72 Suttle "a" Street

Durango, CO 81303

About this property

72 Suttle Street Condo "A" (aka #1) is a 3332 sq ft professional office on the 2nd level (with two sets of stairs for access) located in the Bodo Industrial Park multi-unit commcercial building. Good investment with rent increasing every year, plus secured by a long term lease for $2,500.00 per month Triple Net until December 31, 2024 with a option to renew. There are 8 private, around a open area, with two 1/2 bathrooms and storage closets. The "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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$550,000 Active
3,332 SQFT

Presented By Coldwell Banker Distinctive Properties Durango

Agent Image
Get in touch today! Phone: 1-970-259-3333
Brokerage
Keller Williams Realty Southwest Associates, LLC
1-970-247-3840
Listed By Scott Kurlander
Brokerage: Keller Williams Realty Southwest Associates, LLC

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Durango

Real Estate Links Our Domains