1043 Main Avenue,Durango, CO 81301
Durango, CO 81301
Description
Development Opportunity in the Heart of Downtown! Rare opportunity for an investor to purchase the core of this development parcel comprising the 1027 Main Ave art gallery building, entire surface parking lot, and approximately 4,000 sq ft of underground workshop / warehouse space IN ADDITION TO 32 PARKING SPACES located behind this parcel along the private parking strip on the west side of Narrow Gauge Ave. 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 a portion of one option for the potential redevelopment as the second phase of the successful Crossroads Durango building, or reimagine this prime downtown lot as your own mixed-use building. This option offers a 0.35 Acre purchase that can be redeveloped into a variety of options, such as mixed use retail and residential rentals or condos, luxury hotel, commercial office space, etc.. The site could accommodate an estimated 35-36 parking spaces in a future underground garage for your redevelopment, providing a rare opportunity for on-site PLUS 32 rear parking spaces in the midst of a vibrant downtown. Contact agent for details and option to purchase this with or without the rear parking parcel. See MLS #834044.
Details
| MLS # | 834045 |
|---|---|
| Listing Type | For Sale |
| Style | Warehouse |
| Building Name | Crossroads Dgo Phase II |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 121 |
| Listing Provided By | Durango Land and Homes | Christina Rinderle |
Features
| SQ Feet | 1,076 |
|---|---|
| Units | 1 |
| Zoning | Commercial,Mixed Use |
| Acreage | 0.35 |
Interior
| Furnished | Unfurnished |
|---|
Parking
| Parking Features | Other, Rear Side Off Street |
|---|
Other
| List Aor | Durango Area Association Of Realtors |
|---|
Area Information
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| Listing VS Median (in 81301) | |
Price: $2,050,000 low | high Med: $750,000 sqft: 1,076 low | high Med: 1,860 $ / sqft: $1,905 low | high Med: $404 On site: 121 low | high Med: 48.5 | |
Market Activity 81301
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Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| Listing VS Median (in 81301) | |
Price: $2,050,000 low | high Med: $750,000 sqft: 1,076 low | high Med: 1,860 $ / sqft: $1,905 low | high Med: $404 On site: 121 low | high Med: 48.5 | |