72 Suttle "b" Street

Durango, CO 81303

About this property

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.

About this property

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.

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$330,000 Active
1,148 SQFT

Presented By Coldwell Banker Distinctive Properties Steamboat Springs

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Get in touch today! Phone: 1-970-879-8814
Brokerage
Keller Williams Realty Southwest Associates, LLC
1-970-247-3840
Listed By Scott Kurlander
Brokerage: Keller Williams Realty Southwest Associates, LLC

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