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2901 Main Avenue Durango, CO 81301
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Key Details
Sold Price $899,990
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 4,426 sqft
Price per Sqft $203
Subdivision Animas City
MLS Listing ID 797292
Sold Date 03/10/23
Half Baths 2
Three Quarter Bath 1
Year Built 1978
Annual Tax Amount $7,262
Tax Year 2022
Lot Size 0.290 Acres
Acres 0.29
Property Description
This property is in the path of redevelopment located on an excellent corner. There are not many corners available on North Main Durango (this is currently the only one). There has been some great energy developed on North Main over the past few years including the new Zia Taqueria, Home Slice moving in next door, the Union Social House, and Sage Farm Fresh Eats to name a few. There are benefits currently for redevelopment in the Uptown area of Durango that can assist with some development costs and some eventual income tax savings. This is priced at approximately $220 per sf for a finished space. If a buyer purchases for complete redevelopment, the lot value at the listed price is $77 per sf. The property can be a mixed use development as well with residential in upper floors and retail, service or restaurant downstairs.
Location
State CO
County La Plata
Interior
Heating Boiler
Cooling Evaporative Cooler
Flooring Brick, Carpet, Tile
Furnishings Unfurnished
Exterior
Garage Paved, Off Street, 10-20 Total Spaces, In Rear of Building
Utilities Available Electric, Internet, Natural Gas, Phone, Sanitary Sewer, Water
Waterfront No
Roof Type Metal
Building
Story 2
Foundation Slab
Sewer Public Sewer Available
Water Public, Tap Installed Paid, Water Installed
New Construction No
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