49617 U.S. Highway 550 Hwy - Commercial LAND FOR SALE


Durango, CO 81301 127,631 SF
$3,500,000 USD
970-759-8919
49617 U.S. Highway 550 Hwy, Durango, CO for Sale
$3,500,000 USD
Commercial LAND - FOR SALE
1/21
127,631 SF

49617 U.S. Highway 550 Hwy
Durango, CO 81301


HIGHLIGHTS

  • Prime Highway Frontage
  • Sweeping Rocky Mountain Views
  • In the Heart of Purgatory Ski Resort
  • Mixed Use Commercial Designation
  • Walk to the Slopes!

OVERVIEW

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. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations. This offering includes two parcels: 5089-243-13-027 Taxes 2024 $5,591 Seller: Junction Creek LLC 0.716 Acres 5089-243-13-028 Taxes 2024 $17,024 Seller: Junction Three LLC 2.214 Acres

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$1,194,537/AC

PRICE/SF

$27 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Hospitality, Apartment Units, Apartment Units - Condo, Apartment Units - Subsdzd, Bar, Hotel, Lodge/MeetingHall, Manufactured Homes/Mobile Home Park, Motel, Neighborhood Center, Restaurant, Self-Storage, Single Family Development, Specialty/Festival/Entertainment, Trailer/Camper Park

LAND ACRES

2.93 AC

LAND SF

127,631 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Streets

ZONING

Comm'l Resort Mixed-Use

APN/PARCEL ID

R017804,R423893

ASK ABOUT THIS PROPERTY

Jaime MarquezColdwell Banker Mountain Properties & CBCMore Info
970-759-8919

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Jaime MarquezColdwell Banker Mountain Properties & CBCMore Info
970-759-8919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.