$2,995,000
( $503.11Per Sq Foot )
 $16,078 est/mo Sourced by Back At You

28860 E Us Hwy 160 , Durango, CO 81301

Durango, CO 81301

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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 TypeFor Sale
StyleMixed Use
Building NameSonoco Upper E. side Deli
Sub-TypeResale
StatusActive
Year1960
Days On Site184
Listing Provided ByThe Wells Group of Durango, LLC | Sherry Exum-Peterson

Features

Bath(s) 11 Total
SQ Feet5,953
Story(s)1
Units3
Acreage4.60

Market Activity 81301

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Listings Checked: 6 seconds ago
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango Rural
Listing VS Median (in 81301)
Price:
$2,995,000
low | high
Med:
$747,450
100% of Average
SqFt:
5,953
low | high
Med:
1,836
100% of Average
$ / SqFt:
$503
low | high
Med:
$426
65.402622577211% of Average
On Site:
184
low | high
Med:
63.500000
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 10:38:40 AM PDT