33
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$1,500,000
Est. payment /mo
2 Baths
6,115 SqFt
New
659 Tech Center Drive Durango, CO 81301
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,115 sqft
Price per Sqft $245
MLS Listing ID 833895
Half Baths 2
Year Built 2019
Tax Year 2025
Lot Size 0.760 Acres
Acres 0.76
Property Sub-Type Industrial
Property Description
Well-maintained multi-tenant commercial investment property located in the Tech Center area. This steel frame building with steel siding and roof offers a total of three suites: two approximately 2,400 SF units and one approximately 1,200 SF unit. The property is currently fully occupied with established tenants and a strong rental history. Each suite is separately metered for electric and gas, with individual HVAC systems (heating and cooling) and private half baths. One suite is improved with a shower. Three-phase power is available to the building. Water is metered to the building, with usage allocated to tenants via a utility room with individual submeters and reconciled through CAM charges. Leases in place with Illete Fitness and Rock Solid Granite extend through October 31, 2027, with scheduled 4% rent increases effective November 1. Current rents provide steady income, with additional expense reimbursements structured through CAM. Expenses including taxes, snow removal, and common area costs are allocated on a proportional square footage basis (currently 60/40). Parking is open and has historically accommodated tenant and customer needs without issue. No HOA. Property is located within a city district with standard development and occupancy requirements. HVAC systems are included in the sale. Property has been fully occupied since completion, reflecting consistent demand in the area. Showings by appointment only to minimize disruption to tenants.
Location
State CO
County La Plata
Interior
Heating Electric
Flooring Concrete, Other
Furnishings Unfurnished
Exterior
Parking Features 20 + Total Spaces
Garage Spaces 27.0
Utilities Available Electric, Internet, Natural Gas, Phone, Sanitary Sewer
Roof Type Metal
Building
Story 1
Foundation Concrete, Slab
Sewer Public Sewer Installed
Water Public
New Construction No
Listed by The Wells Group of Durango, LLC
NEARBY SCHOOL & BUSINESS
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