$935,000
( $389.58Per Sq Foot )
 $5,019 est/mo Sourced by Back At You

1053 Main Avenue,Durango, CO 81301

Durango, CO 81301

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Description

Welcome to 1053 Main Avenue Durango Colorado... Located in the bustling historic district of beautiful downtown Durango is a rare opportunity for you to own commercial / retail space fronting Downtowns Main Avenue. With 2 store fronts and 4 additional office spaces, the possibilities are endless, including the potential to add a second story residence (buyer to confirm) Building is a separate parcel and NOT part of any HOA or covenant restrictions. The building consists of approximately 2400 sq' of highly desirable commercial and retail space that has not had a vacancy in years..! The 2 store fronts and four additional suites are all accessed at street level with front and rear entrances creating a layout that works well for both retail and office use. The interior has had many improvements and the exterior has a recently painted façade along with an incredible mural by local artist Jenn Rawling recently completed on the south wall. Here's your opportunity to get into the Downtown Durango Historic Main Avenue market. Keep it as is or bring your vision and renovate this historic building to expose the original tall ceilings and old stone walls hidden within. Competitively Priced @ $935,000 with a possible assumption of remaining note balance @ 5.25% and potential private financing to qualified approved buyer. Call today and become an integral part of this amazing community we call Durango.

Details

MLS#819128
Listing TypeFor Sale
StyleRetail
Building NameRetail / Office
Sub-TypeResale
StatusPending
Year1902
Days On Site199
Listing Provided ByHomeSmart | Michael Ryan

Features

Bath(s) 2 Total
SQ Feet2,400
Story(s)1
Units6
Acreage0.06

Market Activity 81301

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Listings Checked: 23 minutes ago
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$935,000
low | high
Med:
$775,000
67.112299465241% of Average
SqFt:
2,400
low | high
Med:
2,539
44.208333333333% of Average
$ / SqFt:
$390
low | high
Med:
$305
71.650066450011% of Average
On site:
199
low | high
Med:
13.000000
100% of Average
Sourced by Back At You
Listing Updated: May 13, 2025 at 5:52:52 PM PDT