Active
72 Suttle "A" Street Unit: #1 (aka "A" )
Durango CO, 81303
$550,000
$165.07 per sqft
Active
2 Baths
3,332 sqft
Commercial
Built in 2000
Courtesy of Keller Williams Realty Southwest Associates, LLC with Listing Contact: 970-375-3219
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.
814262
MLSⓇ ID
June 1, 2024
Listed
November 22, 2024
Updated
Map
72 Suttle "A" Street Unit: #1 (aka "A" )
Durango CO, 81303
Interior Features
Total Stories
2
Total Bathrooms
2
Half Bathrooms
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Other Property Details
Area Name
Durango In Town
Taxes
$4,547
Tax Frequency
Annually
Days on Market
3
Association Fee
Not Listed
Association Fee Frequency
Monthly
Garage
No
Parking
Paved
Parking Total
10
View
No
County
La Plata
Pool
No
Courtesy of Keller Williams Realty Southwest Associates, LLC with
Listing Contact: 970-375-3219
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Data last updated on: 11/22/2024