29423 East E Highway

Durango, CO 81301

$1,473,177
Price
—
Beds
2
1/2 Baths
3,300 Sq. Ft.
$446 / Sq. Ft.
3,300
Sq. Ft.
$446
per Sq. Ft.

Description

Attention Business owners and investors here is a property with great visibility and access with plenty of parking to service your clients. It does have a tentant with a triple net lease for 5 years to medical professionals. It makes this property a 6.5 cap rate. Contact us today for numbers and a tour. Exploring the Benefits of Owning a Business Building in Durango, Colorado Durango, Colorado, known for its picturesque landscapes and welcoming community, has become an attractive destination for...Attention Business owners and investors here is a property with great visibility and access with plenty of parking to service your clients. It does have a tentant with a triple net lease for 5 years to medical professionals. It makes this property a 6.5 cap rate. Contact us today for numbers and a tour. Exploring the Benefits of Owning a Business Building in Durango, Colorado Durango, Colorado, known for its picturesque landscapes and welcoming community, has become an attractive destination for individuals looking to establish their businesses. Boasting a strong economy and a vibrant entrepreneurial spirit, this charming southwestern town offers numerous benefits for those considering investing in a business building. In this blog post, we will explore the advantages of owning a business building in Durango and why it is a great place to establish your venture. 1. Strong and Diverse Local Economy: Durango's local economy is thriving, serving as a hotbed for both small and large businesses. The city offers a diverse range of industries such as tourism, outdoor recreation, healthcare, education, and professional services. This economic diversity provides business owners with opportunities to cater to a broad customer base and ensures a steady flow of potential customers or clients. 2. Affordable Real Estate: Compared to other cities in Colorado, Durango offers relatively affordable real estate options for business owners. While prices may vary depending on location, businesses seeking a commercial space can find reasonably priced buildings and storefronts, reducing the financial strain and allowing for more investment towards business growth and development. 3. Proximity to Outdoor Recreation: Durango's close proximity to various outdoor recreational opportunities, from hiking and mountain biking to skiing and river rafting, makes it an attractive location for both residents and tourists. This vibrant outdoor lifestyle further enhances the appeal of businesses operating in the area, as owners can target adventure enthusiasts or offer products and services that cater to outdoor enthusiasts. 4. Strong Community Support: Durango is renowned for its strong sense of community and support for local businesses. The residents of Durango prioritize shopping locally, supporting independent businesses, and enjoying locally-made products. Owning a business building in Durango allows you to benefit from this community support, fostering a sense of belonging and appreciation among your customers. 5. Thriving Tourism Industry: Durango's strategic location near stunning natural landmarks such as the San Juan Mountains and Mesa Verde National Park, coupled with its historical charm, make it a popular tourist destination. The steady influx of tourists year-round can provide businesses with an additional customer base, increasing revenue potential. 6. Access to Skilled Workforce: Durango is home to Fort Lewis College, a reputable institution focusing on education and business programs. This college helps to cultivate a skilled workforce, providing businesses with a continuous stream of talented graduates ready to enter the job market. Additionally, Durango's quality of life attracts professionals from various industries, offering a diverse talent pool for local businesses. Conclusion: Owning a business building in Durango, Colorado, offers numerous advantages, including a strong and diverse local economy, affordable real estate options, proximity to outdoor recreation, a supportive community, a thriving tourism industry, and access to a skilled workforce. From picturesque landscapes to a vibrant entrepreneurial spirit, Durango provides an excellent environment for businesses to grow and flourish. So, whether you are a budding entrepreneur or an established business owner, Durango presents an exciting opportunity to establish roots and embark on a successful entrepreneurial journey.
  1. Listed by Kyle Kunkel • eXp Realty, LLC

Property Details for 29423 East E Highway

Water Front
No
Zoning
Commercial, Office
Subdv Name
Pinon Acres

Location

Listing Courtesy of eXp Realty, LLC, Kyle Kunkel
Add your commute
LISTING UPDATED: 12/05/2023 02:41 PM

Property Details for 29423 East E Highway

StatusActive
MLS #807247
Days on Market256
Taxes$14,166 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial / Multi-Use
Year Built2009
Lot Size2.25 AC / 98,010 SF
CountyLa Plata County

Location

Listing Courtesy of eXp Realty, LLC, Kyle Kunkel
Add your commute

Building Information for 29423 East E Highway

Stories-Residences1Year Built2009Lot Size2.25 AC / 98,010 SF

Payment Calculator

$9,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,040

Property Taxes

$1,181

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 29423 East E Highway

Summary
Location and General Information
  • Directions: Hwy 160 to Grandview. Property is on the north side just esat of Three Springs stoplight
Owner
  • Owner Name: PINNACLE RE LLC
Parking
  • Carport Y/N: No
Taxes and HOA Information
  • Tax Year: 2022
  • Total Taxes $: 14166.24
Property
Property and Assessments
  • FIPS Code: 08067
  • Legal/Lot Block: Pinon Acres S/D Block: 0 Lot: 19 Pinon Acres Sub 29423 E US Hwy 160 Durango 81301
  • Photo Count: 32
  • New Construction Y/N: No
  • Disclosures: Plat Available
  • 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, Mixed Use
  • Possible Property Use: General Office, Mixed-Use, Professional/Medical
  • Lot Dimension: 2.25 acres
  • Well Permit #: 76978-F
  • Parcel ID #: 5.66912201016E11
Utilities
  • Internet Service Y/N: Yes
  • Internet Provider: Spectrum/Charter
  • Existing Utilities: Water, Natural Gas, Electric, Phone, Internet
  • Water Well: Yes
Multi Family
Multi-Family Information
  • # of Units: 1
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
  • Foundation: Crawl Space
Rental
Rental Information
  • CAM Y/N: No

Property History for 29423 East E Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 29423 East E Highway

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
Charter - K to 5
Rating
School
Distance
Florida Mesa Elementary School
PublicPK to 5

Escalante Middle School
Public6 to 8

Durango High School
Public9 to 12

The Juniper School
CharterK to 5

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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Similar Sold Homes

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29423 East E Highway is a mixed use property for sale in Durango, CO 81301. This property was listed for sale on August 23, 2023 by eXp Realty, LLC, it's currently listed at $1,473,177. This listing's school district is Durango 9-R School District. Nearby schools include Florida Mesa Elementary School, Escalante Middle School and Durango High School. 29423 East E Highway is a 0-bed, 1-bath, 3,300 sqft mixed use property built in 2009.

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 eXp Realty, LLC, Kyle Kunkel

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.