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About This Home

This 0-bedroom, 7-bathroom commercial at 145 E College Drive in Durango, CO is listed for $2,475,000 ($511 per sqft). Built in 1948, the home offers 4,840 sqft of living space on a 0.12 acres lot.

Agent Description

Deven Meininger, The Wells Group of Durango, LLC, ,,: The Sunburst building, with an adjacent developable lot, is steps away from the vibrant crossroads of College Drive/ Main Ave. and one short block to the historic Durango-Silverton train depot. The train attracts 225,000 yearly passengers and contributes $525,000,000+ to our local economy.

This dynamic building and adjacent lot with coveted alley access is prime for redevelopment or long term investment. The building has been very well maintained by the owners and tenants, and enjoys a long history of stable occupancy with three renovated leased spaces, two at street level and one upstairs (the businesses are not for sale).

There are options to reconfigure the space for more units or merge for larger spaces. The attractive exterior presents unparalleled street and passerby visibility with large showcase windows and lighted space for signage.

Key Features

  • Built in 1948
  • 0.12 acre lot

Property Details

3 full, 4 half
1948

Monthly Cost Estimate

$13,237/mo

20% down · 6.5% · 30 years

Principal$1,790
Interest$10,725
Insurance$722

Estimates only. Actual payments may vary.

Location

145 E College Drive

Durango, CO 81301

Questions & Answers

This 0-bedroom, 7-bathroom commercial at 145 E College Drive is listed at $2,475,000 ($511/sqft). The estimated monthly payment is $10,725 based on 20% down at 6.5% interest.

Key features include: Built in 1948, 0.12 acre lot.

This property is listed by Deven Meininger and can be reached at 9709038316 or deven@wellsgroupdurango.com.

DM

Deven Meininger

Agent at Wells Group Real Estate

(970) 903-8316

Listed by Wells Group Real Estate

MLS# 814176· Source: listhub· Updated today

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145 E College Drive, Durango, CO 81301

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