659 Tech Center Drive, Durango, CO 81301
La Plata County
Key Facts
Description
Well-maintained multi-tenant commercial investment property located in the Tech Center area. This steel frame building with steel siding and roof offers a total of three suites: two approximately 2,400 SF units and one approximately 1,200 SF unit. The property is currently fully occupied with established tenants and a strong rental history. Each suite is separately metered for electric and gas, with individual HVAC systems (heating and cooling) and private half baths. One suite is improved with a shower. Three-phase power is available to the building. Water is metered to the building, with usage allocated to tenants via a utility room with individual submeters and reconciled through CAM charges. Leases in place with Illete Fitness and Rock Solid Granite extend through October 31, 2027, with scheduled 4% rent increases effective November 1. Current rents provide steady income, with additional expense reimbursements structured through CAM. Expenses including taxes, snow removal, and common area costs are allocated on a proportional square footage basis (currently 60/40). Parking is open and has historically accommodated tenant and customer needs without issue. No HOA. Property is located within a city district with standard development and occupancy requirements. HVAC systems are included in the sale. Property has been fully occupied since completion, reflecting consistent demand in the area. Showings by appointment only to minimize disruption to tenants.
Property Information
Property Type
Commercial Sale
Sub-Type
Industrial
Year Built
2019
Living Area
6,115 sq ft
Lot Size
0.76 acres
Parking Spaces
27
MLS® Listing#
833895
Property Features
Heating
Flooring
Basement
Foundation
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$13,975
Tax year 2025
Parcel Number
566530202008
Directions
Head West on HWY 160, turn right onto Tech Center Drive, Property is on the left w/ sign
Affordability Calculator
$300,000
Estimated monthly payment
$7,984/mo
Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Durango, CO
- $824,390
- Median Listing Price
- 72
- Median Days on Market
- 1,961
- Median Sq Ft
- $477
- Median Price / Sq Ft
- 426
- Active Listings
- This home’s price is 82% above the area median.
- Its price per sq ft is 49% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Durango, CO.
Location
Points of Interest in Durango, CO
Showing the Durango area map.
Nearby Schools
Colorado Connections Academy @ Durango
School · 0.1 mi away
Durango Big Picture High School
Secondary · 0.1 mi away
Durango Big Picture High School
Secondary · 0.9 mi away
Sunnyside Elementary School
Elementary · 0.9 mi away
The Juniper School
Elementary · 0.9 mi away
Children's House of Durango, LLC
School · 1.0 mi away
Durango Montessori School
Elementary · 1.0 mi away
Park Elementary School
Elementary · 1.2 mi away
St. Columba School
Elementary · 1.2 mi away
Animas High School
Secondary · 1.4 mi away
Animas High School
Secondary · 1.5 mi away
Needham Elementary School
Elementary · 1.5 mi away
Durango High School
Secondary · 1.6 mi away
Miller Middle School
Secondary · 1.7 mi away
The Liberty School
School · 2.1 mi away
Mountain Middle School
Secondary · 2.1 mi away
Riverview Elementary School
Elementary · 2.2 mi away
Animas High School
Secondary · 2.3 mi away
The Juniper School
Elementary · 2.4 mi away
Columbine Christian School
Elementary · 3.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 24 Sheol Street 404, Durango, CO | $1,050,000 | 3 | 3 | 1,572 |
| 543 E 2nd Avenue 1A, Durango, CO | $1,050,000 | 3 | 2 | 1,879 |
| 500 Eagle Pass, Durango, CO | $1,050,000 | 4 | 2 | 2,376 |
| 106 Hay Barn Road, Durango, CO | $1,065,000 | 3 | 2 | 2,029 |
| 268 Timberline Drive, Durango, CO | $1,075,000 | 4 | 3 | 2,796 |
| 18 Saddle Camp, Durango, CO | $1,075,000 | 3 | 2 | 1,393 |
Moving Cost Estimate
EXIT Agents in Durango
Listing Courtesy: Wells Group Real Estate
FULL CREN Disclaimer
Real Estate listings held by companies other than Wells Group Real Estate contain that company's name.
Fair Housing Disclaimer
Date Last Updated
.
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