A rare opportunity to own a piece of Durango history! This is the only building of it's kind on the current market and will surely be a hot item among investors This building has history, character, charm and certainly tells a story of life in Durango. If only the walls could talk. The location is prime and the price is aggressive. This property will not be on the open market long. Located in the highly sought after downtown business district, the listing includes a Mixed use Residential and Commercial space. Currently 100% leased with a cap rate of nearly 6%. Features include two residential apartments on the 2nd level. The front unit is currently leased as a 2 bedroom 1 bath apartment; the back apartment is a 3 bedroom 1 bath. The Steaming Bean (business not for sale and not part of the listing) occupies the commercial space. There is plenty of opportunity for future development or reinventing the space.
Off market
$1,254,300
915 Main Ave, Durango, CO 81301
5beds
3baths
4,384sqft
MultiFamily
Built in 1892
-- sqft lot
$1,254,300 Zestimate®
$286/sqft
$3,724 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 4,384 sqft
Property
Features
- Has spa: Yes
Lot
- Size: 2,178 sqft
Details
- Parcel number: 566529215009
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1892
Community & neighborhood
Location
- Region: Durango