment vibes? Shoot us a message, and weâ??ll roll out the red carpet (or at least show you where to park). Donâ??t let this opportunity pass you byâ??itâ??s too good to resist! ??
Priced below $248 per square foot PLUS the very functional basement This historic building space is located a ½ block from Main Avenue in the heart of Durango. Its canopied entrance can be seen from Main Avenue making this an exceptional location for this fuly furnished (with a few exceptions) fine dining restaurant facility. The space, which was previously the Red Snapper Restaurant from 1985 until 2019, has had a recent remodel and refresh. All of the equipment, back of the house as well as the front of the house, is in very good condition. One could easily open for business with a short closing. This allows a restauranteur to be their own landlord. This property is now being offered as either a purchase, or a lease purchase or a lease at a rate of $6,000 per month NNN There is an exhibition style front kitchen area that opens to the main dining room. There is also a private dining room and meeting room, and plenty of storage in the basement which is always important for an operation of this size. Seating is approved for over 100 patrons. The corner office is a luxury in the restaurant industry, yet a necessary space. Features include; upholstered booths, display case for wine, walk-in refrigerators, employee bathrooms and lockers, and patron access to menâ??s and ladiesâ?? restrooms upstairs. The restaurant can be utilized really for anything from a casual restaurant, breakfast, lunch or dinner or a combination of all three. The property does include 2 designated parking spaces and after hours the parking lot can be used by additional patrons. Seller will finance purchase to qualified buyer. Seller will consider lease/purchase.
Rare Opportunity to Own a Versatile Income-Producing Property Seize this unique chance to acquire prime real estate that combines a thriving, established business with the added benefit of multiple income streams from both commercial and residential tenants. This property represents a rare and lucrative investment opportunity, offering a turnkey business operation and long-term growth potential. Included in the sale is Florida Laundry, a well-established laundromat equipped with all necessary machinery, equipment, and its trusted trade name, ensuring a smooth transition for new ownership. The laundromat has a loyal customer base and proven revenue, making it an excellent foundation for steady cash flow from day one. In addition to the laundromat, the property features an additional commercial and residential rental units, providing supplemental income to diversify your portfolio. The commercial spaces are ideally suited for various businesses, while the residential units attract consistent tenancy, further enhancing the financial stability of the investment. Located in a high-traffic area with excellent visibility, the property benefits from a steady stream of foot traffic and easy access for both business patrons and tenants. This central location is perfectly positioned to serve the surrounding community while offering significant growth potential for its next owner. For additional details, including financials and equipment inventory, please contact agent to request a **Non-Disclosure Agreement (NDA)** and receive the comprehensive information packet. Don't miss this exceptional opportunity to invest in a dynamic property with multiple revenue streams and long-term potential. **Please do not disturb tenants**. Schedule your private tour today and explore all that this property has to offer!**
The unique art deco store front makes this building stand out on Historic Main Avenue. The Curved extended roof, the tile front and large glass and curved glass at the entry to the retail shop are Iconic. The location for retail is exceptional with great visibility and foot traffic, being only steps from the Strater Hotel. The apartments are always in high demand in downtown Durango as well. There is a lease in place for the Mountain Marketplace and the upstairs apartments are now on a short term lease basis. A buyer may want to change the upstairs into an owner occupied apartment or do improvements to the existing apartments that have not been updated for sometime. This building has been in the same Family for over 70 years and is now available for a new caretaker of this fine location.
Located at the base of Farmington Hill and just South of the Cascade car wash, provides excellent visibility from Highway 160, proximity to the airport, big box stores, and the hospital. The sale includes two parcels, one with the current residential structure (Tract 2 â?? annexed into City of Durango), the other providing nice privacy and space (Tract 1 â?? not annexed/county). Excellent visibility from Highway 160 and one of the highest traffic volumes in Southwest Colorado, offering a multitude of potential uses; cannabis store, gas station, hotel, restaurant, drive-thru service, and more. Minutes from Mercy Medical Center, La Plata County Airport and downtown Durango. Square footage of structure does not include the full basement. Building is connected to the well onsite, City of Durango water nearby, central sewer is South Durango Sanitation. CDOT access permit initiated, may require a deceleration lane depending on use. Currently listed as residential in City, but highest and best use is likely commercial.
Adjacent to the Durango La Plata County Airport. 73,000+ sq ft of Class A office space, plus 16,595 sq ft building partially leased to Spriggs Excavation, plus 7,242 sq ft shop fully leased to ModStreet, all on 10 flat usable acres. 200+ parking spaces spread out over 1.5 acres of pavement. Inside the Class A office building you'll find elevators, floor-to-ceiling window corner conference rooms, multiple large spaces for meetings, cubicles, work stations, private offices, a work-out facility, and2 kitchen areas. The large meeting rooms can support an occupancy of 360 people. Office space lease terms are $8 sq ft with $2 sq ft available for tenant improvements. 14 miles to Durango, 15 miles to Bayfield and 10 miles to Ignacio.
Presenting a rare opportunity to acquire a commercial / light industrial manufacturing warehouse with integrated office space in Durango's centrally located Bodo Light Industrial Park. This expansive facility offers over 15,000 square feet of versatile space on a 1.137acre lot, catering to a wide range of industrial and commercial applications. It represents a unique chance to secure a significant commercial asset in one of Durango's most sought after industrial hubs. Its prime location, expansive space, and alignment with local economic trends make it an ideal choice for businesses seeking to establish or expand their presence in this thriving market. Key Features: Location: Situated in Bodo Light Industrial Park, this property benefits from excellent connectivity and proximity to major transportation routes, facilitating efficient logistics and operations. Space: The facility encompasses over 15,000 square feet, providing ample room for warehousing, manufacturing, or distribution needs, along with dedicated office areas to support administrative functions. Lot Size: The 1.137acre lot offers potential for future expansion or additional outdoor storage, enhancing the property's versatility. Durango Market Insights: Durango, the county seat of La Plata County, boasts a population of approximately 19,148 as of 2022, reflecting a 1.03% growth from the previous year. The city's strategic location and robust infrastructure have fostered a diverse and resilient economy. Economic Highlights: Median Household Income: Durango's median household income stands at $76,177, marking an 11.1% increase from the prior year, indicative of a prosperous local economy. Key Industries: The city's economy is bolstered by sectors such as health services, retail trade, accommodation and food services, and real estate. Notably, health services employ approximately 3,800 individuals, accounting for about 11% of total employment, with an average income of around $47,000 annually. Employment Growth: Durango has experienced a 2.76% increase in employment, with 11,007 individuals employed as of 2022, underscoring a dynamic and expanding job market. Investment Potential: The combination of Durango's economic vitality, strategic location, and the scarcity of comparable properties in the Bodo Light Industrial Park positions this warehouse as a compelling investment opportunity. Its substantial square footage and adaptable design make it suitable for a variety of industrial and commercial enterprises, aligning with the city's growth trajectory and diverse industry base.
This building is in pristine condition. Having been used for a Fraternal Organization for years, the building has had minimal use and wear and tear. There are two levels with each having a large open room, and then the balance having some private offices. The building does have ADA access with an Elevator to all levels and large restrooms. The parking is more than adequate and a buyer could add on to this building easily and still have adequate parking on site per code. Located at the west end of Bodo Park provides a nice location with open space to the west. Potential uses can be office, function or event spaces, possible conversion of some of the square footage to light manufacturing or storage.
This is a unique offering In that in one parcel, you have the benefit of a diverse array of real estate income producing assets. The Upper East Side Liquor store is a well established, prosperous tenant in a very well built and maintained building with ample paved parking and easy access. The Puppy Love operation (a 30 year, one owner business) is a boarding and grooming business that is also very successful and well respected. Then, the 5 mobile home spaces with virtually zero vacancy. The property is not a substantial management burden for the new owner and the current ownership has a list of service providers that assist with the property when needed. The intersection of US Highway 160 East and CR 234/Hwy 172 still sees a growing traffic count as well as substantial residential growth in the surrounding area which will contribute to the tenantâ??s success in this location.
Welcome to 1053 Main Avenue Durango Colorado... Located in the historic district of beautiful downtown Durango is a rare opportunity for you to own commercial / retail space fronting Downtowns Main Avenue. With 2 store fronts and 4 additional office spaces, the possibilities are endless, including the potential to add a second story residence (buyer to confirm) Building is a separate parcel and NOT part of any HOA or covenant restrictions. The building consists of approximately 2400 sq' of highly desirable commercial and retail space that has not had a vacancy in years..! The 2 store fronts and four additional suites are all accessed at street level with front and rear entrances creating a layout that works well for both retail and office use. The interior has had many improvements and the exterior has a recently painted façade along with an incredible mural by local artist Jenn Rawling recently completed on the south wall. Here's your opportunity to get into the Downtown Durango Historic Main Avenue market. Keep it as is or bring your vision and renovate this historic building to expose the original tall ceilings and old stone walls hidden within. Competitively Priced @ $935,000 with a possible assumption of remaining note balance @ 5.25% and private financing to qualified approved buyer. Call today and become an integral part of this amazing community we call Durango.
Excellent investment opportunity to own a remodeled 1-story commercial building in Historic Downtown Durango consisting of approx. 7900sf plus outdoor patios in the rear ally side. The building was originally built in 1901 but has been extensively remodeled/modernized over the years into a high quality building. This location is home to a very popular Mexican Restaurant on one side and great professional office space on the other side with a warehouse/open work space directly behind and connected to the office portion. Both the restaurant space and the office spaces have their own separate Main Street entries. The very unique 1280sf work/warehouse space has high ceilings and offers many different possible uses for large storage, open work space for big projects, or be creative with your ideas. The office space consists of 6 private offices all on one level directly on Main Avenue, conference room, small break room, private mens and womens bathrooms and is partially furnished. The restaurant is a high quality beautifully built-out space and also has a private rear outdoor patio. The restaurant is NOT For Sale and that business is NOT part of this offering but the lease is included. This Listing is for the Building Only. Call Agent for details on leases. The 1895sf high nicely finished professional office space plus the 1280 back open work/warehouse space are currently available for lease @ $5000/mo, call for details. Don't miss out on this rare opportunity to own a piece of Downtown Durango in a thriving business block close to Buckley Park on Main Avenue.
This prime, main level Rivergate corner office unit is now available, spanning two units combined to comprise 2,435 square feet. This beautiful east-facing office space features high ceilings and windows on two sides, allowing abundant natural light throughout, creating a professional and welcoming atmosphere. Suitable for a variety of professional uses, including medical, health (with close proximity to Animas Surgical Hospital), accounting, legal, counseling services, non-profits, and a myriad of other options, this unit is an excellent opportunity for real estate investors or owner-users. This property offers fabulous street frontage with great exposure, as well as interior features which include a waiting area with plentiful natural light, open reception with built-in cabinets, conference room, IT closet, kitchen/break room, 2 bathrooms (one with a shower), and 7 private offices, one of which could be easily demised to create an 8th office. The space also includes 4 designated parking spaces in the under-building garage, and a double-sized secure storage unit. With easy access to the Durango River Trail and minutes from downtown, this is an ideal location for any business.
At Rivergate Lofts you will discover a Riverside blend of sophisticated urban retreat with a laid back pedestrian-friendly community that offers spectacular upscale amenities and picturesque surroundings right in the heart of Durango. Alongside the Animas River and the Animas River Trail, this 3,245 sq ft unit is located at river level with river views and is the largest unit in the RiverGate complex. It is also adjacent to the Animas Surgical Hospital of Durango. Additionally, one of the highlights of Rivergate Lofts are the stunning views of the La Platas and the surrounding mountains, which can be enjoyed through one of the four private doors which open onto a grassy landscaped park-like area maintained by the HOA. Here you will also discover immediate access to the Animas River, and the 7 mile public bike and pedestrian path just across the pedestrian bridge. Upon entering this 11 room unit you will find an expansive open-concept layout that seamlessly combines the living, dining, and kitchen areas. The high ceilings and floor to ceiling windows flood the space with natural light and create a warm and inviting atmosphere. The additional rooms provide plenty of flexibility to be utilized as home office, guest rooms, or media room, offering lots of versatility to suit your lifestyle needs. Note that current configuration does not include closets in bedrooms but is a simple addition and there are currently multiple closets in the condo. This unit is zoned both residential and commercial and is currently being used as an office space for 12 professionals and can easily be converted to a luxury living unit with 3-4 bedrooms including a large primary suite with attached office/media or workout space. This unit includes lots of inside storage for all your mountain gear. RiverGate Lofts offers a maintenance-free community and there are up to 5 garage parking spaces in an enclosed and secure parking garage making your adventures that much easier year-round. The HOA fees pay for heating and cooling, water and sewer, snow removal, common area and building maintenance.Don't miss an opportunity to own your private retreat in one of Durango's most coveted locations. Schedule a viewing of Unit B4-82 at Rivergate Lofts today and experience this riverside living at its finest.
NEW PRICE! Great potential for this prime in-town location at the corner of E College Drive and E 7th Avenue. TWO PARCELS ARE BEING SOLD TOGETHER: 666 E College Drive and 595 E 7th Avenue. The real estate is being sold, not the businesses. There are currently three thriving businesses in the building at 666 E College Drive: restaurant, consignment store (mostly children's clothing, toys) and a custom tattoo studio. The restaurant is on the main level. The consignment store is two levels and on the east end of the building. The tattoo studio is upstairs, above the restaurant. The building at 595 E 7th Avenue is currently operated as a printing shop with warehouse space. This is a one level building. Unfinished storage shed (approx. 968 square feet) on back of this lot is also included. There is alley access to this parcel. Locals and visitors alike will tell you that this location is known for convenience and superb services. Excellent street visibility. Good walkability to residential area and school. Mixed use neighborhood zoning (MU-N) allows for retail, commercial, residential, office, restaurant/bar and lodging. Please do not bother tenants.
1025 Camino del Rio is the definition of a Prime Location! A prime location is a highly desirable commercial property location with excellent accessibility, visibility, and high traffic counts. It is typically situated in the heart of a popular shopping district or a bustling urban center. Check, check, check, check and check, plus river frontage! Located across the street from the very busy Town Plaza Durango this property forms the western edge of the downtown Durango commercial district. CDOT traffic counts for this section of Camino del Rio are 32,000 vehicles a day. ideal for many high-volume businesses, this 1.25-acre property has been the home to successful automotive dealerships for 50 years. The 7005SF Behlen steel building housed the sales office, the show room, conference rooms, detail shop and the repair shop. 25-30 cars can be accommodated dependent on the design of the parking lot. This prime location is ready for the next entrepreneur to write their Durango story.
This is one of the most visible corners in Durango. The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail. There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below). Or a buyer may have another concept for utilizing this rare downtown Durango parcel. Redevelopment makes the most sense as it is currently underutilized with the existing building on the property. The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.
One of the busiest intersections in Durango and home to several established businesses: balcony bar and live music; clothing boutique; fly fishing shop; toy store; barber shop; tattoo parlor; and smoke shop. Vacant space is perfect for a restaurant, bar, gallery or retail. Fabulous location in the heart of Durango and only one block to the historic Durango Narrow Gauge Railroad train depot.
AGENT ACCOMPANY!! Old Haggards Black Dog Tavern! Property has a commercial well and septic system that are in unknown condition. Both were in working order before the fire 20 years ago. The County considers this SINGLE FAMILY home site, no previous commercial use right. It may be possible but would need to go through the planning process. The structure has fire damage but may be salvageable. The property also has experience squatters and vandalism. Being sold AS-IS with all debris and priced accordingly. All due diligence is the responsibility of the buyers. Well permit is listed as 5 motel rooms, a tavern, grocery and laundry as is the well permit. About 60' of river frontage! Please DO NOT visit or walk the property. For safety reasons Broker must be there. Showings start the afternoon of Monday 9/16 by appointment.
**Prime Investment Opportunity: Thriving Mobile Home Park with Outstanding Development Potential** Discover a remarkable investment opportunity with this successful mobile home park that also offers extraordinary development prospects. Located in a prime area with breathtaking views, this property is just minutes from downtown, situated along a major thoroughfare, and directly across from the Three Springs community and hospital campus. This location guarantees a consistent flow of potential tenants and easy access to essential services. This is a unique chance to capitalize on the rapid growth in the Grandview area. You can choose to maintain this profitable mobile home park or explore the vast development opportunities it presents. The possibilities for a significant development project in this rapidly growing area are unparalleled. Opportunities like this are extremely rare. Act quickly to secure your place in this high-demand marketâ??donâ??t let this exceptional opportunity pass you by. Call today!
This 4.2-acre mountain contemporary estate in Durango, Colorado, offers an exceptional opportunity for investors focused on maximizing rental income, including short term rental potential. With two remodeled duplexes generating $79,560 annually and a luxurious 5,299 sq. ft. main home designed for high-end rentals, this property delivers immediate and significant income potential. The main home, built in 2019, is fully furnished and features self-contained floors ideal for multi-family stays, premium vacation rental listings, or large group rentals. With mountain views, a creekside custom patio with a fire pit, and ample outdoor event space and parking, this property is positioned to attract vacationers. Located just 10 minutes from downtown Durango and adjacent to national forest and BLM land, the property is a destination for outdoor enthusiasts. In addition to the strong rental income, the property includes a pond, she-shed, and a large detached garage with a workshop. With its established income stream, versatile facilities, and prime location, this property is a rare turnkey investment in Durangoâ??s thriving tourism market. Whether you are considering a 2nd home with income potential, or an investment purchase with strong cash on cash return, you will want to seize this opportunity to own. Short term rental projections for the main home are estimated at $150K- $200K/year, with potential to double rental income for the duplexes if an owner wanted to rent the duplexes units nightly as well. Liveâ?¦Playâ?¦Investâ?¦
This beautiful, two story, brick Victorian style building is located on an exceptional site next to the Animas River. It is adjacent to the popular Rotary Park and favorite River Trail. It's surrounded by lovely landscaping and sits north of the Animas Brewing Co. The building features two units with convenient private parking and is easily accessible from Main street and 3rd ave. This great location is very unique and truly one of a kind.
High visibility commercial building on the corner of Main Avenue and 15th Street in Durango. This 20,264 square foot building sits on a 0.344 acre lot with an additional 0.179 acre lot for extra parking or redevelopment. This two story building was completely updated in 2019 to include new: fire suppression system, HVAC, plumbing, electrical, roof, flooring, elevator, bathrooms, and exterior stucco (the building is basically brand new). Inside, there is ceramic tile at the entry and in the bathrooms, the remainder of the building is carpet tile. There are two private storage rooms, one office, a mechanical room, utility room, two bathrooms upstairs, and two bathrooms downstairs. There are 30+ existing parking spots for employees and patrons. Located in the heart of Durango at the intersection of Main Avenue and 15th street, one of the busiest in town. This location has incredible visibility. Don't miss this opportunity to own a building with tons of potential for owner use, rental, or redevelopment.
Durango is located in Colorado. Durango, Colorado has a population of 18,953. Durango is less family-centric than the surrounding county with 26.66% of the households containing married families with children. The county average for households married with children is 29.94%.
The median household income in Durango, Colorado is $68,550. The median household income for the surrounding county is $75,089 compared to the national median of $69,021. The median age of people living in Durango is 36.5 years.
The average high temperature in July is 86.2 degrees, with an average low temperature in January of 12 degrees. The average rainfall is approximately 18.3 inches per year, with 67.4 inches of snow per year.
