$304.94 Per Sq Foot $1,557 est/mo Sourced by Back At You

72 Suttle "c" Street,Durango, CO 81303

Durango CO, 81303

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Description

72 Suttle Street Condos is a 951 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a professional medical office long term lease to Colorado Testing Services. Currently for leased for $1,060.00 per month Triple Net until December 31, 2025 with a option to renew. Office is a drug testing facility with 1/2 bath and very nice finish. The 2023 $12,720 per year "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#814255
Listing TypeFor Sale
StyleOffice Building
Building NameColorado Testing Services
Sub-TypeResale
StatusActive
Year2000
Days On Site15
Listing Provided ByKeller Williams Realty Southwest Associates, LLC | Scott Kurlander

Features

Bath(s) 2 Total
SQ Feet951
Story(s)1
Units1
ZoningCommercial

Market Activity 81303

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Listings Checked: 2 minutes ago
StateCO
CountyLa Plata
CityDurango
Zip Code81303
AreaDurango In Town
Listing VS Median (in 81303)
Price:
$290,000
low | high
Med:
$950,000
100% of Average
SqFt:
951
low | high
Med:
1,643
22.765509989485% of Average
$ / SqFt:
$305
low | high
Med:
$578
39.61319705333% of Average
On Site:
15
low | high
Med:
33.000000
45.454545454545% of Average
Sourced by Back At You
Listing Updated: June 4, 2024 at 1:48:00 AM PDT
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