Active
28860 E US Hwy 160
Durango CO, 81301
$2,995,000
$503.11 per sqft
Active
11 Baths
5,953 sqft
Commercial
Built in 1960
Courtesy of The Wells Group of Durango, LLC with Listing Contact: 970-759-9696
Fantastic opportunity for both immediate income and future development! This property boasts ownership of land and buildings, featuring long-term tenants already in place. The site includes the well known Grandview Gas and Convenience Store, a bustling deli, and a standalone apartment building--all generating an approximate annual income of $120,000. Strategically situated with existing infrastructure and highway accessibility, this property is ideally located opposite the hospital and Three Springs. Although the property has a well (not in use), there's an existing 3000 gallon cistern and plans for a central water hookup. Additionally, the eastern lot is leased by two reputable towing companies, included in the revenue streams. With its prime location, established tenants, and potential for future growth, this property presents a rare and lucrative investment opportunity.
813138
MLSⓇ ID
May 3, 2024
Listed
November 22, 2024
Updated
Map
28860 E US Hwy 160
Durango CO, 81301
Interior Features
Total Stories
1
Total Bathrooms
11
Full Bathrooms
8
Half Bathrooms
3
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric, Propane
Exterior/Building Features
Lot Size
4.6 Acres
Exterior Features
Propane Tank - Owned
Lot Features
Other
Sewer
Connected, Public Sewer
Other Property Details
Area Name
Durango Rural
Days on Market
119
Garage
No
Parking
Paved, Parking Space(s), Unpaved
Parking Total
20
View
No
County
La Plata
Water Source
Other, Well
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/28/2024 | Price change | $2,995,000 -4% |
Courtesy of The Wells Group of Durango, LLC with
Listing Contact: 970-759-9696
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Data last updated on: 11/22/2024