Durango, CO 81301,2901 Main Avenue
$899,990
$899,990
Est.Price: ?

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3 BA
4,426 SqFt

2901 Main Avenue Durango, CO 81301

Est. payment /mo
SOLD DATE : 03/10/2023

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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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Colorado Real Estate Network (CREN) + Sold
Listed by The Wells Group of Durango, Inc.

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Jen Stein

Broker Associate | License ID: FA100096567

+1(970) 318-9300

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