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Carrie Hladik

Realtor®

  • Cell (970) 426-0333
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643 Main Avenue, Durango, CO – $3,950,000

  • $4M Price
  • 20,075 Sqft
  • .45 Acres
  • $4M Price
  • 20,075 Sqft
  • .45 Acres

643 Main Avenue

Located in the heart of thriving downtown Durango, this 20,075 sq. ft. commercial building is a great opportunity to own a mixed-use income property. This historical building was owned and occupied by Adolph Coors until 1915 and finished in 1925. It is located directly south of the famous Strater Hotel. This historical property boasts a great location with retail store frontage right on Main Avenue for excellent exposure. The world-renowned Henry Strater Theater is one of the oldest and most prestigious continually running theaters in Colorado and the United States, offering more than 50 years of performances. Formally known as the Diamond Circle Theater, the theater has been extensively renovated with top-of-the-line stage lighting and surround-sound. This intimate and prestigious venue operates year-round as a theater and community space. The property also offers seven storage units of various sizes in the rear of the Coors Building and the Black Awning Building. The corridor exits through a steel man door to the concrete patio area, gated access to the rooftop, and parking off the alley. There are also three office units that are accessed either from Main Avenue or the security gated rooftop. Two of the units overlook Main Avenue with picture windows. This property also includes five hotel rooms leased by the Strater hotel and accessed from the interior of the Strater hotel. Fire-rated doors separate the Melodrama Building from the Strater Hotel and the Coors Building. Emergency exit to the subject Coors Building and security cameras notify the front desk upon its opening. Last but not least, the second floor manager’s apartment is a one bedroom, one bathroom with an open loft kitchen and living room. The kitchen and living room have hardwood floors, and the bathroom has marble wainscot. The kitchen has wood counter tops, cabinets, and island. The kitchen has a gas stove, dishwasher, and stainless steel dual basin sink. Don't miss this rare opportunity to own a fantastic historical income property located right in downtown Durango!

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Essential Information

  • MLS® #765952
  • Price$3,950,000
  • Full Baths9
  • Half Baths1
  • Square Footage20,075
  • Acres0.45
  • Year Built1925
  • TypeCommercial
  • Sub-TypeMulti-Use
  • StatusActive

Community Information

  • Address643 Main Avenue
  • AreaDurango In Town
  • SubdivisionCity of Durango
  • CityDurango
  • CountyLa Plata
  • StateCO
  • Zip Code81301

Amenities

Utilities

Sanitary Sewer, Water, Natural Gas, Electric, Phone, Internet, Other

Parking

On Street, 2-10 Total Spaces, In Rear of Building

Interior

  • CoolingEvaporative Cooler, Other
  • Has BasementYes
  • BasementBasement-Unfinished
  • # of Stories2

Interior

Concrete, Carpet, Laminate, Wood

Heating

Forced Air, Other, Natural Gas, Electric

Exterior

  • Lot DescriptionOther
  • RoofMembrane, Built Up

Additional Information

  • Days on Website74
  • ZoningCommercial, Mixed Use

Listing Details

  • OfficeSCB and Associates
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Price Change History for 643 Main Avenue, Durango, CO (MLS® #765952)

Date Details Change
Status Changed from NEW to Active

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 2016. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to ulimited license rights. Duplication or reproduction is prohibited.
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