1474 Main AveDurango, CO 81301

  • Land
  • 20,264 SF
For Sale
$4,200,000 View listing

Property Details for 1474 Main Ave

Year built
1940
Lot size
0.34 AC
Property size (Sq ft)
20,264 SF
Property type
Land
Property subtype
Commercial land
APN
5665-203-33-001
APU
566520333001

Description

This exceptional 20,264 square foot retail building, located at 1474 Main Avenue in Durango, Colorado (81301), presents a remarkable investment opportunity. Situated on a 0.52-acre lot, this two-story structure boasts a prime location at the bustling intersection of Main Avenue and 15th Street, ensuring high visibility and significant foot traffic. Completely renovated in 2019, the building features a new fire suppression system, HVAC, plumbing, electrical, roof, flooring, elevator, and exterior stucco. Interior finishes include ceramic tile in entryways and bathrooms, and carpet tile throughout the remainder of the space. The property includes two private storage rooms, one office, a mechanical room, a utility room, and four bathrooms (two upstairs, two downstairs). Ample parking is provided with 20 spaces. The property is zoned Commercial/Retail and offers tremendous potential for owner-use, leasing, or redevelopment. The asking price is $4,200,000, with a price per square foot of $207.26. The APN is 566520333001. This is a rare opportunity to acquire a meticulously updated, high-visibility commercial property in the heart of Durango.

1474 Main Ave, Durango, Colorado

Location Insight

City
Durango
County
La Plata
State
Colorado
Latitude
37.2795
Longitude
-107.878
CBSA code
20420
CBSA name
DURANGO, CO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,795
$301,110
$286,560
$587,670
-
$1,079,240
$1,027,100
$2,106,340

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