For Sale
$1,875,000

1401 Main AveDurango, CO 81301

High-visibility corner lot, redevelopment opportunity.

Overview

Added:
Feb 3
Days on market:
62
This exceptional 0.41-acre mixed-use property at 1401 MAIN Avenue in Durango, Colorado, presents a unique investment opportunity. Boasting 4,550 square feet, the site enjoys one of the most prominent corner locations in Durango, situated near the Animas River swinging bridge, the Powerhouse Science Center, and the River Trail. Currently underutilized, the existing building offers significant redevelopment potential. Conceptual designs exist for a three-story structure incorporating under-building parking, with a mixed-use configuration featuring commercial/office space on the lower level and residential units above. However, the property's prime location and zoning allow for a variety of development concepts to suit a buyer's vision. This rare downtown Durango parcel is ideally positioned within the New Urbanization Zone, benefiting from enterprise and opportunity zone designations. The high visibility and proximity to key attractions make this an exceptional opportunity for investors seeking a high-impact project in a thriving Colorado community. The property's size and location offer significant upside for future development and returns. Serious inquiries are encouraged to explore the possibilities of this remarkable downtown Durango asset.

Property Details for 1401 Main Ave

Property type
Mixed-use properties
Square Feet
4,550 SF
Year Built
1957
Lot Size (sq. ft)
17,860 SF

Location Insight

City
Durango
County
La Plata
State
Colorado
Latitude
37.27921
Longitude
-107.8792
1401 Main Ave, Durango, Colorado

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1401 Main Ave
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