$165.07 Per Sq Foot $2,953 est/mo Sourced by Back At You

72 Suttle "a" Street,Durango, CO 81303

Durango CO, 81303

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Description

72 Suttle Street Condo "A" (aka #1) is a 3332 sq ft professional office on the 2nd level (with two sets of stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a long term lease for $2,500.00 per month Triple Net until December 31, 2024 with a option to renew. There are 8 private, around a open area, with two 1/2 bathrooms and storage closets. The "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.

Details

MLS#814262
Listing TypeFor Sale
StyleOffice Building
Building NameD.O. Office
Sub-TypeResale
StatusActive
Year2000
Days On Site15
Listing Provided ByKeller Williams Realty Southwest Associates, LLC | Scott Kurlander

Features

Bath(s) 2 Total
SQ Feet3,332
Story(s)2
Units1
ZoningCommercial

Market Activity 81303

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Listings Checked: 1 minute ago
StateCO
CountyLa Plata
CityDurango
Zip Code81303
AreaDurango In Town
Listing VS Median (in 81303)
Price:
$550,000
low | high
Med:
$950,000
22.727272727273% of Average
SqFt:
3,332
low | high
Med:
1,643
100% of Average
$ / SqFt:
$165
low | high
Med:
$578
100% of Average
On Site:
15
low | high
Med:
33
45.454545454545% of Average
Sourced by Back At You
Listing Updated: June 4, 2024 at 1:48:03 AM PDT
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