Skip To Content

72 Suttle "B" Street , #2 (Aka "B" )

Durango, CO 81303
  • $330,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 814881
UPDATED: 82 min ago
$330,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 1
    1/2 BATHS
  • 1,148
    SQFT
  • $287
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2000
County:

School Ratings & Info

Listing courtesy of Keller Williams Realty Southwest Associates, LLC: 970-247-3840.


Description

72 Suttle Street Condo "B" is a 1,148 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a professional long term lease to Dominic All-Heart Couseling. Currently for leased for $1,256.00 per month Triple Net until December 31, 2024 with a option to renew. Office has receptions plus both treatment and physycian rooms, with 1/2 bath. The 2023 $15,072.00 per year "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.

Monthly Payment Calculator

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-25T10:56:41.427.
www.destinationdro.com/homes/151739190
Print Image

72 Suttle "B" Street , #2 (Aka "B" ) Durango, CO 81303

  • Price: $330,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 82 min ago
  • MLS #: 814881
0
Beds
0
Baths
1
½ Baths
N/A
Acres
1,148
SQFT
$287
$/SQFT
2000
Built
Neighborhood:
Durango In Town
County:
La Plata
Area:
Durango In Town
Property Description
72 Suttle Street Condo "B" is a 1,148 sq ft professional office on the main level (with no stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a professional long term lease to Dominic All-Heart Couseling. Currently for leased for $1,256.00 per month Triple Net until December 31, 2024 with a option to renew. Office has receptions plus both treatment and physycian rooms, with 1/2 bath. The 2023 $15,072.00 per year "Triple Net" gross income increases 3% annually on January 1st of each year. Designated Handi-cap parking in front of condo with plenty of non designated parking spaces onsite, and high speed internet access. Priced below the cost of construction the owners want to provide 3rd party seller financing terms to a qualified purchaser, with 20% downpayment, at a 6% interest rate, amortized over 20 years, and service by an escrow company. Safe long term investment in a quality Class "A" Building with many professional businesses offered at below market interest rate.
Exterior Features

Lot Dimension na Parking Paved Parking Spaces 6 Stories 1 Street Description City/TownPaved Water Well No Waterfront YN No

Interior Features

Cooling yes Finished Sq Ft 1148 Heating Fuel Source Natural Gas Loading Dock No Office Sq Ft 1148 One Quarter Baths 0

Property Features

Books Available No Cam Yes Cap Rate Percent 4.5 Covenants YES Current Business Theraphy Current Use General Office Desc Of Business Counseling Fixtures Included No Gross Scheduled Income 15072 Inventory Included No Lease Included Yes Monthly Cam Charges $290.75 Monthly Insurance Charges included Net Operating Income 15072 New Construction YN No Oa Fees tbd Oa Fees Frequency Monthly Oa Name Suttle Street Condominum Owners Association Owners Association Yes Possible Property Use Professional/Medical Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2024 Total Gas Meters 1 Total Taxes 2180.80 Type Office Vacancy Factor Prcnt 0 Variable Rate Yes Water Rights No Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-07-25T10:56:41.427.
 
https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_814881-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_814881-2.jpg https://bt-photos.global.ssl.fastly.net/cren/orig_boomver_1_814881-2.jpg
Logo
Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Keller Williams Realty Southwest Associates, LLC: 970-247-3840.