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29160 E Hwy 160

Durango, CO 81303
  • $2,200,000
  • STATUS: Active Under Contract
  • ON SITE: 296 Days
  • MLS #: 803187
Under Contract
$2,200,000
  • 0
    BEDS
  • 5.89
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 6,606
    SQFT
  • $333
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

Listing courtesy of Keller Williams Realty Southwest Associates, LLC: 970-247-3840.


Description

DEVELOPMENT AND INVESTMENT OPPORTUNITY! This 5.89 acre investment property is conveniently located in the booming Grandview area at the intersection to Three Springs & Mercy Hospital. Currently zoned commercial/mixed use, the property is located in a high traffic, high visibility area, conveniently situated at a stop light and accessible from all directions.The intersection improvements have already been made and central water and sewer are nearby. This property is being offered in its entirety. Though, the property is in the planning process to subdivide into 4 commercial/mixed use properties. Individual parcels will be marketed separately. Call agent for details and options. PROPERTY DETAILS - Breathtaking views, accessibility, visibility and proximity to town only adds to the value of this rare find. The value is in the land! However, the property currently has two sources for income generation.There is a purged double wide mobile with addition that is leased for $2500.00 a month (1,800+sq. ft., 3bd, 2bth, 2 car garage), plus a 4,800 square ft. warehouse/shop on a slab with 2 large bay doors and office space. The shop rental income is projected to be about $4000/mo. Exterior painting of the modular and deck repairs to be completed early summer. Call agent for details and pricing options of the various smaller lots and/or possibility to Lease/Occupy prior to Close.

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: 2024-03-01T23:56:42.933.
www.durangomountainrealty.com/homes/139410262
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29160 E Hwy 160 Durango, CO 81303

  • Price: $2,200,000
  • Status: Active Under Contract
  • On Site: 296 Days
  • MLS #: 803187
0
Beds
2
Baths
1
½ Baths
5.89
Acres
6,606
SQFT
$333
$/SQFT
1987
Built
Neighborhood:
Durango Rural
County:
La Plata
Area:
Durango Rural
Property Description
DEVELOPMENT AND INVESTMENT OPPORTUNITY! This 5.89 acre investment property is conveniently located in the booming Grandview area at the intersection to Three Springs & Mercy Hospital. Currently zoned commercial/mixed use, the property is located in a high traffic, high visibility area, conveniently situated at a stop light and accessible from all directions.The intersection improvements have already been made and central water and sewer are nearby. This property is being offered in its entirety. Though, the property is in the planning process to subdivide into 4 commercial/mixed use properties. Individual parcels will be marketed separately. Call agent for details and options. PROPERTY DETAILS - Breathtaking views, accessibility, visibility and proximity to town only adds to the value of this rare find. The value is in the land! However, the property currently has two sources for income generation.There is a purged double wide mobile with addition that is leased for $2500.00 a month (1,800+sq. ft., 3bd, 2bth, 2 car garage), plus a 4,800 square ft. warehouse/shop on a slab with 2 large bay doors and office space. The shop rental income is projected to be about $4000/mo. Exterior painting of the modular and deck repairs to be completed early summer. Call agent for details and pricing options of the various smaller lots and/or possibility to Lease/Occupy prior to Close.
Exterior Features

Carport Yes Carport Spaces 1 Lot Dimension 256656 Property Attached Yes Stories 1 Water Well Yes Waterfront YN No

Interior Features

Finished Sq Ft 1806 Furn Fixt Equip no Heating System1 fuel Number Overhead Doors 2 Office Sq Ft 432 One Quarter Baths 0 Total Offices 1 Warehouse Sq Ft 4368

Property Features

Books Available No Cam No Covenants NO Current Use Mixed Use Enterprise Zone Yes Exchange Trade No Fixtures Included No Gross Scheduled Income 30000 Inventory Included No Lease Included Yes 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 2022 Total Taxes 8639.76 Type Other Variable Rate No Water Rights No

[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: 2024-03-01T23:56:42.933.
 
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Durango Mountain Realty
PO Box 17000
Durango CO, 81302
Listing courtesy of Keller Williams Realty Southwest Associates, LLC: 970-247-3840.