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TBD Main Avenue, Durango, CO 81301

  • $2,450,000

  • MLS#: 688622

Listing Presented By

Christina Rinderle
Durango Land and Homes
(970) 828-2222

Multi-Use w/Res - Durango, CO

Christina M Rinderle, Durango Land and Homes, C: 970-946-2279,, Development Opportunity in the Heart of Downtown! Rare opportunity for an investor to purchase this entitled development parcel with several rentals in place and a total of 75 current parking spaces, which together cash flow approx $10,000/ month. 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 the potential for the future site development as the second phase of the successful Crossroads Durango building. The development package includes the 1/2 acre parcel with existing rentals & 15 parking spaces, in addition to 60 parking spaces along the west side of Narrow Gauge Ave. Also included are the following: Full set of Architectural ?Design Development? drawings previously approved by the City of Durango, Phase 2 equipment/amenities installed in Phase 1:? 4 pipe heating/cooling central plant sized for 2nd Phase, in place? 2 of 3 designed elevators for P-1 and P-2, in place? Fire sprinkler service entry and associated equipment for both phases, in place? Security system equipment and infrastructure both phases, in place? Water tap for both phases in place? Public bathrooms at 1st, 2nd, and 3rd floors, sized for both phases, in place? ?in lieu of? parking for 8.38 spaces valued at $13,500 per space.

  • $2,450,000
  • Commercial
  • MLS#: 688622
  • Square Footage: 20,735
  • Last Updated: February 7, 2018
  • Posted: December 5, 2014

TBD Main Avenue, Durango, CO 81301 MLS#: 688622

TBD Main Avenue, Durango, CO 81301 is an , Commercial in Durango, Colorado for $2,450,000 with MLS#: 688622 and offered by Christina Rinderle of Durango Land and Homes. To learn more about TBD Main Avenue, Durango, CO 81301 contact Christina Rinderle for more information or to request a showing.

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