Yourdurangorealestate.com Search Results

$1,350,000

Asking price now reduced to $1,795,000! This property was acquired in late 2022 for $1,700,000 and more than $100k has been spent on the renewal of this excellent commercial real estate opportunity. Acquire now for less than the seller has recently invested! Now vacant and revitalized, this rare light industrial opportunity in Mancos, CO is ready for commerce. Recent updates include a full clean-up of the interior, updates to the electrical system, and roof repair. The building configuration operates well for a single tenant or can be easily divided into multiple units. The 5.7-acre parcel offers expansion or redevelopment potential with excellent highway frontage, high traffic count, and regional accessibility with a strategic location between Durango and Cortez. This property is zoned Light Industrial within the Town of Mancos and allows a wide variety of commercial uses such as general commercial, light industrial/manufacturing, warehouse, distribution, office, and retail. Features and Amenities: 34,176 SF gross building area; tall ceiling heights ranging from 12 to 20 feet; two dock-height truck bays; two drive-in loading doors; ample parking; 3-phase power throughout. Don't miss out on this incredible opportunity to secure this exceptional warehouse space in Mancos, Colorado.

821424 MLS

651 N Main St, Mancos

$850,000

Welcome to the bustling heart of Mancos, Colorado, where an incredible commercial opportunity beckons you! Step into this expansive 13,063 sq. ft. building, home to 11 units that encapsulate the perfect blend of functionality and versatility. Commercial Marvel: Eight commercial spots take center stage, offering a diverse canvas for entrepreneurial dreams. From a cozy hair salon to a dynamic gym, this space is a playground for business innovation. Imagine the possibilities for a trendy art gallery, a bustling restaurant, or an efficient attorney's office. The current commercial tenants have already set the stage, making this a vibrant hub for commerce. Apartments with Character: Beyond the commercial buzz, discover two charming apartments that add a residential touch to this commercial gem. The first is a snug one-bedroom, one-bath haven, perfect for those seeking a cozy retreat. Next, a flexible one-bedroom space provides adaptability, catering to a range of tenant preferences. These apartments, while adding residential appeal, enhance the overall allure and potential tenant base. Hidden Potential in the Shop: Last but certainly not least is the spacious shop at the back of the building. Currently used for storage, this area is a hidden treasure waiting to be unleashed. Its large dimensions and heated office make it ideal for a variety of purposes, from a workshop to a creative studio. Unlock the full potential of this space, and watch it become a lucrative asset for the new owner. Unveiling Growth Opportunities: The true magic of this property lies in the tremendous opportunity for rent growth. Currently set at approximately 50% (not guaranteed) of their potential value, the commercial units are a goldmine waiting to be tapped. Imagine the immediate returns as new owners revamp leases and explore the untapped potential of this prime location. Constant Improvements: Over the past four years, the dedicated owner has spared no effort in maintaining and upgrading the building. This on going care speaks volumes, showcasing a property ready for ownership. As if the charms of the commercial units, apartments, and versatile shop weren't enough, the property extends an additional perk on the north side – ample parking. The thoughtful design includes dedicated parking spaces, ensuring convenience for both the shop and apartment occupants. This practical amenity adds an extra layer of appeal, making it easier for businesses to thrive and tenants to enjoy a hassle-free living experience. Say goodbye to parking woes and hello to a seamless and enjoyable environment on the north side of this commercial haven Thriving in Mancos: Nestled in the vibrant town of Mancos, this property is strategically positioned to benefit from the town's growth. Boasting a growing population, Mancos offers an ideal backdrop for commercial ventures. The proximity to Durango, Colorado, adds an extra layer of appeal, connecting the property to the economic vibrancy of a larger city. **Seller-Friendly Financing:** To sweeten the deal, the owner extends a seller-friendly offer—carrying the note with negotiable terms. This flexibility in financing adds convenience for potential buyers, making this commercial gem even more enticing. In a nutshell, this property is not just a space; it's an opportunity. An opportunity to shape a thriving commercial hub, to provide cozy residences, and to unleash the hidden potential of a spacious shop. Act now and make this meticulously maintained, strategically located commercial property the cornerstone of your success story. Your journey into prosperity starts here, amidst the vibrant energy of Mancos!

810221 MLS

100 W Grand Ave, Mancos