Your Mountain Retreat Awaits: Located just 2/3 mile south of Purgatory Resort, this 1-bed, 1-bath condo is perfectly positioned for your best ski season yet. Boasting one of the best locations within Silverpick, this unit faces east with mountain and open-space views from your walk-out patio. Inside, you'll discover a meticulously maintained and thoughtfully updated space, highlighted by a fully renovated, high-end kitchen. The kitchen is a true standout, featuring stunning soapstone countertops and luxurious Brazilian slate flooring; timeless, high quality cabinets and hardware. A cozy wood-burning fireplace in living room is perfect for warming up after a day on the slopesâ??and the invaluable convenience of an in-unit Bosch washer and dryer. Never before on the rental market, this is an ideal vacation getaway, with great rental income potential. All appliances included, furnishings negotiable.
This is one you don't want to miss! A desirable end-unit on southwest corner at Silverpick, turn-key, main level living, one bedroom. This well-maintained condo offers comfort and convenience. Located approximately 2/3 of a mile south of Purgatory Resort, nestled in the alpine community of "North county", home to year' round activities and breathtaking vistas. Welcoming entrance opens up to a cozy living room with corner wood burning fireplace; dining, hard-wood oak floors throughout and sliding glass doors accessing west facing covered patio. Fully equipped kitchen including oven/range, dishwasher, microwave and full refrigerator; functional and attractive butcher-block counter tops and east facing window above kitchen sink. Master bedroom is light and inviting, and bathroom has been upgraded including custom tile work, shower and pedestal sink, plus addition of south facing window. Upgrade of a stacked washer and dryer also included. Outside deck was also extended. Come check out this great getaway.
Discover comfort, convenience and value just 15 minutes from downtown Durango. This 960 sq ft, 2-bedroom, 2-full-bath home is move-in ready and updated with fresh paint, new flooring and new vanity in the guest bathroom. Step outside onto covered porch and enjoy fully-fenced yard - perfect for pets, gardening, or relaxing. Included storage shed provides extra space for all your gear. Each homesite has parking for two vehicles. $460/month space rent covers sewer, trash, and snow removal for easy, worry-free living. Whether you're looking for a comfortable full-time residence or a low-maintenance mountain getaway, this affordably priced home is a rare find. Donâ??t miss your chance to own a home in beautiful Durango, Colorado, schedule your showing today!
A RARE BLANK CANVAS: PRIME EASY FLAT BUILD 2+ Acre Residential Lot in Mesa Heights, Durango, Colorado. This is an exceptional opportunity to build your custom Durango dream home on a premium, newly split parcel in the coveted Mesa Heights subdivision. Located just 10 minutes from Downtown Durango, this lot offers the perfect blend of easy city access and private, scenic country living. Enjoy wide-open views and the benefit of a well-established community. With limited land inventory in the area, this 2-acre parcel is ready for your vision. Take advantage of minimal HOA restrictions and build the home or workshop you've always wanted. Don't miss this chance to secure your slice of Southwest Colorado. Electric, Natural Gas & Sewer at the property. Loma Linda Sanitation District
INTRODUCING VAQUERO, Durango's next premier high-end subdivision of homesites ranging from 3 to 6 acres with mountain views and set among an 80-acre gently sloping Ponderosa Pine and Scrub Oak forest. Located 15 minutes West of historic downtown Durango, CO with access via County Road 125 and Seabiscuit Drive, Vaquero will offer owners the serenity of living in the woods complimented by the convenience of close proximity to town. THIS OFFERING includes 18 residential lots (3 - 6 acres) currently in the entitlement process at the La Plata County Planning Department. The Seller anticipates submitting for Preliminary Plat by March 2026 and all progress/completed engineering, surveying, covenants, traffic studies, fire suppression systems and entitlements in process at the time of sale will be conveyed. The Seller's family has owned this property for generations and they are looking for a Buyer who will take what they've created on this beautiful land and bring it to fruition. HISTORY AND HERITAGE on this parcel dates back to the turn of the century when a ranching family by the name of Ridenour had as much as 1,400 acres here used for ranching and grazing cattle. A small town called Porter was established there in 1891 when the Rio Grande Southern Railway was built. The post office was there from 1891 to 1908. It was named after John Porter who had a hand in establishing the Town of Durango and the coal industry in the SW Colorado region among other impressive achievements. Porter had a couple of hundred residents and included the post office, a hotel, stores, the Porter Coal Mine, a railroad section house and a saloon! The historic images are included in the listing photos. The Animas Museum provided some history and early images of this area from back in the day when the Rio Grande Southern Railway had a train stop along the Wildcat Canyon in Porter, CO. UTILITIES include Lake Durango Water Authority, La Plata Electric nearby and fiber internet. Homeowners will need to install septic systems and propane as needed. This packaged offering with an opportunity to develop 18 gorgeous homesites in the tall pines with a rich history and close proximity to downtown Durango is quite unique!
Live simply, beautifully, and close to everything Durango has to offer in this move-in-ready tiny home located in the quiet, owner-only community of Island Cove Park. Built in 2023 and in like-new condition â?? move-in ready and fully furnished for an easy transition to simple and convenient living. With two lofts: one cozy sleeping loft and one for storage or extra space, energy-efficient LED lighting and double-paned windows throughout as well as a propane on-demand water heater and cooktop for efficient comfort. Other kitchen features include a full-sized refrigerator with freezer and stainless-steel sink with a deep basin and butcher block countertop.Nestled safely along the Animas River, this serene neighborhood offers a rare balance of privacy, natural beauty, and convenience. Just 3 miles from Fort Lewis College and a 10-minute walk to Historic Downtown Durango, You'll enjoy direct access to the Animas River and a private community island for swimming and relaxing in the summer months and scenic walks and access to the river trail for year-round simplicity. Only a 2-minute walk to the cashless, app-operated community laundromat (get a text when your laundryâ??s done!) and community gardens.
Durango Gelato is a well-established, locally loved gelato and coffee shop located in the heart of downtown Durango in the bustling Main Mall. With high foot traffic, a loyal customer base, and a reputation for top-quality gelato, this small business offers a rare opportunity for entrepreneurs or investors seeking excellent returns in a vibrant mountain town. All aspects of the business are included; business name/license, in-place lease, equipment and inventory. Whether you're a foodie with a dream or an investor looking for a profitable venture, Durango Gelato is ready for its next chapter.
Rare opportunity to acquire a clear span metal building in Durango, CO. Currently the premises is built-out into two large rooms (approx 50x65') with 14' plate height and 18' center. No load bearing walls exist on the interior, the property has ample parking with two access points all situated on over 1.5 acres in one of the highest traffic areas of Durango. Also available For Lease @ $12/sqft/yr NNN.
Expansive views from this country cabin style lodge unit! This unit has (2) queen beds, carpet and tile flooring and a great feeling of space and light. Enjoy views of the San Juan mountains and the world renowned Glacier Club Golf Course right from your own mountain condo! The kitchen offers plenty of cabinet space, toaster oven, stainless steel sink, 2-burner cooktop, refrigerator and microwave. The bathroom has an updated large vanity with plenty of storage and counter space and a tub/shower combo. Walk to the Cliffside Restaurant within the Lodge, the nearby fitness center, the pro shop and Mineshaft restaurant. Purgatory ski and summer resort is just a 12 minute drive North, Durango is only 18 minutes South of the resort and Glacier Club offers memberships no only including golf but also gives you access to their indoor and outdoor pools, hot tub, play ground and fitness center. This unit comes fully furnished with housewares, linens and is waiting for the new owners to enjoy it as much as the current owners have. Come and enjoy all that Tamarron and Durango have to offer!!
Cozy Ski-In/Ski-Out Fractional Ownership at Purgatory Resort with Christmas dates this year (12/12-12/25)! Experience affordable mountain ownership (owners get approximately 12 weeks out of the year on a set schedule) with this charming end-unit quartershare located on the top floor of the Kendall Building, right at the base of the slopes. Enjoy a convenient ski-in/ski-out location with a spacious private balcony-perfect for taking in the alpine views. This fully furnished, turn-key studio condo has been tastefully updated and features a wood-burning fireplace, creating a warm and inviting atmosphere for après-ski afternoons. Ownership is shared among four owners, with all costs split evenly, and the flexibility to place owner weeks into the rental pool for additional income potential. Owners enjoy exclusive access to resort amenities, including a pool, hot tub, fitness center, tennis and pickleball courts, game room, and the ownerâ??s lounge and restaurant. A permitted parking space and private ski locker are added extra bonuses while in residency. Make mountain living at Purgatory Resort a reality-Ski season is just around the corner!
Luxury Castle-Style Home in the Heart of the San Juan Mountains with Private pond on ample acreage Square Footage: â?¢ Indoor Living Space: 7,488 sq ft (heated) â?¢ Outdoor Patio & Decks: 5,150 sq ft (heated) Description: Nestled in the picturesque San Juan Mountains, this custom-built, castle-style estate offers unparalleled luxury, comfort, and convenience. With breathtaking mountain views and a prime location just 5 minutes from Purgatory Ski Resort and 25 minutes from Durango, this home is a dream come true for outdoor enthusiasts and those seeking a mountain retreat. Features Include: Walk in refrigerator Heating & Comfort: Zone-controlled hydronic heating system for optimal comfort throughout. Fully heated outdoor patios, decks, and all-site concrete for ice meltâ??no snow shoveling required! Water & Utilities: â?¢ Reliable 30-gallon-per-minute well. â?¢ 1,000-gallon buried propane tank for extended heating and cooking needs. â?¢ Satellite internet to stay connected in your mountain getaway. â?¢ Safety & Convenience: â?¢ Full fire suppression system for peace of mind. â?¢ Walk-in refrigerator for ample food storage, ideal for entertaining. â?¢ Premium Location: â?¢ Minutes from world-class skiing, hiking, and biking trails. â?¢ Close proximity to the charming town of Durango for dining, shopping, and cultural experiences. Exterior & Design: This home is a true masterpiece, blending modern amenities with timeless castle-inspired architecture. Its expansive outdoor living spacesâ??spanning over 5,000 square feetâ??are perfect for hosting gatherings or enjoying tranquil evenings under the stars. Donâ??t miss this once-in-a-lifetime opportunity to own a luxurious, low-maintenance mountain estate in one of Coloradoâ??s most sought-after locations.
Experience mountain living at its finest in this gorgeous ski-in/ski-out luxury condominium, perfectly positioned in the most desirable location at Purgatory Resort. With upscale finishes, elegant furnishings, and every resort amenity right at your doorstep, this residence offers the ideal blend of comfort, style, and convenience. The unit offers two spacious bedrooms, each with a full en-suite bathroom, creating two primary suites for maximum comfort and flexibility. The bedrooms are thoughtfully positioned on opposite sides of the main living area, providing enhanced privacy for owners and guests alike. The south-facing orientation provides abundant natural light and access to a private deck with scenic views of the slopes and main lift as well as the Needles Mountains. The open-concept kitchen, dining and living room create an ideal setting for entertaining. Recently updated wood-look tile flooring enhances the main living area. Additional features include a full-size washer and dryer and a pantry within the unit. This property is the only ADA-rated unit in the building, offering enhanced accessibility and a strong record as a successful short-term rental. DMMA membership provides access to a full suite of resort amenities, including: Heated parking garage (this unitâ??s assigned space is extra wide), private ski locker, year-round heated pool and hot tub, private restaurant lounge and bar, fitness facility and spa, tennis courts, and more. Beautifully appointed and offered fully furnished, this turn-key residence is ready for immediate enjoyment or rental. A rare opportunity to own a premier luxury property in the heart of Purgatory Resort, (a two bedroom unit in this building has not been offered for sale for over 4 years)! Don't miss this one!
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.
Experience the beauty of the Hermosa Valley with this move-in-ready 3-bed, 2-bath home in the peaceful Hermosa Mobile Home Park. Set against the stunning backdrop of the Animas Valley, this home offers affordable living in Durango without sacrificing comfort or style. Built in 1997 and offering 1,216 sq. ft. of living space, youâ??ll love the functional, open floor plan and thoughtful updates throughout. The spacious living area flows into the kitchen and dining room, creating a warm, inviting feel. Each bedroom offers generous space and natural light, while the primary suite includes a private bath for extra convenience. All park-required repairs have already been completedâ??just move in and enjoy. Lot rent is $750/month and includes water, sewer, trash, and seasonal irrigation. All buyers must be approved by Hermosa Mobile Home Park prior to purchase. Enjoy the serenity of valley living with quick access to Durangoâ??s amenities. This is your chance to own an updated home in one of the most beautiful and accessible areas of Southwest Colorado.
Welcome to this exceptional townhome in the highly sought-after Mountain Trace subdivision. This stylish unit features two bedrooms and two-and-a-half bathrooms, thoughtfully designed above a spacious two-car tandem garage. Step up to the main level, where an open-concept living area showcases high ceilings and abundant natural light, creating an inviting and airy atmosphere. Carpeted areas replaced with new Stonecore luxury vinyl flooring in 2024. New Samsung Washer and Dryer in laundry room. The kitchen is beautifully appointed with quartz countertops, stainless steel appliances, subway tile backsplash, and under-cabinet lighting. A generous island with bar seating flows seamlessly into the dining area, and the private decks are perfect for enjoying your morning coffee. Warm wood flooring carries you into the living room, plus a bonus room, and a powder bath on this level. Upstairs, you'll find two large ensuite bedrooms, each with its own bathroom and split closets for optimal storage. The north bedroom includes its own private deck with spectacular mountain views. Located on Metz Lane, this townhome offers the best of Durangoâ??s convenience and lifestyle â?? just minutes from downtown, the Animas River, trails, restaurants, cafés, and everyday amenities. Enjoy low-maintenance, in-town living in one of Durangoâ??s most desirable neighborhoods. Donâ??t miss this opportunity!
This bright, cozy, move-in ready condo is perfect for a home owner or investor. You can conveniently walk to Fort Lewis College, bike to downtown, or hit up one of Durango's trailheads nearby. Through the front door is the living room, which opens up to the dining area and kitchen. On the left is a short hallway with the doorways leading to the spacious bedroom and bathroom. This home is equipped with Stacked washer and dryer, located in their own closet in the bathroom. And not only is the location perfect, but it has a a reserved parking spot right out front. Community exercise facility, business center, and spa are additional benefits! Low HOA includes exterior maintenance, water sewer trash, internet and basic Cable TV!
As one of the original homes in this buzzing new subdivision, you get the rare advantage of a peaceful backyard retreat and a front-row seat to watch this vibrant community come to life. Privacy and no neighbors directly behind you, this home is one of the very few homes in the neighborhood that backs up to open space! Just minutes from downtown Durango, Elevation Park at Hope Springs is more than a neighborhood â?? itâ??s a lifestyle. With plans for new homes, stylish townhomes, a dog park, and more on the horizon, this is the perfect blend of serenity and excitement. In this stunning 3-bedroom, 2-bathroom + office, this home brings the perfect blend of modern design and peaceful surrounding. Inside, youâ??ll find vaulted ceilings and a bright, open layout ideal for everyday living and entertaining. Your main-level primary suite offers ease with the walk-in closet, views out into the fenced back yard and open space, and quick access to the laundry room that is equipped with a tankless water heater ensuring energy efficiency and on-demand comfort. The living room opens directly to the back patio, creating a smooth indoor-outdoor flow, and an additional closet that is prepped to convert into a powder bath! Upstairs are the 2 bedrooms and a shared bathroom. Whether you're working from home in the dedicated office or unwinding in the peaceful backyard, this home has space and style and is conveniently located 15 minutes from Downtown Durango and just a quick drive to the amenities at Three Springs and Mercy Hospital. Grow roots, or pick the perfect spot to have your next long term rental in one of the newest neighborhoods in Durango!
Discover a unique multi-use property for sale or lease, blending historical charm with modern functionality. For over three decades, this 1914 square-foot building has housed Sander's Skin Care Center, a testament to its enduring quality and inviting atmosphere. Every detail, from the meticulously maintained interior to the immaculately kept exterior, reflects years of dedicated care. Nestled on a generous, over half-acre parcel in the highly sought-after North Main corridor, this location offers unparalleled convenience and visibility. The expansive grounds boast stunning, well-maintained irrigated landscaping, creating a serene and picturesque environment that welcomes clients and visitors alike. Complementing this natural beauty are 15 ample paved parking spaces and a storage shed, ensuring easy access and convenience for everyone. The single-level southwestern-style building features a lovely design, offering a unique architectural aesthetic that stands out while providing a practical and adaptable layout for a variety of potential uses. The current layout invites you through a covered entry into a waiting room equipped with a cozy gas fireplace. Inside, you'll find four office spaces, a break room, multiple treatment/lab rooms, a half bathroom, and a ¾ bathroom. This property isn't just a building; it's a legacy, ready to embark on its next chapter.
Incredible Investment Opportunity in Durango! This exceptional duplex offers everything you could desire! Enjoy stunning views, great outdoor space, and easy access to hiking at Animas Mountain right outside your door, all just minutes from downtown. The south unit features 3 bedrooms, 2.5 bathrooms, a spacious laundry room, a fabulous outdoor deck, and covered parking, all recently refreshed in 2024 with new paint, appliances, and updated windows in the master and bathroom. The north unit has undergone a generous expansion in 2004, adding 1,008 square feet to create a 4-bedroom, 3.5-bathroom home plus an office. It boasts an oversized laundry room with a utility sink, an additional family room, covered parking, a storage unit in the back, and a complete mudroom for all your adventure gear! Plenty of deer and abundant wildlife wonder the yard on a regular basis which make this a Durango-life dream property! Both units are fully rented at premium rates until May 31, with tenants eager to extend their leases if the buyer wishes to maintain rental income on one or both sides. This versatile property is a must-see: live in one unit and rent out the other, or continue renting both for maximum income potential!
Three Springs commercial parcel offering excellent visibility from both Wilson Gulch Road and Highway 160, ideally situated near the US Highway 160 and US Highway 550 intersection. Located within Durangoâ??s fastest-growing commercial district, this lot is perfectly suited for retail, service, or mixed-use enterprises. This .98 acres of level land is build-ready and positioned adjacent to the Subaru Dealership, behind Durango Pet Resort, and near other new commercial developments. Given the limited availability of commercial sites in the Durango area, this parcel represents a rare opportunity for those seeking a prime, high-traffic location.
Welcome to 157 Window Lake Trail, a quaint and cozy home located in the tall pines of desirable Edgemont Highlands. Set on a .29 acre lot bordering open space on two sides, this lot lives large and affords additional privacy. Thoughtfully designed for comfort, privacy, and style, the 1959 SF home offers 3 bedrooms, 3 full bathrooms, and an attached 2-car garage. The open-concept living area showcases vaulted ceilings and natural light while capturing the beauty of the outdoors. The three-sided gas fireplace with a stone surround adds warmth and ambiance. The kitchen features upgraded cabinetry, granite counters, stainless steel appliances including a 5-burner gas cooktop, a spacious breakfast bar, and walk-in pantry. The main-level primary suite features a spacious walk-in closet and a spa-inspired bathroom with a custom-tiled shower, soaking tub, dual sinks, and granite counters. A second bedroom with an adjacent full bath is privately situated on the opposite side of the main level. The third bedroom and an additional full bath are located upstairs, offering a flexible layout perfect for guests or family. A loft area upstairs provides an additional living space. Outside, the trex deck is perfect for outdoor entertaining and access to the fenced yard area, perfect for pets and kiddos. Located in one of Durangoâ??s most popular subdivisions, residents enjoy over 200 acres of dedicated open space throughout the subdivision with access to miles of groomed walking and hiking trails and over a mile and a half of access to the Florida River fly fishing and wildlife watching. Pre-inspection is available upon request.
Newly Remodeled, End of Hallway Privacy, Luxury Tamarron Condo â?? Turnkey & Stylish! Experience modern mountain living in this beautifully remodeled and completely turnkey Tamarron condo! Conveniently located at the end of the hallway, this unit offers added privacy, easy outdoor access for your furry friends, and close proximity to the community patio area. This bright, inviting space features a clean, contemporary design with all-new finishes throughout â?? including luxury vinyl flooring, fresh texture and paint, new lighting, and stylish furnishings. The kitchen has been fully upgraded with new cabinets, countertops, backsplash, sink, faucet, and modern appliances including a glass cooktop and full-size 33â? refrigerator. The bathroom showcases a spa-like feel with new tile flooring, a walk-in shower, updated piping, new vanity, mirror, and fixtures â?? all thoughtfully designed for both style and function. Enjoy beautiful golf course and Missionary Ridge views right from your unit, surrounded by the natural beauty of the San Juan Mountains. Whether youâ??re looking for a full-time home, a vacation retreat, or a rental investment, this property is ready to impress â?? sold fully furnished and rental-ready! Tamarron owners enjoy access to optional resort-style amenities, including indoor and outdoor pools, hot tubs, a top-tier fitness facility with steam room and sauna, tennis and pickleball courts, and world-class golf at the Glacier Club. With three on-site dining options and easy access to Durangoâ??s year-round recreation, this is mountain living at its finest. Come see why Tamarron is one of Durangoâ??s most desirable communities â?? your newly remodeled mountain retreat awaits!
Welcome to Edgemont Highlands â?? Durangoâ??s premier mountain community. At the end of a quiet cul-de-sac, 65 Mill Creek Court offers an exceptional 0.35-acre gently sloping homesite surrounded by mature ponderosa pines and the serene natural beauty that defines this coveted neighborhood. Enjoy miles of private hiking and biking trails, more than 200 acres of dedicated open space, a community clubhouse and exclusive fishing rights along the Florida Riverâ??all just minutes from downtown Durango. All utilities are available, including central water and sewer, natural gas, electric, and high-speed internet, providing an easy start for your build. Seller has a complete set of architectural drawings for a contemporary mountain home that may be purchased separately, offering an inspired starting point for your vision. Just down the road, residents enjoy the Meadow Market, a vibrant community gathering spot featuring live music, a cozy bistro, and options for dining in or take-out. Whether youâ??re looking for a full-time residence or a year-round mountain retreat, this property combines privacy, convenience, and lifestyle in one of Durangoâ??s most desirable settings. 65 Mill Creek Court Edgemont Highlands Durango, Colorado A rare opportunity to design and build your dream home where nature, community, and comfort meet.
Mesa Ridge is a dream destination for those seeking the perfect blend of nature, community, and convenience. Being located just 10 minutes from historic downtown Durango, and being close to the regional hospital, and the airport adds an extra layer of convenience. The emphasis on an active lifestyle with access to hiking and biking trails, along with community amenities like a future community park, ponds, and walking trails, sets Mesa Ridge apart as a place where residents can truly thrive and connect with nature and each other. Every aspect of Mesa Ridge has been carefully designed to enhance the overall quality of life for its residents, making it not just a place to live, but a destination for living well and creating lasting memories. Welcome to this inviting 3-bedroom, 2-bathroom home designed with comfort and style in mind. Step inside to discover an open layout that seamlessly connects the spacious living area and the modern kitchen, creating the perfect space for entertaining or relaxing. The kitchen features stainless steel appliances and ample counter space with Silestone Quartz countertops. Natural light floods the home through large windows, accentuating the stunning mountain views. Durable and stylish, the Waterproof Interlocking Luxury Vinyl Plank Flooring runs throughout the home, while the bathrooms boast timeless tile for a polished look. The primary suite offers a peaceful retreat with a roomy en-suite bathroom, complete with a walk-in closet, a luxurious shower, soaking tub, and elegant tile finishes. The additional bedrooms are generously sized. Step outside to the wonderful back porch, where you can enjoy privacy and breathtaking views of the majestic La Plata Mountains. This outdoor space is perfect for sipping your morning coffee, hosting a barbecue, or simply soaking in the serene surroundings. This home combines practicality with luxury and is ready for you to move in and enjoy. Donâ??t miss the chance to own this stunning mountain-view retreat in the heart of the Mesa Ridge Subdivision! *Some of the pictures have been virtually staged.
The 2180 Main Ave building presents a rare and compelling opportunity to acquire a meticulously renovated, premier commercial building located in the heart of Durango, Colorado. Boasting a long-term NNN lease with a well-established, successful tenant, this property offers a stable income stream and an attractive return on investment with a cap rate of 5.2%. The propertyâ??s prime location, coupled with a beautiful building and robust lease structure, makes it an ideal addition for investors seeking to diversify their portfolio with a high-performing asset in a desirable market. Acquired by the current owner in 2006, this commercial building underwent a comprehensive, top-to-bottom renovation that transformed it into a modern, highly functional facility. The property features a substantial 5,591 square feet of heated, finished commercial space, perfectly suited for a variety of business operations. In addition to the primary commercial area, the building also includes an impressive 2,688 square feet of dedicated warehouse space, providing ample storage, logistics, or operational support capabilities. These extensive renovations ensure the building meets contemporary standards and minimizes future capital expenditures for the discerning investor. A key highlight of this investment is the exceptionally strong tenancy. The current tenant, a highly reputable business with a proven track record of over 20 years in the community, is not for sale; rather, this offering focuses solely on the real estate. The tenant currently operates under a robust 5-year NNN (Triple Net) lease agreement. This favorable lease structure places the responsibility for property taxes, insurance, utilities and maintenance squarely on the tenant, thereby minimizing landlord responsibilities and maximizing net operating income for the investor. Furthermore, the lease includes an attractive option for the tenant to extend for an additional 5 years, providing potential for even longer-term income stability and predictability. This established and reliable tenant base significantly de-risks the investment and ensures a consistent cash flow.
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.
