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$3,100,000
4.6± Acres
Active
La Plata County, CO

28860 Us Hwy 160, Durango, Colorado

MLS ID: 813138
Status: Active
Price: $3,100,000
Acres: 4.6±
Type: Development, Commercial
Address: 28860 Us Hwy 160
City, State: Durango, CO
County: La Plata County
ZIP Code: 81301
Parcel Number: 566911102001
Listed by: Sherry Exum-peterson of The Wells Group Of Durango, Llc
Bathrooms: 11
SqFt: 5,953
Year Built: 1960

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.

Additional Information

Interior

Bathrooms Half: 3
Bathrooms Full: 8
Building Area Total: 5,953
Furnished: Unfurnished
Heating (Yes/no): Yes
Heating: Electric, Propane

Exterior

Exterior Features: Propane Tank Owned
Foundation Details: Concrete Perimeter, Slab
Lot Size Dimensions: 4.548
Parking Features: Paved, Parking Spaces, Unpaved
Parking Total: 20
Road Frontage Type: Highway
Stories: 1
Water Source: Other, Well

Financial/HOA/Schools

Days On Market: 12
Spencer Jordan

Spencer Jordan

Carbondale, Colorado

(203) 962-3683

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Listed By: Sherry Exum-peterson of The Wells Group Of Durango, Llc