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Listed price in listed location currency (USD).
$1,500,000

0227

MLS® 833895

  • Key Facts
  • Description
  • Map

Key Facts

Type Industrial
Levels Commercial Sale
Size 6115 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 2019
Avg. Price Per Sqft $245
MLS® Number 833895

Property Address: 659 Tech Center Drive, Durango, CO, 81301

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number833895
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2019
Basement
DrivewayParking Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 23, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
659 Tech Center Drive, Durango, CO

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