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$225,000
Est. payment /mo
1 Bath
485 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 485 sqft
Price per Sqft $463
MLS Listing ID 839881
Half Baths 1
HOA Fees $720/qua
Year Built 2005
Annual Tax Amount $2,178
Tax Year 2025
Property Sub-Type Office
Property Description
Well-finished 485 SF ground-floor commercial condo in Uptown Durango with direct exterior access, a reception area, two rooms, kitchenette, private half bath, central A/C, hardwood, slate and tile flooring, and shared on-site parking. The efficient, self-contained layout is well suited to professional, wellness, medical, service-based and similar uses subject to HOA restrictions and applicable governmental approvals. The suite is currently leased at $1,539/month base rent plus a $120/month HOA reimbursement, with the tenant paying gas and electric. The current tenant has given notice and the lease ends December 31, 2026. The lease also provides a landlord right to terminate the initial term with 60 days' written notice, creating near-term flexibility for an owner-user or investor. The North Main location is within walking distance of Starbucks, nearby eateries and Animas River Trail access, with the Durango Recreation Center, shopping and other neighborhood amenities close by. Quarterly HOA dues are $720 and cover water, sewer, trash and recycling, snow removal, grounds care, exterior/common-area maintenance, master building insurance, common-area lighting, and association security/fire-monitoring systems, including a multi-camera security system. Recent HOA financial materials reviewed by the listing broker reflected positive operating cash, a separate reserve account, and a certificate of deposit; buyers should review current association financials as part of their due diligence. Photos show current and prior business configurations and are intended to illustrate the flexibility of the suite. Many furnishings, salon equipment and trade fixtures shown are owned by the current or prior tenants and are not included in the sale unless expressly agreed in writing; the configuration at transfer may therefore differ from the photos. Tenant occupied; 24-hour notice required for showings. Executed lease and HOA materials are available from the listing broker.
Location
State CO
County La Plata
Interior
Heating Forced Air
Cooling Central A/C, Forced Air
Flooring Slate, Tile, Wood
Furnishings Unfurnished
Exterior
Parking Features Paved, Off Street, 1 per unit
Garage Spaces 1.0
Utilities Available Electric, Internet, Natural Gas, Water
Roof Type Membrane
Building
Story 1
Foundation Crawl Space
Sewer Public Sewer Installed, Sewer Tap Paid
Water Public, Tap Installed Paid
New Construction No
Others
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Listed by Keller Williams Realty Southwest Associates, LLC