Description

An architectural masterpiece in the center of downtown Durango, this beautifully restored 1892 building originally hosted Colorado State Bank and later became known as the Burns National Bank Building. Currently the building hosts the popular Irish Embassy Pub which anchors the building's prominent corner presence. Additional tenants include The Steaming Bean Coffee Shop on the lower level, executive office suites accessed from 9th Street, and 14 individual office suites on the second level which has also hosted one larger tech firm utilizing all of the suites. This is the perfect opportunity for an investor to own a piece of historic downtown Durango! The various terms of the leases in place allow you to diversify your portfolio and take pride in the ownership of one of downtown's finest buildings located in the heart of the vibrant Central Business District. Financials are available for qualified buyers.

Details

MLS#747002
Sub-TypeResale
StatusActive
Year1892
Days On Site24

Features

SQ Feet22,002
Story(s)3
Units16
ZoningCentral Business District

Market Activity 81301

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Area Information

StateCO
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$3,000,000
low | high
Med:
$434,000
100% of Average
SqFt:
22,002
low | high
Med:
1,863
100% of Average
$ / SqFt:
$136
low | high
Med:
$233
20.911423172613% of Average
On Site:
24
low | high
Med:
75.5
31.788079470199% of Average
Listing Updated: 07/14/2018
MLS Number: 747002
Listing Provided By:
Christina Rinderle  of  Durango Land and Homes



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