Bert Perry - Coldwell Banker Heritage House

IQWeb_Description

MOTIVATED SELLER! BRING ALL OFFERS! Prime commercial development property with central utilities at the property. 585 feet of frontage gives this property excellent visibility on Hwy 550/160, with over 30,000 ADT, which is one of the highest traffic volumes in SW Colorado. Located just a few minutes from downtown, 5 minutes from Mercy Hospital and 10 minutes to the airport. Light Commercial Zoning, in the city limits of Durango, gives this property great commercial development potential. Highest and best use may be to develop the property as a mixed use. The upper tier, at Hwy level, might be developed with a hotel/motel, service or a retail business. The lower portion has been envisioned with approximately 30 high density residential units. The Central utilities are at the property.

IQWeb_Details

IQWeb_MLS738857
IQWeb_SubtypeResale
IQWeb_StatusActive
IQWeb_Days_on_Site299

IQWeb_Features

IQWeb_Acreage4.56

IQWeb_Market_Activity 81303

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IQWeb_Area_Information

IQWeb_StateCO
IQWeb_CountyLa Plata
IQWeb_CityDurango
IQWeb_Zip_Code81303
IQWeb_AreaDurango In Town
Listing VS Median (in 81303)
Price:
$649,977
low | high
Med:
$409,900
86.936230051217% of Average
On Site:
299
low | high
Med:
6
100% of Average
IQWeb_Listing_Updated: 08/14/2018
MLS Number: 738857
IQWeb_Listing_Provided_By:
Wendell Qualls  IQWeb_of  RE MAX Pinnacle



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