1401 Main AveDurango, CO 81301

Property Details for 1401 Main Ave

Year built

1957

Lot size

0.41 AC

Property size (Sq ft)

4,550 SF

Property type

Land

Property subtype

Commercial land

APN

5665-203-34-007

APU

566520334007

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $979,803

  Hospitality

  $897,494

  Educational

  $746,705

  Medical

  $772,385

  Retail

  $1,161,541

Location Insight

City

Durango

County

La Plata

State

Colorado

Latitude

37.2791

Longitude

-107.879

CBSA code

20420

CBSA name

DURANGO, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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