Listed by Anne Zalbowitz of Keller Williams Realty Southwest Associates,LLC
Turnkey Investment Opportunity in Uptown Durango! This 485 SqFt ground-floor commercial condo offers a ready-made, income-producing asset in the heart of Durango’s thriving North Main Corridor. Located in a high-visibility, mixed-use development, it’s already leased — providing immediate cash flow for investors seeking a secure, low-maintenance property with strong ROI potential. The functional, professional layout features a welcoming reception area, two private offices, a kitchenette, and a spacious half-bath. With its own entrance, restroom, and reception area — and no shared hallways or common areas — the space offers privacy and independence for tenants. Slate-tiled entryways, hardwood floors, solid wood doors, central air conditioning, and forced air heat reflect quality and comfort throughout. Off-street parking and a ground-floor entrance adjacent to the lot make access easy for clients and is suitable for wheelchairs. Surrounded by restaurants, schools, Starbucks, and the Durango Recreation Center, the office enjoys excellent visibility and traffic — ideal for health and wellness professionals, attorneys, advisors, consultants, tutors, and more. Recent infrastructure updates, including a new Main Avenue Crosswalk, further enhance exposure. Quarterly association fees of $660 cover water, sewer, trash, recycling, snow removal, exterior maintenance, insurance and maintenance from the studs out, and landscaping — keeping operating costs predictable and hassle-free. The current lease runs through December 31, 2025 at $1,410/month, with a 60-day notice-to-vacate option for flexibility. Insurance costs are just $377/year. Annual NOI = $13,500. Bonus: This property is located in an Enterprise Zone, offering potential tax benefits. In the ENTERPRIZE ZONE, after the owner has owned the commercial property for 10 years, they do not owe capital gains tax when they sell. Don’t miss this opportunity to own a high-potential, income-producing property in a prime Durango location. Contact agent today for financial details, lease terms, and next steps to evaluate your ROI.

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The data on this site was last updated May 16, 2026

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