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$395,000
Est. payment /mo
2 Baths
2,049 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business Opp Available
Listing Status Active
Purchase Type For Sale
Square Footage 2,049 sqft
Price per Sqft $192
Subdivision City Of Durango
MLS Listing ID 838965
Half Baths 2
Year Built 2026
Annual Tax Amount $16,290
Tax Year 2026
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Business Opp Available
Property Description
TURNKEY DOWNTOWN DURANGO RESTAURANT w/ EXTENSIVE NEW BUILDOUT -- Rare opportunity to acquire a fully operational, recently renovated restaurant business in the heart of downtown Durango, Colorado. This approximately 2,200 SF Main Avenue location offers an incoming owner/operator or restaurant group the ability to bypass the substantial cost, permitting, construction and time required to build a restaurant from the ground up. An extensive renovation was completed in April 2026, with ownership investing more than $200,000 into the space. Highlights include a striking White Carrara quartz bar with seating for approximately 10, custom banquette seating, walnut tabletops, custom bar stools, extensive tile work, remodeled restrooms, custom walnut shelving, server station, refreshed hardwood floors, newer-generation Square POS system, and sidewalk bistro seating. Significant investment has also been made behind the scenes, including electrical and plumbing upgrades, commercial dishwashing equipment, under-bar equipment and refreshed HVAC and walk-in systems. Existing commercial kitchen infrastructure includes a hood, Ansul fire-suppression system, make-up air and professional-grade cooking equipment with substantial replacement value. The restaurant is ready for operating, with FF&E, inventory, recipes, menus and established SOPs available as part of the sale. A buyer may continue the existing concept or capitalize on the completed infrastructure to introduce their own brand. The premises is leased on a modified NNN, with approximately 1.5 years remaining on the current term with three additional long-term extension options already negotiated (10-5-5). Ownership estimates replicating the existing buildout could require 6–8 months and $600,000–$700,000 before considering lost operating time.
Location
State CO
County La Plata
Interior
Heating Forced Air
Cooling Central A/C
Flooring Tile, Wood
Equipment See FF&E List
Furnishings Furnished
Exterior
Parking Features Off Street, 2-10 Total Spaces, Assigned, In Rear of Building
Garage Spaces 6.0
Utilities Available Electric, Internet, Natural Gas, Sanitary Sewer, Water
Building
Story 1
Foundation Concrete
Sewer Public Sewer Installed
Water Public
New Construction No
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Listed by Alpenglow Properties LLC
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