144 E 9TH St | Durango, CO 81301
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
144 E 9TH St
Durango, CO 81301
Retail Property For Sale
Investment Highlights
- Location just 1/2 a block from Main Street
- Set up for fine dining or casual restaurant with furniture included
Executive Summary
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 fully 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 men’s and ladies’ 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,919 SF
Building Class
A
Year Built/Renovated
1900/2020
Price
$1,220,983 CAD
Price Per SF
$248 CAD
Percent Leased
59%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.41
Lot Size
0.08 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
2 Spaces (0.41 Spaces per 1,000 SF Leased)
Frontage
75 ft on 9 Th Street
Amenities
- Restaurant
PROPERTY TAXES
| Parcel Number | R004646 | Improvements Assessment | $332,510 CAD |
| Land Assessment | $0 CAD | Total Assessment | $332,510 CAD |
PROPERTY TAXES
Parcel Number
R004646
Land Assessment
$0 CAD
Improvements Assessment
$332,510 CAD
Total Assessment
$332,510 CAD
1 of 60
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
