49617 N Us Hwy 550, Durango, CO

$3,500,000

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2.93

Acres

About 49617 N Us Hwy 550

COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners. Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.

Listing Office : Coldwell Banker Mountain Properties-josh@realestatedurango.com

Features of 49617 N Us Hwy 550

MLS® # 822848
Price $3,500,000
Acres 2.93
Type Land
Sub-Type Commercial
Status Active

Community Information on 49617 N Us Hwy 550

Address 49617 N Us Hwy 550
Area Durango Mountain Area
Subdivision None
City Durango
County La Plata
State CO
Zip Code 81301

Amenities of 49617 N Us Hwy 550

Utilities Propane, Electricity Available, Internet
View Lake/Pond/Reservoir, Mountain(s), Valley

Interior of 49617 N Us Hwy 550

Fireplace No

School Information on 49617 N Us Hwy 550

Elementary Animas Valley K-5
Middle Miller 6-8
High Durango 9-12

Additional Information on 49617 N Us Hwy 550

Date Listed April 9th, 2025
Zoning Commercial,Other,Residential Multi Family
Data Source Cren MLS

Listing Details of 49617 N Us Hwy 550

OfficeColdwell Banker Mountain Properties

Listing Map of 49617 N Us Hwy 550

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