Improved Mixed-Use Land for Sale in Durango, Colorado

28860 E US Highway 160 Durango, CO 81301

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$2,995,000
4.6 acres
Active sale$105k dropEst $16,818/mo

Sherry M Exum-Peterson, The Wells Group of Durango, LLC, C: 970-759-9696, sherryep@wellsgroupdurango.com, www.crenmls.com: 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.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.

5,953
Sq feet
1960
Built

Location

Street Address
28860 E US Highway 160
Elevation
6,765 feet
Coordinates
37.2271, -107.8239

Property details

MLS Number
CREN 813138
Date Posted

This 4.6-acre property is located at 28860 E US Highway 160 in Durango, CO 81301 with latitude 37.2271 and longitude -107.8239. The property is currently available for sale for $2,995,000. It has a 5,953 sq ft structure built in 1960. Listing data is sourced from Colorado Real Estate Network Inc. # 813138.

Verify sale details at the property source or contact Wells and Company Real Estate at (970) 259-6680.

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Updated . Checked 1 hour ago. Parcel data by Regrid.

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