$328.40 Per Sq Foot $2,142 est/mo Sourced by Back At You

555 Rivergate Lane #b2-136,Durango, CO 81301

Durango CO, 81301

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Description

This main level RETAIL OFFICE BUSINESS CONDO in the Rivergate Complex with tenant is a good investment property. Currently used as a medical lab with sinks and cabinetry, it is a large open room with 3/4 handicap ADA bath (includes a shower), and break room, that works well for medical office, retail, classroom training center, yoga studio, fitness center, etc. 1,215 FINISHED gross sq. ft.. Built in 2004. Rented at $1,973.48 per month NNN, to "LAB CORP" who a national medical tenant through March 31, 2024 with the right to extend. Lease is "Triple Net", plus electric utilities, plus tenant pays $417.88 per month C.A.M. fees (which includes the water, sewer, trash, common area maintenance, hot water, heating & cooling), plus 1/12th of the taxes ($346.43 per month). "Class A" Commercial facility with easy access & parking, plus 2 garage spaces. Good for 1031 Deferred Tax Exchange and/or investment.

Details

MLS#805259
Listing TypeFor Sale
StyleOffice Building
Building NameNeighborhood Center
Sub-TypeResale
StatusActive
Year2004
Days On Site292
Listing Provided ByKeller Williams Realty Southwest Associates, LLC | Scott Kurlander

Features

Bath(s) 1 Total
SQ Feet1,215
Story(s)1
Units1
ZoningCommercial

Market Activity 81301

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StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Community NameRiverGate Lofts
Listing VS Median (in RiverGate Lofts)
Price:
$399,000
low | high
Med:
$499,000
24.937343358396% of Average
SqFt:
1,215
low | high
Med:
1,415
33.539094650206% of Average
$ / SqFt:
$328
low | high
Med:
$350
43.528713424428% of Average
On Site:
292
low | high
Med:
160.500000
100% of Average
Sourced by Back At You
Listing Updated: February 20, 2024 at 11:50:06 AM PST