This Durango Co Real Estate is and should be considered a Multi-Use Property as there is one main residence, a commercial building and gazebo yard, a duplex and a house for rental. There are also several outbuildings that can be used for multiple other purposes. The property has 5+ acres of land and about a quarter of a mile of frontage on Hwy 160, which, is the main road that runs east/west to and from Durango. This Hwy is also the gateway to Mesa Verde National Park as well as a National Scenic Byway. It receives a fantastic flow of local as well as tourism oriented traffic – visibility is great at this location.
There is no question, Multi-use commercial and residential developments on the rise, This is easy to see as you drive through established communities, notice one business closing after another. Of couse we know the reason, Amazon, the Internet and more to come. With multi-use properties, you can build your portfolio to protect your commercial real estate investment as economic conditions change.
This property has buildings that provide space to integrate residential, commercial, cultural, institutional, and industrial uses. In addition, there are vast open spaces throughout the property for additional development. Due to Durango Colorado being a destination based community, an outdoor enthusiest paridise and having a highly educated work force, Durango is a perfect place develop your new aged business.
Looking forward, the future prospects for this property are incretable! As world conditions continue to change, Durango Colorado is charted to be one of the best places to live in the United States. This particular location will increase in value exponentially due to development that has already begun and in the works ahead. It has the best road conditions and is the most scenic Hwy adjacient to Durango. This property also borders Durango City Limits on the east end and has multiple access points available.
We invite you to take a look at our web presentation for further information on this multi-use property. We hope you will find all you need to know, if not, you will easily find contact information to give us a call.
This Durango Co Real Estate is for sale and listed at $1,975.00. It is a 1031 exchange property and we would be happy to discuss your possible intentions.