659 Tech Center DriveDurango, CO 81301
La Plata County
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.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Industrial
- Year built
- 2019
- Living area
- 6,115 Sq Ft
- Lot size
- 0.76 acres
- Parking spaces
- 27
- Days on market
- 196
- MLS® Listing#
- 833895
Property Features
- Heating
- Forced Air · Natural Gas
- Flooring
- Concrete
- Basement
- Concrete
- Foundation
- Slab
- Roof
- Metal
- Utilities
- Natural Gas Available
- Water source
- Public
Financial Details
- Annual taxes
- $13,975Tax year 2025
- Parcel number
- 566530202008
Directions
Head West on HWY 160, turn right onto Tech Center Drive, Property is on the left w/ sign
Listing Courtesy: Wells Group Real Estate
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Date Last Updated
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PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.
