863 & 871 Main Ave, Durango, CO 81301
- $3,600,000
- 26,813
- SqFt
Listing courtesy of The Wells Group of Durango, LLC. Selling Office: The Wells Group of Durango, LLC.
- Sold Price
- $3,600,000
- List Price
- $4,200,000
Property Description
This building has been owned by the same family for over half of the building’s 122 years. Located on one of highest traffic corners in historic downtown Durango. This fine building is comprised of four retail spaces, currently occupied by Browns Shoe Fit Company, Urban Market retail, Urban Market Home Decor and Gardenswartz Sporting Goods. The upstairs has multiple smaller offices with wide hallways, sitting areas and common restrooms. Many of the offices have large windows on the East, North and West sides of the building. The building is being sold at a very competitive cap rate based on the historic rental rates. The building does not have ADA access to the office spaces based on the age of construction.
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