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Office - Durango, CO
John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, , : Exceptional Class A Office Building in Prime Downtown LocationDiscover a rare opportunity to own a high-quality, single-level Class A office building in one of Durango’s most visible and accessible locations. Situated on the prominent corner of 19th Street and Main Avenue, this 9,746 SF property offers outstanding flexibility for an owner-user, investor, or a combination of both. Originally built in 2000, the building underwent a comprehensive renovation in 2005, converting the former medical layout into modern professional office space. The property has been well maintained and presents a clean, efficient, and highly functional floor plan. Currently occupied by the seller’s business, who strongly prefers signing a long-term market rate lease back agreement, provides immediate stability for investors. At market rent, the...
John M Wells, The Wells Group of Durango, LLC, C: 970-749-1440, , : Exceptional Class A Office Building in Prime Downtown LocationDiscover a rare opportunity to own a high-quality, single-level Class A office building in one of Durango’s most visible and accessible locations. Situated on the prominent corner of 19th Street and Main Avenue, this 9,746 SF property offers outstanding flexibility for an owner-user, investor, or a combination of both. Originally built in 2000, the building underwent a comprehensive renovation in 2005, converting the former medical layout into modern professional office space. The property has been well maintained and presents a clean, efficient, and highly functional floor plan. Currently occupied by the seller’s business, who strongly prefers signing a long-term market rate lease back agreement, provides immediate stability for investors. At market rent, the property is projected to deliver a CAP rate nearing 7%. Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango. Key features include:- 9,746 SF single-story building- Excellent downtown Durango location with strong visibility- Multiple exterior entrances, allowing for easy division into multi-tenant configurations- 30+ on-site parking spaces, plus convenient alley access- Corner lot with superior access and exposure- Well-maintained Class A finishes throughout- Currently occupied by the seller’s business, strongly prefers signing a long-term market rate lease back agreement, providing immediate stability for investorsAt market rent, the property is projected to deliver a CAP rate nearing 7%Whether you’re seeking a flagship location for your business, a strong income-producing asset, or a hybrid investment with future flexibility, 1910 Main Avenue presents an outstanding opportunity in the heart of Durango.
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