23
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$3,500,000
Est. payment /mo
2.93 Acres Lot
Active
49617 N US Hwy 550 Durango, CO 81301
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 822848
Tax Year 2024
Lot Size 2.930 Acres
Acres 2.93
Property Sub-Type Commercial
Property Description
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. A new subdivision of 100 homes at Purgatory Resort was just approved by the La Plata County Commissioners. Grayrock is just north of this parcel. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.
Location
State CO
County La Plata
Zoning Commercial,Other,Residential Multi Family
Rooms
Dining Room Yes
Exterior
Utilities Available Electricity, Internet, Propane-tank owned
View Lake/Pond/Reservoir, Mountains, Valley
Building
Sewer Sewer Tap Available, Sewer Tap Installed, Sewer Tap Paid
Water Domestic Installed/Paid, Tap Available, Tap Installed, Tap Paid
Schools
Elementary Schools Animas Valley K-5
Middle Schools Miller 6-8
High Schools Durango 9-12
Others
Virtual Tour https://youtu.be/nQfFSMu3AqA
Listed by Coldwell Banker Mountain Properties
NEARBY SCHOOL & BUSINESS
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