"OPPORTUNITY ZONE" with "TAX INCENTIVES" on HIGHWAY 160 this is one of the larger commercial parcels in the City limits. Prime 2.04 acre Commercial high visibility property on US Highway 160 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......

  • MLS# 753706
  • Style IQWeb_Mixed Use
  • Sub-Type Resale
  • Status Pending - Show
  • Year 1972
  • Days On Site 261
SQ Feet 4,070
Story(s) 1
Units 1
Zoning Commercial
Listing Provided By:
Scott Kurlander  of  Keller Williams Realty Southwest Associates LLC
 
 
 
 
 
 
 
 
 
 
 
this listing $1,550,000
229.82%
$469,950 in 81303
this listing 4,070 SqFt
164.46%
1,539 SqFt in 81303
this listing $381 $/SqFt
404.18%
$76 $/SqFt in 81303
this listing 261 on site
8.74%
286 on site in 81303

Location

State CO
County La Plata
City Durango
Zip Code 81303
Area Durango In Town

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