643 Main Avenue
643 Main Avenue Durango, Colorado 81301 United States

$3,495,000
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Located in the heart of thriving downtown Durango, this 20,075 sq. ft. commercial building is a great opportunity to own a mixed-use income property. This historical building was owned and occupied by Adolph Coors until 1915 and finished in 1925....

Listing Courtesy of SCB and Associates

Listing Courtesy of SCB and Associates
$3,495,000
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9
Full Baths
1
Partial Bath
.45 Acres
Exterior
Commercial
Property type
1925
Year Built
765952
Web Id
765952
MLS ID
City of Durango
Subdivision
556
days ago

About 643 Main Avenue

Located in the heart of thriving downtown Durango, this 20,075 sq. ft. commercial building is a great opportunity to own a mixed-use income property. This historical building was owned and occupied by Adolph Coors until 1915 and finished in 1925. It is located directly south of the famous Strater Hotel. This historical property boasts a great location with retail store frontage right on Main Avenue for excellent exposure. The world-renowned Henry Strater Theater is one of the oldest and most prestigious continually running theaters in Colorado and the United States, offering more than 50 years of performances. Formally known as the Diamond Circle Theater, the theater has been extensively renovated with top-of-the-line stage lighting and surround-sound. This intimate and prestigious venue operates year-round as a theater and community space. The property also offers seven storage units of various sizes in the rear of the Coors Building and the Black Awning Building. The corridor exits through a steel man door to the concrete patio area, gated access to the rooftop, and parking off the alley. There are also three office units that are accessed either from Main Avenue or the security gated rooftop. Two of the units overlook Main Avenue with picture windows. This property also includes five hotel rooms leased by the Strater hotel and accessed from the interior of the Strater hotel. Fire-rated doors separate the Melodrama Building from the Strater Hotel and the Coors Building. Emergency exit to the subject Coors Building and security cameras notify the front desk upon its opening. Last but not least, the second floor managers apartment is a one bedroom, one bathroom with an open loft kitchen and living room. The kitchen and living room have hardwood floors, and the bathroom has marble wainscot. The kitchen has wood counter tops, cabinets, and island. The kitchen has a gas stove, dishwasher, and stainless steel dual basin sink. Don't miss this rare opportunity to own a fantastic historical income property located right in downtown Durango!

Listing Courtesy of SCB and Associates, CREN MLS

Amenities

  • Carpet
  • Wood Heating

features

cooling
Electric
lot description
Public Transportation, laminate flooring

PROPERTY INFORMATION

Cooling
Evaporative Cooler, Other
Heating
Electric, Natural Gas
Parking Description
2-10 Total Spaces, In Rear of Building, On Street
Sewer
Public Sewer Available, Public Sewer Installed

EXTERIOR

Roofing
Built Up, Membrane

INTERIOR

Flooring
Carpet, Concrete, Laminate, Wood

ADDITIONAL INFORMATION

Number of Units
17
Listing Courtesy of SCB and Associates

Listing Courtesy of SCB and Associates

Listing Courtesy of SCB and Associates

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