$595,000

765 College Drive 1 And 1b

Durango CO, 81301

Description

Great visibility and easy main floor direct access to this nicely appointed office space along College Drive with SIX (6) dedicated parking spaces, ideally located just minutes from both downtown Durango and Fort Lewis College. Perfect for an investor or someone looking for a 1031 exchange, this space currently has a multi year lease in place to a national corporation though April 2022 WHICH PRODUCES 6%+ CAP RATE. Up to 8 private offices plus large lobby/reception/waiting area, kitchen and handicap bath plus another 1/2 bath. Additionally, there is a large attached office (263square foot) with a separate entrance, perfect for another private space, meeting room with easy access, or potential sublet space. Attractive well-maintained construction and landscaping. See attached for floor plans and additional information.

Details

MLS#775363
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year2000
Days On Site19

Features

SQ Feet1,882
Story(s)1
Units2
Zoningmixed use

Market Activity 81301

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Area Information
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$595,000
low | high
Med:
$355,000
90.336134453782% of Average
SqFt:
1,882
low | high
Med:
0
100% of Average
$ / SqFt:
$316
low | high
Med:
$0
100% of Average
On Site:
19
low | high
Med:
779
2.439024390244% of Average
Listing Updated: 10/27/2020
Christina Rinderle LogoMLS Number: 775363
Listing Provided By:
Christina Rinderle  of  Durango Land and Homes

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