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2 Baths
6,115 sqft

$1,500,000

659 Tech Center Drive, Durango CO, 81301

Price per sqft$245.30
Built in2019
Property size6,115 sqft
Property typeCommercial
Listed by Morgan Pavon with Wells Group Real Estate 970-946-8407

Overview

Active

Listed Apr 23, 2026

Updated 3 days ago

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.

Additional information

MLS® ID
833895

Interior Features

Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.76 Acres

Listed by Morgan Pavon with Wells Group Real Estate 970-946-8407


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Data last updated on: 10/9/2026

 

 

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