21516 W Hwy 160
Durango, CO 81303

$1,600,000

Description

One of the largest parcels available in the City limits, this prime 2.04 acre Commercial high visibility property on US Highway 160 is located 0.5 miles from downtown Durango is an opportunity for many possibilities. Property includes a 4,070 sq ft single level versatile block building with handicap access, paved parking, and currently leased as retail outlet, plus the yard space is rented for vehicle storage on a month to month basis. Previously the Shakey's Pizza Franchise Restaurant location this single level space with 3 restrooms, and outdoor space on Junction Creek opens many possibilities. With CDOT Average Daily Trips exceeding 22,000 vehicle per day this is a perfect location for a restaurant that would have more parking than any other location in Durango, and there are over 5 hotels on this West side of town, plus the Tech Center traffic, and all the traffic going to Mesa Verde and coming into town from the West with few options for breakfast, lunch, and dining. The property is Zoned "Commercial General", and is served by a Commercial Water Tap, Durango Central Sewer, all utilities available, plus high speed internet. The Atmos Gas 12 month average billing was $184 per month, and the LaPlata Electric average monthly billing was $368 per month. The single level block building has flat roof, gas heat, 3 bathrooms, and could be easily repurposed into other use than the current retail store (see floor plan in "Associated Docs"). Adjacent to Jiffy Lube, this close to level property and location would work well for automotive repair / parts / sales shop, or a motel, or......

Details

MLS#753706
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Year1972
Days On Site139

Features

SQ Feet4,070
Story(s)1
Units1
ZoningCommercial

Market Activity 81303

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Area Information

StateCO
CountyLa Plata
CityDurango
Zip Code81303
AreaDurango In Town
Listing VS Median (in 81303)
Price:
$1,600,000
low | high
Med:
$444,450
100% of Average
SqFt:
4,070
low | high
Med:
1,252
100% of Average
$ / SqFt:
$393
low | high
Med:
$400
48.371367678536% of Average
On Site:
139
low | high
Med:
237
58.649789029536% of Average
Listing Updated: 06/18/2019
MLS Number: 753706
Listing Provided By:
Scott Kurlander  of  Keller Williams Realty Southwest Associates LLC



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