The Sunburst building, with an adjacent developable lot, is steps away from the vibrant crossroads of College Drive/ Main Ave. and one short block to the historic Durango-Silverton train depot. The train attracts 225,000 yearly passengers and contributes $525,000,000+ to our local economy. This dynamic building and adjacent lot with coveted alley access is prime for redevelopment or long term investment. The building has been very well maintained by the owners and tenants, and enjoys a long history of stable occupancy with three renovated leased spaces, two at street level and one upstairs (the businesses are not for sale). There are options to reconfigure the space for more units or merge for larger spaces. The attractive exterior presents unparalleled street and passerby visibility with large showcase windows and lighted space for signage.
MLS# | 814176 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1948 |
Days On Site | 165 |
Listing Provided By | The Wells Group of Durango, LLC | Deven Meininger |
Bath(s) | 7 Total |
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SQ Feet | 4,840 |
Story(s) | 2 |
Units | 3 |
Zoning | Commercial |
Acreage | 0.12 |
State | CO |
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County | La Plata |
City | Durango |
Zip Code | 81301 |
Area | Durango In Town |
Community Name | City of Durango |
Listing VS Median (in City of Durango) | |
Price: $2,475,000 low | high Med: $4,732 SqFt: 4,840 low | high Med: 2,567 $ / SqFt: $511 low | high Med: $2 On Site: 165 low | high Med: 320.500000 |