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780 Main Ave Ave

Durango, CO 81301
  • $3,230,000

    Price
  • 0

    Bed
  • 5

    Bath
  • 20,165

    SqFt

About the Listing 2039 - 1383

Investors take notice. Location, location, location. This prime, historic JC Penney building, is located at 8th and Main Avenue, in the heart of downtown Durango and in the high foot traffic section of downtown. The building is fully occupied and has a diverse tenant mix with 2 very popular and established retail stores anchoring the main level. 20,165 sq ft is divided into the two retail spots and 15 office spaces (with exception of 2 units reserved for the current owner) that are fully leased with excellent rental history. This opportunity provides an attractive Cap rate and possible QBI tax benefit for the new investor.

Listing Highlights for 780 Main Ave Ave

Status Pending
Days on Site 8
Property Type Commercial Sale
MLS # 747840
Year Built 1928
Square Footage 20,165
Lot/Acreage 7500 sf

Interior Details

  • Bedrooms: 0
  • Bathrooms: 5 Full
  • Appliances:
  • Air Cond: Central A/C
  • Heating: Natural Gas,Boiler
  • Fireplaces:
  • Floor: Wood
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Corner
  • Garage Capacity: N/A
  • Lot Dimensions: 7500 sf
  • Zoning: Commercial
  • Roof: Membrane
  • Others:
  • Sewer: Public Sewer Installed
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $28,630
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2017

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Listing Location

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780 Main Ave Ave Durango, CO 81301

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Listing Courtesy of Russ Smith, Keller Williams Realty Southwest Associates, LLC