Description
Quality commercial building and detached building close to downtown Durango. This space had been used for a rehabilitation facility for approx.. a year. Before that it was a hostel, prior to an extensive and expensive remodel. The finishes are very nice, with a commercial kitchen in the primary structure. This Campus could be the ideal lodging property for the upscale hostel type traveler, it could be used for college rentals or many other uses. The current owner has well over $1.1 million invested into the property and the quality remodel. The City has this identified now as Residential Multi Family. with Permits, the property could be used as a vacation rental. Priced attractively for the next user. There are 4 bedrooms and 2 baths in main building and 1 bedroom and 1/2 bath in the second building.
Details
| MLS# | 749748 |
|---|---|
| Style | IQWeb_Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 355 |
Features
| SQ Feet | 3,542 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | Commercial |
Market Activity 81301
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Jun 2019 | Sales: 5 | Avg $ Per SqFt: $234.25 | Min Sale Price: $66,000 | Max Sale Price: $1,199,000 | Med Sale Price: $475,000 |
| Date: May 2019 | Sales: 15 | Avg $ Per SqFt: $251.14 | Min Sale Price: $61,813 | Max Sale Price: $1,380,000 | Med Sale Price: $385,000 |
| Date: Apr 2019 | Sales: 8 | Avg $ Per SqFt: $249.15 | Min Sale Price: $35,000 | Max Sale Price: $774,000 | Med Sale Price: $386,250 |
| Date: Mar 2019 | Sales: 10 | Avg $ Per SqFt: $261.89 | Min Sale Price: $202,500 | Max Sale Price: $589,500 | Med Sale Price: $319,750 |
| Date: Feb 2019 | Sales: 11 | Avg $ Per SqFt: $274.48 | Min Sale Price: $110,000 | Max Sale Price: $914,000 | Med Sale Price: $447,500 |
| Date: Jan 2019 | Sales: 8 | Avg $ Per SqFt: $250.23 | Min Sale Price: $231,250 | Max Sale Price: $1,750,000 | Med Sale Price: $395,000 |
| Date: Dec 2018 | Sales: 7 | Avg $ Per SqFt: $287.53 | Min Sale Price: $215,000 | Max Sale Price: $398,000 | Med Sale Price: $325,000 |
| Date: Nov 2018 | Sales: 5 | Avg $ Per SqFt: $328.24 | Min Sale Price: $166,700 | Max Sale Price: $790,000 | Med Sale Price: $471,450 |
| Date: Oct 2018 | Sales: 18 | Avg $ Per SqFt: $345.33 | Min Sale Price: $48,000 | Max Sale Price: $1,400,000 | Med Sale Price: $378,250 |
| Date: Sep 2018 | Sales: 9 | Avg $ Per SqFt: $223.07 | Min Sale Price: $185,000 | Max Sale Price: $579,100 | Med Sale Price: $372,000 |
| Date: Aug 2018 | Sales: 21 | Avg $ Per SqFt: $270.3 | Min Sale Price: $65,000 | Max Sale Price: $1,495,000 | Med Sale Price: $365,000 |
| Jun 2019 | |
|---|---|
| Sales: | 5 |
| Avg $ Per SqFt: | $234.25 |
| Min Sale Price: | $66,000 |
| Max Sale Price: | $1,199,000 |
| Med Sale Price: | $475,000 |
| May 2019 | |
| Sales: | 15 |
| Avg $ Per SqFt: | $251.14 |
| Min Sale Price: | $61,813 |
| Max Sale Price: | $1,380,000 |
| Med Sale Price: | $385,000 |
| Apr 2019 | |
| Sales: | 8 |
| Avg $ Per SqFt: | $249.15 |
| Min Sale Price: | $35,000 |
| Max Sale Price: | $774,000 |
| Med Sale Price: | $386,250 |
| Mar 2019 | |
| Sales: | 10 |
| Avg $ Per SqFt: | $261.89 |
| Min Sale Price: | $202,500 |
| Max Sale Price: | $589,500 |
| Med Sale Price: | $319,750 |
| Feb 2019 | |
| Sales: | 11 |
| Avg $ Per SqFt: | $274.48 |
| Min Sale Price: | $110,000 |
| Max Sale Price: | $914,000 |
| Med Sale Price: | $447,500 |
| Jan 2019 | |
| Sales: | 8 |
| Avg $ Per SqFt: | $250.23 |
| Min Sale Price: | $231,250 |
| Max Sale Price: | $1,750,000 |
| Med Sale Price: | $395,000 |
| Dec 2018 | |
| Sales: | 7 |
| Avg $ Per SqFt: | $287.53 |
| Min Sale Price: | $215,000 |
| Max Sale Price: | $398,000 |
| Med Sale Price: | $325,000 |
| Nov 2018 | |
| Sales: | 5 |
| Avg $ Per SqFt: | $328.24 |
| Min Sale Price: | $166,700 |
| Max Sale Price: | $790,000 |
| Med Sale Price: | $471,450 |
| Oct 2018 | |
| Sales: | 18 |
| Avg $ Per SqFt: | $345.33 |
| Min Sale Price: | $48,000 |
| Max Sale Price: | $1,400,000 |
| Med Sale Price: | $378,250 |
| Sep 2018 | |
| Sales: | 9 |
| Avg $ Per SqFt: | $223.07 |
| Min Sale Price: | $185,000 |
| Max Sale Price: | $579,100 |
| Med Sale Price: | $372,000 |
| Aug 2018 | |
| Sales: | 21 |
| Avg $ Per SqFt: | $270.3 |
| Min Sale Price: | $65,000 |
| Max Sale Price: | $1,495,000 |
| Med Sale Price: | $365,000 |
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Area Information | |
|---|---|
| State | CO |
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango In Town |
| Listing VS Median (in 81301) | |
Price: $895,000 low | high Med: $426,950 100% of Average SqFt: 3,542 low | high Med: 1,450 100% of Average $ / SqFt: $253 low | high Med: $294 33.47086110576% of Average On Site: 355 low | high Med: 146.5 100% of Average | |
MLS Number: 749748Listing Provided By:
John Wells of The Wells Group of Durango Inc.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2017. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to "limited license" rights. Duplication or reproduction is prohibited.
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