4 CR 124, Hesperus, CO 81326
4 CR 124, Hesperus, CO 81326
4 CR 124, Hesperus, CO 81326
4 CR 124, Hesperus, CO 81326
4 CR 124, Hesperus, CO 81326
4 CR 124, Hesperus, CO 81326
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Kelsey Loftis

Kelsey Loftis

+1(970) 784-6768
$ 1,950,000
Est. payment | /mo

6 Baths

8,651 SqFt

Save Virtual Tour
$ 1,950,000
Est. payment | /mo
Save Virtual Tour

6 Baths

8,651 SqFt

Key Details

Property Type Commercial

Sub Type Multi-Use w/Res

Listing Status Active

Purchase Type For Sale

Square Footage 8,651 sqft

Price per Sqft $225

MLS Listing ID 835903

Full Baths 4

Half Baths 2

Year Built 2004

Tax Year 2025

Lot Size 2.440 Acres

Acres 2.44

Property Sub-Type Multi-Use w/Res

Property Description

Here in the heart of SW Colorado, opportunities like this don't come around often. Sitting on almost 2.5 acres, this commercial property offers a gorgeous restaurant, a 3 bed 2 bath Italian style residence, a cash flowing short-term-rental, storage areas, and a 1-bedroom apartment. A deeded Shalako well, revamped septic systems, natural gas, and over 220 ft of HWY 160 frontage, and room to expand new opportunities for a wedding venue, more housing, and/or more rentals. For the right buyer, the opportunities are endless on this mixed-use, commercial property. For starters, the setting just screams "Colorado"! The towering snow capped peaks of the La Plata's frame the restaurant as it sits at the entrance to La Plata Canyon which offers hiking, camping, and connection to the Colorado Trail. The Kennebec restaurant has been a Durango staple for decades offering fine dining within the walls of the gorgeous Italian style building, complete with 3 separate patios. Ask anyone in Durango and they will rave about The Kennebec. Not only does this property offer built in business opportunity and cash flow, it provides the new owner room to grow and expand. The northern part of the lot has been left as a blank slate for your imagination! Think wedding venue, expanded housing opportunities, or create more cash flowing rentals. The land and the infrastructure are already here creating a launchpad for success. Back in the day (1960's) there was a thriving motel at this location. A quick 12 min to downtown Durango, or head south to Farmington, east to Mancos and Cortez, or north to Telluride. An epic location - all that's missing is a new owner with some vision to capitalize even more on this special opportunity. Be sure to watch the < 2 min video which does a good job on capturing not only the beauty and current use of the property, but also the opportunity that awaits...

Location

State CO

County La Plata

Interior

Heating Electric, Propane

Flooring Carpet, Tile

Equipment Restaurant Trade Fixtures

Furnishings Unfurnished

Exterior

Parking Features Paved, 20 + Total Spaces

Utilities Available Electric, Internet, Phone, Propane-Tank Owned, Septic, Water

Roof Type Architectural Shingles

Building

Story 1

Sewer Engineered Septic

Water Domestic Well, Well-Other

New Construction No

Others

Virtual Tour https://youtube.com/shorts/crwzn1gPGv4?feature=share

Colorado Real Estate Network (CREN) + Sold
Listed by eXp Realty, LLC

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

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4 CR 124