1401 Main Avenue

Durango, CO 81301

$1,975,000
Price
Beds
2
1/2 Baths
4,550 Sq. Ft.
$434 / Sq. Ft.
4,550
Sq. Ft.
$434
per Sq. Ft.

Description

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...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.
  1. Listed by John Wells • The Wells Group of Durango, LLC

Property Details for 1401 Main Avenue

Water Front
No
Zoning
Commercial, Mixed Use
Subdv Name
None

Location

Listing Courtesy of The Wells Group of Durango, LLC, John Wells
Add your commute
LISTING UPDATED: 09/18/2023 01:38 AM

Property Details for 1401 Main Avenue

StatusActive
MLS #807969
Days on Market233
Taxes$9,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use
Year Built1957
Lot Size0.41 AC / 17,859 SF
CountyLa Plata County

Location

Listing Courtesy of The Wells Group of Durango, LLC, John Wells
Add your commute

Building Information for 1401 Main Avenue

Stories-Residences2Year Built1957Lot Size0.41 AC / 17,859 SF

Payment Calculator

$11,585 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,778

Property Taxes

$806

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1401 Main Avenue

Summary
Location and General Information
  • Directions: From downtown Durango head North on Main Avenue to address located on east side of Hwy just south of Burger King.
Owner
  • Owner Name: Rio Pecos Investments LLC
Parking
  • Carport Y/N: No
  • Parking Spaces: 26
  • PARKING: Paved, Underground
Taxes and HOA Information
  • Tax Year: 2021
  • Total Taxes $: 9674.40
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Lots 1, 2, 3, 4 and 5, Block 110, Fassbinders Addition to the City of Durango, County of La Plata, State of Colorado Less and except that portion of Lots 1, 2 and 3 Conveyed to the Department of Highways, State of Colorado, by deed recorded September 23, 1965 in Book 493 at page 364.
  • Photo Count: 13
  • New Construction Y/N: No
  • Covenants Y/N: NO
  • Board Name: Durango Area Assn of Realtors
Lot Information
  • Special Assemnt Y/N: No
  • Water Rights/Irrigation: No
  • Current Property Use: General Office, Professional/Medical, Retail Storefront, Lodging, Mixed Use
  • Possible Property Use: Bar/Lounge, General Office, Lodging, Mixed-Use, Restaurant, Retail Storefront
  • Lot Dimension: 125' x 150'
  • Parcel ID #: 5.66520334007E11
  • Property Description: Corner, Other
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Other
  • DOMESTIC WATER: Public
  • Total # Water Meters: 1
  • Total # Gas Meters: 1
  • Total # Electric Meters: 1
  • Existing Utilities: Water, Natural Gas, Electric, Phone, Internet
  • Water Well: No
Multi Family
Multi-Family Information
  • # of Units: 2
Interior and Exterior Features
Room Information
  • 1/2 Baths: 2
  • 3/4 Baths: 0
  • 1/4 Baths: 0
  • Total Baths: 2.00
Interior Features
  • Furnished: Unfurnished
Rental
Rental Information
  • CAM Y/N: No

Property History for 1401 Main Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1401 Main Avenue

Taxable ValueLand$175,960Additions$56,090Total$232,050
Tax Record2022$9,899 ($825 / month)
Home Facts
Total Finished SqFt4,550 SqFtAbove Grade Finished SqFt4,550 SqFtStories1Lot Size17,990 SqFtStyleOffice BuildingYear Built1957CountyLA PLATAAPN5665-203-34-007

Schools near 1401 Main Avenue

This home is within Durango 9-R School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Park Elementary School
PublicPK to 5

Escalante Middle School
Public6 to 8

Durango High School
Public9 to 12

Robert Denier Youth Services Center
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1401 Main Avenue is a mixed use property for sale in Durango, CO 81301. This property was listed for sale on September 14, 2023 by The Wells Group of Durango, LLC, it's currently listed at $1,975,000. It has been on the market for a total of 233 days and was last sold on March 9, 2007. This listing's school district is Durango 9-R School District. Nearby schools include Park Elementary School, Escalante Middle School and Durango High School. 1401 Main Avenue is a 0-bed, 1-bath, 4,550 sqft mixed use property built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Wells Group of Durango, LLC, John Wells

Based on information from one of the following Multiple Listing Services: CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRENMLS, Telluride Association of REALTORS, Grand Junction Area REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.