919 Main Avenue, Durango, CO 81301
sale
$4,900,000
|
Other
Courtesy Of The Wells Group of Durango, LLC
John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, johnw@wellsgroupdurango.com, wellsdurangorealestate.com: Located in the heart of Downtown Durango, this single-level building has not only high-quality long-term tenants but also climate-controlled storage units accessed from the alley. The retail and restaurant spaces have high visibility Main Avenue frontage as well as full basements under each of the three spaces. These basements offer storage for inventory and office space for the tenant if needed. Each lease space has ADA restrooms and separate heating and cooling systems. There is rear access for deliveries and staff to each space. The rear door is controlled by a coded entry and has six security cameras to assist with security and monitor the common areas. The restaurant unit is a bit larger than the retail spaces, with the additional space used for food storage and prep areas. It also has a rooftop deck, which is a quality feature for adding seating capacity to the space. As the building is only a single-level structure, there is "potential' for other uses or development of the roof space, such as adding a second story, for example. THIS IS NOT an approved use at this time. With established tenants, utilization of the rear storage facility square footage (there are not many climate-controlled storage facilities in the area), and the potential for growing the rents upon future lease extensions, this well-maintained building will be a great investment.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 823982
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