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    32243 N Hwy 550

    Durango, CO 81301
    • $2,175,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 771238
    UPDATED: 38 min ago
    $2,175,000
    • 0
      BEDS
    • 3.32
      ACRES
    • 9
      BATHS
    • 1
      1/2 BATHS
    • 11,568
      SQFT
    • $188
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1968
    County:

    School Ratings & Info

    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.


    Description

    This is a fantastic income producing property, in a wonderful location in the North Animas Valley. This property has 9 residential rental units, two commercial units, and a healthy dry storage clientele of mostly RV's and Boats. Zoning for this property is neighborhood commercial, which is best described as "mixed use" allowing for both residential and light commercial uses. This location with the Hermosa Creek Grill, Speedway Gas Station, Hermosa Mini Storage - off Mead Lane - has been identified by the La Plata County Planning Department, as a growth hub of the North Animas Valley. Opportunities like this do not come to the market every year in La Plata County, offering approximately 519 feet of highway frontage - on a hard corner - with stable and consistent income, in an identified growth hub. This property is being offered at a 7% Cap Rate, which is competitive for our marketplace. Call Listing Broker for more details.

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    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 2020. 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: 2020-09-22T11:56:31.653.
    www.durangomountainrealty.com/homes/107185531
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    32243 N Hwy 550 Durango, CO 81301

    • Price: $2,175,000
    • Status: Active
    • Updated: 38 min ago
    • MLS #: 771238
    0
    Beds
    9
    Baths
    1
    ½ Baths
    3.32
    Acres
    11,568
    SQFT
    $188
    $/SQFT
    1968
    Built
    Neighborhood:
    Durango Rural
    County:
    La Plata
    Area:
    Durango Rural
    Property Description
    This is a fantastic income producing property, in a wonderful location in the North Animas Valley. This property has 9 residential rental units, two commercial units, and a healthy dry storage clientele of mostly RV's and Boats. Zoning for this property is neighborhood commercial, which is best described as "mixed use" allowing for both residential and light commercial uses. This location with the Hermosa Creek Grill, Speedway Gas Station, Hermosa Mini Storage - off Mead Lane - has been identified by the La Plata County Planning Department, as a growth hub of the North Animas Valley. Opportunities like this do not come to the market every year in La Plata County, offering approximately 519 feet of highway frontage - on a hard corner - with stable and consistent income, in an identified growth hub. This property is being offered at a 7% Cap Rate, which is competitive for our marketplace. Call Listing Broker for more details.
    Exterior Features

    Approx Irrig Acres 1 Carport No Lot Dimension 3.32 Acres Stories 1 Water Well No Waterfront YN No

    Interior Features

    Finished Sq Ft 10023 Office Sq Ft 1545 One Quarter Baths 0 Total Offices 2

    Property Features

    Books Available No Cam No Current Use Mixed Use Exchange Trade No Fixtures Included No 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 2019 Total Taxes 5901.28 Type Multi-Use W/Res Variable Rate No Water Rights Yes

    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 2020. 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: 2020-09-22T11:56:31.653.
     
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    Durango Mountain Realty
    PO Box 17000
    Durango CO, 81302
    Listing courtesy of Keller Williams Realty Southwest Associates, Llc.