28860 E Us Hwy 160, Durango, CO

$2,995,000

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5,953

Square feet

4.60

Acres

About 28860 E Us Hwy 160

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.

Listing by The Wells Group of Durango, LLC

Features of 28860 E Us Hwy 160

MLS® # 813138
Price $2,995,000
Bathrooms 0.00
Full Baths 8
Half Baths 3
Square Footage 5,953
Acres 4.60
Year Built 1960
Type COMMERCIAL
Sub-Type Multi-Use w/Res
Status Active

Community Information

Address 28860 E Us Hwy 160
Area Durango Rural
City Durango
County La Plata
State CO
Zip Code 81301

Interior

Heating Electric, Propane
Fireplace No

Exterior

Foundation Slab, Concrete Perimeter

Additional Information

Date Listed May 1st, 2024
Data Source Cren MLS

Listing Details

OfficeThe Wells Group of Durango, LLC

Listing Map

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