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28860 E Us Hwy 160

Durango, CO 81301
  • $3,100,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 813138
UPDATED: 56 min ago
$3,100,000
  • 0
    BEDS
  • 4.6
    ACRES
  • 8
    BATHS
  • 3
    1/2 BATHS
  • 5,953
    SQFT
  • $521
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.


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 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, with a recorded easement in place for future convenience. 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.

Monthly Payment Calculator

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-06-16T13:56:52.417.
www.durangomountainrealty.com/homes/150163211
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28860 E Us Hwy 160 Durango, CO 81301

  • Price: $3,100,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 56 min ago
  • MLS #: 813138
0
Beds
8
Baths
3
½ Baths
4.6
Acres
5,953
SQFT
$521
$/SQFT
1960
Built
Neighborhood:
Durango Rural
County:
La Plata
Area:
Durango Rural
Property 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 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, with a recorded easement in place for future convenience. 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.
Exterior Features

Acreage Range 2-4.99 Carport No Lot Dimension 4.548 Parking PavedPartially Paved20 + Total Spaces Parking Spaces 20 Property Description Other Sewer Public Sewer Installed Stories 1 Street Description State Highway Water OtherWell or Cistern Installed Water Well No Waterfront YN No

Interior Features

Ceiling Height 8 ft Finished Sq Ft 5953 Foundation ConcreteSlab Heating Fuel Source ElectricPropane Main Sq Ft 5953 One Quarter Baths 0 Total Offices 0

Property Features

American Disabil Act No Books Available No Cam No Covenants YES Current Business Sonoco Upper E. side Deli Current Use RestaurantOtherMixed Use Exchange Trade No Existing Utilities ElectricPropane-Tank OwnedSanitary SewerWater Fixtures Included No Inventory Included No Landlord Pays Real Estate TaxesTrash Lease Included Yes Monthly Insurance Charges Lessee New Construction YN No Owners Association No Possible Property Use Mixed-Use Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Tenant Pays Building InsuranceElectricExt Maintenance (Bldg)GasInterior MaintenanceJanitorialOtherReal Estate TaxesSewer/WaterSnow RemovalTrash Total Electric Meters 3 Total Taxes agnt rmrks Type Multi-Use w/Res Variable Rate No Water Rights No Year Started 1960

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2024. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Durango Mountain Realty contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2024-06-16T13:56:52.417.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.