72 Suttle “A” Street, #1 (aka “A” ), Durango, CO 81303 | Listings

72 Suttle "A" Street, #1 (aka "A" ), Durango, CO 81303

  • $550,000
  • 2 Partial Baths
  • 3,332 sq ft
  • Year Built: 2000
  • Commercial
  • Listing #814262

Property Description

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.

Listing Details

Price$550,000
Bathrooms2 Partial Baths
Year Built2000
Property TypeCommercial
Listing #814262
StatusActive
CountyLa Plata
Listing TypeFor Sale

Interior Features

Square Feet3,332

Miscellaneous

MLS AreaDurango In Town

Courtesy of Scott Kurlander, Keller Williams Realty Southwest Associates, LLC

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This content last updated on 10/31/2024 11:27 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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