Prime Development Opportunity in the Heart of Downtown Durango

Posted by Durango Business Improvement District

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Development Site

Size

0.49 acres

Ownership

Privately Owned

Availability

For Sale
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Site Description

Premiere and extraordinary development opportunity in the Heart of Downtown Durango, Colorado. Designated as general office/retail storefront/mixed-use/residential providing the flexibility and ability to customize and/or utilize the already developed plans.

See renderings of planned Phase 2 in the Photos section below that illustrate the potential for the future site development as the second phase of the successful Crossroads Phase 1 building.

  • 1/2 acre parcel with existing rental income
  • 15 parking spaces on site
  • 60 parking spaces along the west side of Narrow Gauge Ave.

Also included are the following:

  • Full set of Architectural “Design Development” drawings previously approved by the City of Durango
  • Phase 2 equipment/amenities installed in Phase 1
  • 4 pipe heating/cooling central plant sized for 2nd Phase, in place
  • 2 of 3 designed elevators for P-1 and P-2, in place
  • Fire sprinkler service entry and associated equipment for both phases, in place
  • Security system equipment and infrastructure both phases, in place
  • Water tap for both phases in place
  • Public bathrooms at 1st, 2nd, and 3rd floors, sized for both phases, in place

For more information, contact listing broker Christina Rinderle at Durango Land and Homes at christina@durango.net

Fee Schedule

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Planning & Policy Documents / Request for Proposals (RFP)

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Technical/Environmental Studies

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Financial/Economic Reports

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General/Comprehensive Plan Designation

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Master Plan/Specific Plan

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Zoning Designation

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Height Limits

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Floor to Area Ratio (FAR)

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Dwelling Units per Acre

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Parking Requirement

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Other Requirement

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Other Completed Agency Approvals

Special Use Permit

Zoned for Preferred Outcomes

Political Support

Community Support

Incentives

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Costs

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Infrastructure

Transportation

Private Investment

The City of Durango and BID members have spent several decades investing in infrastructure and programs to promote Downtown revitalization.

Local Development Trends & Market Indicators

Commercial vacancy rates are currently near 0%. Downtown residential supply is limited despite historically high prices points for both for-sale and for-rent units.
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1027 Main Ave, Durango, CO 81301

0.49 acres (21232.18 sqft)
Owner
DOWNTOWN DURANGO INVESTMENTS LLC
DURANGO CO 81301
Details
APN: 566529210135
For Sale

Contact Christina Rinderle

Christina, from Durango Land and Homes, has more details.

Created on July 26th, 2015 (last updated 10 months ago)