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29160 E Hwy 160

Durango, CO 81303
  • $1,600,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 799672
UPDATED: 61 min ago
$1,600,000
  • 0
    BEDS
  • 5.89
    ACRES
  • 2
    BATHS
  • 1
    1/2 BATHS
  • 6,606
    SQFT
  • $242
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1987
County:

School Ratings & Info

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


Description

INVESTMENT & DEVELOPMENT OPPORTUNITY! Conveniently located in the in the booming Grandview area at the intersection to Three Springs & Mercy Hospital you can find this 5.89 acre investment opportunity. Currently zoned commercial use, the property is located in a high traffic, high visibility area, conveniently situated at a stop light and accessible from all directions. After further discussion with LaPlata County's Planning Dept. they are open to an abundance of uses. As a larger parcel they have suggested a motel/hotel site, grocery, strip mall or multi-use commercial elements. Currently the property is in the planning process to subdivide into 5 smaller commercial properties. Upon receipt of the preliminary subdivision approval the price of the entirety will likely be increased and individual parcels will be marketed separately. Call for details and options. PROPERTY DETAILS - Breathtaking views, accessibility, visibility and proximity to town only adds to the value of this rare find. The property currently has two sources for income generation in a manufactured home and sizable shop. There is a purged double wide mobile with addition that rents for $2100.00 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. You would be hard pressed to find even unimproved land of this size in town. Priced to sell quickly! The Shop rents project to be about $4000/mo. The intersection improvements have already been made and central water and central sewer are nearby. NOTICE - This property is currently is in the process to be subdivided into 5 one acre(approximate) parcels. Call for details and pricing options of the various smaller lots and/or possibility to Lease/Occupy prior to Close.

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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 2022. 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 Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-29T21:56:27.42.
www.lovewhereyouliveco.com/homes/134897160
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29160 E Hwy 160 Durango, CO 81303

  • Price: $1,600,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 61 min ago
  • MLS #: 799672
0
Beds
2
Baths
1
½ Baths
5.89
Acres
6,606
SQFT
$242
$/SQFT
1987
Built
Neighborhood:
None
County:
La Plata
Area:
Durango Rural
Property Description
INVESTMENT & DEVELOPMENT OPPORTUNITY! Conveniently located in the in the booming Grandview area at the intersection to Three Springs & Mercy Hospital you can find this 5.89 acre investment opportunity. Currently zoned commercial use, the property is located in a high traffic, high visibility area, conveniently situated at a stop light and accessible from all directions. After further discussion with LaPlata County's Planning Dept. they are open to an abundance of uses. As a larger parcel they have suggested a motel/hotel site, grocery, strip mall or multi-use commercial elements. Currently the property is in the planning process to subdivide into 5 smaller commercial properties. Upon receipt of the preliminary subdivision approval the price of the entirety will likely be increased and individual parcels will be marketed separately. Call for details and options. PROPERTY DETAILS - Breathtaking views, accessibility, visibility and proximity to town only adds to the value of this rare find. The property currently has two sources for income generation in a manufactured home and sizable shop. There is a purged double wide mobile with addition that rents for $2100.00 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. You would be hard pressed to find even unimproved land of this size in town. Priced to sell quickly! The Shop rents project to be about $4000/mo. The intersection improvements have already been made and central water and central sewer are nearby. NOTICE - This property is currently is in the process to be subdivided into 5 one acre(approximate) parcels. Call for details and pricing options of the various smaller lots and/or possibility to Lease/Occupy prior to Close.
Exterior Features

Acreage Range 5-9.99 Carport No Construction Wood Frame Lot Dimension 256656 Property Attached Yes Stories 1 Water Well Yes Waterfront YN No

Interior Features

Finished Sq Ft 4368 Heating System1 Fuel Main Sq Ft 1806 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 Business Excavation Current Use Office Warehouse Enterprise Zone Yes Exchange Trade No Fixtures Included No Inventory Included No Lease Included No New Construction YN No Owners Association No Possible Property Use Warehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2021 Total Taxes 8448 Type Other Type Of Sale N/A Variable Rate No Water Rights No Zoning Type Commercial

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 2022. 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 Western Slope Real Estate contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2022-11-29T21:56:27.42.
 
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Western Slope Real Estate
1338 Grand Ave, Suite 313
Glenwood Springs CO, 81601
Listing courtesy of Keller Williams Realty Southwest Associates, Llc: 970-247-3840.