28860 E Us Hwy 160 , Durango, CO 81301
Durango, CO 81301
Description
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 buildingall 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.
Details
| MLS# | 813138 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Building Name | Sonoco Upper E. side Deli |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 161 |
| Listing Provided By | The Wells Group of Durango, LLC | Sherry Exum-Peterson |
Features
| Bath(s) | 11 Total |
|---|---|
| SQ Feet | 5,953 |
| Story(s) | 1 |
| Units | 3 |
| Acreage | 4.60 |
Market Activity 81301
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Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango Rural |
| Listing VS Median (in 81301) | |
Price: $2,995,000 low | high Med: $700,000 SqFt: 5,953 low | high Med: 3,200 $ / SqFt: $503 low | high Med: $219 On Site: 161 low | high Med: 549.000000 | |