1437 E 2nd Ave
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1437 E 2nd Ave
13,175 SF Industrial Building Durango, CO 81301 $2,724,733 CAD ($207 CAD/SF)
Investment Highlights
- 5000 SqFt of warehouse space aswell as finished offices, conference rooms, bathrooms, reception area, and work areas
- City will allow building to goup to 55’ opening up possibilities for a 3rd floor or rooftop patio
- There are two loading docks on the back side of the building
- Continue to use as a commercial property, or renovate to residential units, or both
- This property is also in the Mid-Town Urban Renewal Authority area so itcould be eligible for some redevelopment incentives
Executive Summary
A rare opportunity to own a large commercial property in downtown Durango! This property features nearly 5000 Sq Ft of warehouse space as well as finished offices, conference rooms, bathrooms, reception area, and work areas. With the size and downtown location of this property, the opportunities are endless. Continue to use as a commercial property, or renovate to residential units, or both!. City will allow building to go up to 55’ opening up possibilities for a 3rd floor or rooftop patio. This property is also in the Mid-Town Urban Renewal Authority area so it could be eligible for some redevelopment incentives. There are two loading docks on the back side of the building. Formally used as a printing shop, this well cared for investment property is ready to be handed over to the next owner. There are very few buildings in downtown Durango with this amount of space.
Property Facts Under Contract
| Price | $2,724,733 CAD | Lot Size | 0.21 AC |
| Price Per SF | $207 CAD | Rentable Building Area | 13,175 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1953 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Opportunity Zone |
Yes
|
| Price | $2,724,733 CAD |
| Price Per SF | $207 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.21 AC |
| Rentable Building Area | 13,175 SF |
| No. Stories | 2 |
| Year Built | 1953 |
| Tenancy | Single |
| Opportunity Zone |
Yes |
Amenities
- Signage
Utilities
- Lighting
- Gas
- Water - City
- Sewer - City
- Heating
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Walk Score ®
Very Walkable (87)
Bike Score ®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | R008470 | Improvements Assessment | $278,683 CAD |
| Land Assessment | $231,229 CAD | Total Assessment | $509,912 CAD |
PROPERTY TAXES
Parcel Number
R008470
Land Assessment
$231,229 CAD
Improvements Assessment
$278,683 CAD
Total Assessment
$509,912 CAD
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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1437 E 2nd Ave
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