659 Tech Center Drive, Durango, CO 81301
659 Tech Center Drive, Durango, CO 81301
659 Tech Center Drive, Durango, CO 81301
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The Blackmore Group

The Blackmore Group

+1(970) 444-2431
$1,500,000
Est. payment /mo
2 Baths
6,115 SqFt
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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

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Colorado Real Estate Network (CREN) + Sold
Listed by The Wells Group of Durango, LLC

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659 Tech Center Drive

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The Blackmore Group

+1(970) 444-2431

ashley@ashleyblackmorehomes.com

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