Turnkey Investment Opportunity in Uptown Durango! This 485 SqFt ground-floor commercial condo offers a ready-made, income-producing asset in the heart of Durango’s thriving North Main Corridor. Located in a high-visibility, mixed-use development, it’s already leased providing immediate cash flow for investors seeking a secure, low-maintenance property with strong ROI potential. The functional, professional layout features a welcoming reception area, two private offices, a kitchenette, and a spacious half-bath. With its own entrance, restroom, and reception area and no shared hallways or common areas the space offers privacy and independence for tenants. Slate-tiled entryways, hardwood floors, solid wood doors, central air conditioning, and forced air heat reflect quality and comfort throughout. Off-street parking and a ground-floor entrance adjacent to the lot make access easy for clients and is suitable for wheelchairs. Surrounded by restaurants, schools, Starbucks, and the Durango Recreation Center, the office enjoys excellent visibility and traffic ideal for health and wellness professionals, attorneys, advisors, consultants, tutors, and more. Recent infrastructure updates, including a new Main Avenue Crosswalk, further enhance exposure. Quarterly association fees of $660 cover water, sewer, trash, recycling, snow removal, exterior maintenance, insurance and maintenance from the studs out, and landscaping keeping operating costs predictable and hassle-free. The current lease runs through December 31, 2025 at $1,410/month, with a 60-day notice-to-vacate option for flexibility. Insurance costs are just $377/year. Bonus: This property is located in an Enterprise Zone, offering potential tax benefits. Don’t miss this opportunity to own a high-potential, income-producing property in a prime Durango location. Contact agent today for financial details, lease terms, and next steps to evaluate your ROI.
Details
MLS#
822608
Listing Type
For Sale
Style
Office Building
Building Name
Sanct Salon
HOA Dues
$660
Sub-Type
Resale
Status
Active
Year
2005
Days On Site
19
Listing Provided By
Keller Williams Realty Southwest Associates, LLC | Anne Zalbowitz
Features
Bath(s)
1 Total
SQ Feet
485
Basement
Y
Story(s)
1
Units
1
Zoning
Commercial,Office,Mixed Use
Market Activity 81301
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Mar 2025
Sales: 9
Avg $ Per SqFt: $464.35
Min Sale Price: $100,000
Max Sale Price: $2,093,750
Med Sale Price: $782,000
Date: Feb 2025
Sales: 14
Avg $ Per SqFt: $407.44
Min Sale Price: $115,000
Max Sale Price: $1,590,000
Med Sale Price: $567,500
Date: Jan 2025
Sales: 9
Avg $ Per SqFt: $428.02
Min Sale Price: $436,000
Max Sale Price: $1,255,000
Med Sale Price: $865,000
Date: Dec 2024
Sales: 6
Avg $ Per SqFt: $471.58
Min Sale Price: $100,000
Max Sale Price: $1,580,000
Med Sale Price: $892,500
Date: Nov 2024
Sales: 1
Avg $ Per SqFt: $380
Min Sale Price: $285,000
Max Sale Price: $285,000
Med Sale Price: $285,000
Date: Oct 2024
Sales: 6
Avg $ Per SqFt: $306.19
Min Sale Price: $140,000
Max Sale Price: $2,100,000
Med Sale Price: $722,500
Date: Sep 2024
Sales: 5
Avg $ Per SqFt: $388.31
Min Sale Price: $135,000
Max Sale Price: $689,000
Med Sale Price: $625,000
Date: Aug 2024
Sales: 8
Avg $ Per SqFt: $455.4
Min Sale Price: $132,000
Max Sale Price: $3,000,000
Med Sale Price: $634,500
Date: Jul 2024
Sales: 10
Avg $ Per SqFt: $365.05
Min Sale Price: $128,900
Max Sale Price: $1,250,000
Med Sale Price: $542,000
Date: Jun 2024
Sales: 14
Avg $ Per SqFt: $481.54
Min Sale Price: $181,000
Max Sale Price: $1,185,000
Med Sale Price: $575,500
Date: May 2024
Sales: 14
Avg $ Per SqFt: $489.42
Min Sale Price: $235,000
Max Sale Price: $2,350,000
Med Sale Price: $933,500
Date: Apr 2024
Sales: 8
Avg $ Per SqFt: $366.12
Min Sale Price: $235,000
Max Sale Price: $1,420,000
Med Sale Price: $875,000
Sourced by Back At You
Mar 2025
Sales:
9
Avg $ Per SqFt:
$464.35
Min Sale Price:
$100,000
Max Sale Price:
$2,093,750
Med Sale Price:
$782,000
Feb 2025
Sales:
14
Avg $ Per SqFt:
$407.44
Min Sale Price:
$115,000
Max Sale Price:
$1,590,000
Med Sale Price:
$567,500
Jan 2025
Sales:
9
Avg $ Per SqFt:
$428.02
Min Sale Price:
$436,000
Max Sale Price:
$1,255,000
Med Sale Price:
$865,000
Dec 2024
Sales:
6
Avg $ Per SqFt:
$471.58
Min Sale Price:
$100,000
Max Sale Price:
$1,580,000
Med Sale Price:
$892,500
Nov 2024
Sales:
1
Avg $ Per SqFt:
$380
Min Sale Price:
$285,000
Max Sale Price:
$285,000
Med Sale Price:
$285,000
Oct 2024
Sales:
6
Avg $ Per SqFt:
$306.19
Min Sale Price:
$140,000
Max Sale Price:
$2,100,000
Med Sale Price:
$722,500
Sep 2024
Sales:
5
Avg $ Per SqFt:
$388.31
Min Sale Price:
$135,000
Max Sale Price:
$689,000
Med Sale Price:
$625,000
Aug 2024
Sales:
8
Avg $ Per SqFt:
$455.4
Min Sale Price:
$132,000
Max Sale Price:
$3,000,000
Med Sale Price:
$634,500
Jul 2024
Sales:
10
Avg $ Per SqFt:
$365.05
Min Sale Price:
$128,900
Max Sale Price:
$1,250,000
Med Sale Price:
$542,000
Jun 2024
Sales:
14
Avg $ Per SqFt:
$481.54
Min Sale Price:
$181,000
Max Sale Price:
$1,185,000
Med Sale Price:
$575,500
May 2024
Sales:
14
Avg $ Per SqFt:
$489.42
Min Sale Price:
$235,000
Max Sale Price:
$2,350,000
Med Sale Price:
$933,500
Apr 2024
Sales:
8
Avg $ Per SqFt:
$366.12
Min Sale Price:
$235,000
Max Sale Price:
$1,420,000
Med Sale Price:
$875,000
MLS Number: 822608
Anne Zalbowitz – (970) 769-4892 – annedurango@kw.com