28860 Highway 160
$2,995,000
—
8
3
5,953
5,953
$503
Description
Fantastic opportunity for both immediate income and future development! This property boasts ownership of land and buildings, featuring long-term tenants already in place. The site includes the well known Grandview Gas and Convenience Store, a bustling deli, and a standalone apartment building—all generating an approximate annual income of $120,000. Strategically situated with existing infrastructure and highway accessibility, this property is ideally located opposite the hospital and Three Springs....Fantastic opportunity for both immediate income and future development! This property boasts ownership of land and buildings, featuring long-term tenants already in place. The site includes the well known Grandview Gas and Convenience Store, a bustling deli, and a standalone apartment building—all generating an approximate annual income of $120,000. Strategically situated with existing infrastructure and highway accessibility, this property is ideally located opposite the hospital and Three Springs. Although the property has a well (not in use), there's an existing 3000 gallon cistern and plans for a central water hookup. Additionally, the eastern lot is leased by two reputable towing companies, included in the revenue streams. With its prime location, established tenants, and potential for future growth, this property presents a rare and lucrative investment opportunity.
- Listed by Sherry Exum-Peterson • The Wells Group of Durango, LLC
- Listed by Aaron Peterson • The Wells Group of Durango, LLC
Property Details for 28860 Highway 160
Water Front
No
LISTING UPDATED: 08/28/2024 10:26 AM
Property Details for 28860 Highway 160
Status | Active |
---|---|
MLS # | 813138 |
Days on Market | 236 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial / Multi-Use w/Res |
Year Built | 1960 |
Lot Size | 4.60 AC / 200,376 SF |
County | La Plata County |
Building Information for 28860 Highway 160
Stories-Residences3Year Built1960Lot Size4.60 AC / 200,376 SF
Property Information for 28860 Highway 160
Property History for 28860 Highway 160
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 28860 Highway 160
Taxable ValueLand$193,280Additions-Total$193,280
Tax Record2023$8,192 ($683 / month)
Home Facts
Lot Size78,408 SqFtStyleCommercialCountyLA PLATAAPN5669-112-00-022
Schools near 28860 Highway 160
This home is within Durango 9-R School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 5 to 12 |
Rating | School | Distance |
---|---|---|
Florida Mesa Elementary School PublicPK to 5 | ||
Escalante Middle School Public6 to 8 | ||
Durango High School Public9 to 12 | ||
Robert Denier Youth Services Center Public5 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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