United StatesColoradoDurango450 S Camino Del Rio #203, Unit # 203

450 S Camino Del Rio #203, Unit # 203
450 S Camino Del Rio #203, Unit # 203 Durango, Colorado 81301 United States

$325,000
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Good long term investment goes up every year and secured with a 921 sq ft business condominium professional medical office on 2nd level with long term lease to Orthodontists of SW Colorado. Currently for leased for $1,414 per month Triple Net...

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC
1
Partial Bath
921 Sq Ft.
Interior
Commercial
Property type
800481
Web Id
800481
MLS ID

About 450 S Camino Del Rio #203, Unit # 203

Good long term investment goes up every year and secured with a 921 sq ft business condominium professional medical office on 2nd level with long term lease to Orthodontists of SW Colorado. Currently for leased for $1,414 per month Triple Net until December 31, 2023 with a 3 year option to renew. Office has been used as a Dentist office for over 15 years with 1/2 bath and very nice finish. The 2023 $16,900 per year "Triple Net" income increases 3% annually on January 1st of each year. Elevator access, Common area deck, common restrooms, plenty of non designated parking spaces, and high speed internet access. Priced below the cost of construction this opportunity is the first time on the market since built and will be a safe long term investment for any investor in a quality Class "A" Building with on site management and is shared with many medical and professional businesses.

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC, CREN MLS

PROPERTY INFORMATION

Heating
Natural Gas
Parking Description
Paved

ADDITIONAL INFORMATION

Number of Units
1
Listing Courtesy of Keller Williams Realty Southwest Associates, LLC
This Durango Commercial is for Sale at $325,000 USD. Has 921 Sq.Ft. and 1 partial baths.

 

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC

Listing Courtesy of Keller Williams Realty Southwest Associates, LLC
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