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Durango 81301
1401 Main Avenue
$1,975,000
Commercial - For Sale

1401 Main Avenue

Durango, CO 81301
bedrooms
Studio
bathrooms
0 Bath
square feet
4550 Sqft
$1,962,681
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, [email protected], wellsdurangorealestate.com: This is one of the most visible corners in Durango.  The location near the swinging bridge over the Animas, a stones throw from the Powerhouse Science Center and River Trail.There are conceptual designs for this property for a 3 story structure with under building parking. Mixed use (residential above and commercial/office below).  Or a buyer may have another concept for utilizing this rare downtown Durango parcel.  Redevelopment makes the most sense as it is currently underutilized with the existing building on the property.  The property is in the New Urbanization Zone area - enterprise and opportunity zones as well.

The manager has listed the unit size as 4550 square feet.
Unit Size
4,550Ft²
Days on Market
223 days
Land Size
0.41 acres
Price per sqft
$434
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1957
Listed By
John Wells
The Wells Group of Durango, Inc.
Last updated: 8 months ago (CRENCO #807969)

Price History

Date / Event Date Event Price
Sep 16, 2023 Listed by The Wells Group of Durango, LLC $1,975,000
Listed by The Wells Group of Durango, LLC

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
13,175 ft²
$159/ft²
$2,100,000 Apr 11, 2023
-
-
Condo
3 Beds
3 Baths
2,317 ft²
$988/ft²
$2,290,000 May 18, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220716
07/16/2022
Loft
-
4550 ft²
$2,300,000
bedrooms
Loft
bathrooms
-
square feet
4550 ft²
-
-
-
John Wells
The Wells Group of Durango, Inc.

Building Info

1401 Main Avenue 1401 Main Avenue, Durango, CO 81301
  • 1 Unit for Sale
More about this Building
1401 Main Avenue
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About Durango


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