$1,099,000

135 Burnett Drive 3 & 4

Durango CO, 81301

Description

6%+ CAP Rate in Durango CO! Excellent location for professional office use! This is a very well-constructed and finished building. This offering includes two units. The building had been occupied in the past by Mercury Payments Systems which did additional tenant finishes to an already class A space. Both units are currently occupied and would provide a great investment as-is or you could owner occupy the unit(s) as the leases turn. There is ample parking with the lot facing south for easy winter maintenance and each unit has its own HVAC. This is a single level building in excellent condition currently. With the absorption of quality office space in Durango recently, this is a great option for the next owner/investor.

Details

MLS#767717
Listing TypeFor Sale
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year2005
Days On Site195

Features

SQ Feet4,207
Story(s)1
Units2
ZoningCommercial

Market Activity 81301

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Area Information
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$1,099,000
low | high
Med:
$382,000
100% of Average
SqFt:
4,207
low | high
Med:
1,289
100% of Average
$ / SqFt:
$261
low | high
Med:
$296
36.523858935292% of Average
On Site:
195
low | high
Med:
299.5
65.108514190317% of Average
Listing Updated: 09/28/2020
Zane Wells LogoMLS Number: 767717
Listing Provided By:
Zane Wells  of  The Wells Group of Durango Inc.

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