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About This Home
This 0-bedroom, 0-bathroom commercial at 1043 Main Avenue in Durango, CO is listed for $2,050,000 ($137 per sqft). the home offers 15,000 sqft of living space on a 0.35 acres lot.
Christina M Rinderle, Durango Land and Homes, C:,,: Development Opportunity in the Heart of Downtown! Rare opportunity for an investor to purchase the core of this development parcel comprising the 1027 Main Ave art gallery building, entire surface parking lot, and approximately 4,000 sq ft of underground workshop / warehouse space IN ADDITION TO 3
2 PARKING SPACES located behind this parcel along the private parking strip on the west side of Narrow Gauge Ave. This is the ideal holding place for your 1031 investor or someone who would rather have their funds in real estate rather than stocks. See renderings to illustrate a portion of one option for the potential redevelopment as the second ph
ase of the successful Crossroads Durango building, or reimagine this prime downtown lot as your own mixed-use building. This option offers a 0.35 Acre purchase that can be redeveloped into a variety of options, such as mixed use retail and residential rentals or condos, luxury hotel, commercial office space, etc..
The site could accommodate an estimated 35-36 parking spaces in a future underground garage for your redevelopment, providing a rare opportunity for on-site PLUS 32 rear parking spaces in the midst of a vibrant downtown. Contact agent for details and option to purchase this with or without the rear parking parcel. See MLS #834044.
Key Features
- 0.35 acre lot
Property Details
Monthly Cost Estimate
$10,964/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1043 Main Avenue
Durango, CO 81301
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1043 Main Avenue is listed at $2,050,000 ($137/sqft). The estimated monthly payment is $8,883 based on 20% down at 6.5% interest.
Key features include: 0.35 acre lot.
This property is listed by Christina Rinderle and can be reached at 9709462279 or christina@dgohome.com.
