Commercial Property for sale 273 E College Dr 1,241 SF Retail Building Durango, CO 81301 $2,093,880 CAD ($1,687.25 CAD/SF)

Commercial Property for sale by owner.
This commercial property has been owned by current owners for almost 20 years. The Business on premise has been operating as a liquors store since the late 1970's.
Our future plans were to develop property into commercial office spaces and rentals, as it has a larger lot size of .0135 with ample parking. Lots this size to the proximity of Downtown Durango are hard to come by and this lot is truly unique and offers a multitude of development possibilities.
This property is ideal for those who are looking for a truly passive form of income as there is an established business renting building on premise already, OR for someone looking to further their professional portfolio with commercial development projects.
This property is located within one block of Downtown Durango Colorado. Walking distance to the Historic Durango-Silverton Narrow Gauge Railroad, which generates over $500,000 annually to the local Durango economy. Also, within walking distance to the historic Stater and General Palmer Hotels and several other Hotels and restaurants are nearby.
Please do NOT bother the tenant with questions regarding sale of Property. Please be respectful and direct any and all questions to the Owners Only.
10 day due diligence period with 30 day day close. 10% escrow. No Owner carry options. Closing will be handles by local attorney in Durango, Colorado.