48721 N Highway 550, Durango, CO 81301
48721 N Highway 550, Durango, CO 81301
48721 N Highway 550, Durango, CO 81301
48721 N Highway 550, Durango, CO 81301
48721 N Highway 550, Durango, CO 81301
48721 N Highway 550, Durango, CO 81301
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Kelsey Loftis

Kelsey Loftis

+1(970) 784-6768
$ 2,175,000
Est. payment | /mo

3 Baths

1,901 SqFt

Save
$ 2,175,000
Est. payment | /mo
Save

3 Baths

1,901 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 1,901 sqft

Price per Sqft $1,144

Subdivision Lake Purg2

MLS Listing ID 832610

Full Baths 3

Year Built 1969

Annual Tax Amount $4,163

Tax Year 2022

Lot Size 1.510 Acres

Acres 1.51

Property Sub-Type Other

Property Description

"High Income Producer with Strong Cash Flow and a Great Tenant" Tenant purchased and owns the Nugget Mountain Bar LLC and pays a monthly lease to the Owner/Landlord. Tenant will stay on for the remainder of the 7 year lease or sell the LLC and vacate the premises to allow the new owner to operate the facility. Perfect for an Investor or a Mom and Pop Operator. Seller will Owner Finance the sale of the subject property to a qualified buyer. Contact agent for more information. This property is located at the base of the "New Colorado Couloir Ski Run" and the "New Gelande Lift", set to be installed this coming summer, making this property a true ski in ski out location. The Nugget is the most popular bar and restaurant in the north county ski area. The property the Nugget sits on is zoned commercial/residential and has the ability to be further developed with more nightly rentals and additional parking. The adjacent lands to the west and south are currently going through the planning and zoning process for a single family, multifamily and condominium development, creating an adjacent neighborhood of approximately 200 plus new units.

Location

State CO

County La Plata

Interior

Heating Electric Baseboard, Forced Air, Wood Stove

Flooring Wood

Furnishings Unfurnished

Exterior

Parking Features 20 + Total Spaces

Utilities Available Electric, Propane-Tank Leased, Sanitary Sewer

Roof Type Metal

Building

Story 1

Foundation Stemwall

Sewer Public Sewer Installed

Water Well-Other

New Construction No

Colorado Real Estate Network (CREN) + Sold
Listed by SCB and Associates

Nearby Locations

Kelsey Loftis

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 784-6768

kelseyloftis@gmail.com

PO Box 7053 Gunnison, CO 81230

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Crystal Peak Properties, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

48721 N Highway 550