$1,400,000
( $222.72Per Sq Foot )
 $7,516 est/mo Sourced by Back At You

208 County Road 250 , Durango, CO 81301

Durango, CO 81301

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Description

Rare opportunity to buy a commercial investment parcel on a CORNER location in Durango. The property is currently used by three tenants, one residential and two commercial tenants. This location is at the intersection of CR 250 and 32nd Street (CR 251). There is access from Metz Lane onto the property and excellent visibility to the growing traffic counts at this intersection. CR 251 is currently being completely rebuilt with the addition of shoulders. There are three neighboring properties that have sold recently. 157 CR 250 sold for $1,095,000,.575 acre corner, 137 CR 250 sold for $1,500,000 and sit on .78 acres, NON corner lot and 101 CR 250 sold for $1,000,000 and it is on ..646 acre lot NON corner. So the opportunity to secure this corner is an excellent opportunity. The property, subject to lease expirations, can be an excellent redevelopment site as well.

Details

MLS#815296
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1975
Days On Site107
Listing Provided ByThe Wells Group of Durango, LLC | John Wells

Features

Bath(s) 4 Total
SQ Feet6,286
Story(s)2
Units3
ZoningCommercial
Acreage0.76

Market Activity 81301

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Listings Checked: 32 seconds ago
StateCO
CountyLa Plata
CityDurango
Zip Code81301
AreaDurango In Town
Listing VS Median (in 81301)
Price:
$1,400,000
low | high
Med:
$730,000
97.857142857143% of Average
SqFt:
6,286
low | high
Med:
3,176
99.475023862552% of Average
$ / SqFt:
$223
low | high
Med:
$230
46.797858942065% of Average
On Site:
107
low | high
Med:
98.000000
100% of Average
Sourced by Back At You
Listing Updated: September 30, 2024 at 10:44:57 AM PDT