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Improved Commercial Land for Sale in Durango, Colorado

28870 E Highway 160, Durango, CO 81303

$2,000,000
5.6 acres
Active sale
ago
Est $11,834/mo

Ashley Blackmore, Blackmore Group, O:,,: Prime Commercial Investment Opportunity | 5.62 Acres | Durango's Eastern Growth CorridorPositioned directly across from the Three Springs development, this exceptional commercial investment opportunity offers approximately 5.62 acres across two separately deeded parcels in one of Durango's expanding commercial corridors. With established income-producing uses, strategic positioning, and long-term redevelopment potential, this property presents a compelling opportunity for investors seeking to secure a substantial landholding in the path of future growth.The western parcel encompasses approximately 1.8 acres and is currently utilized as an operating tow yard, offering a substantial commercial footprint with potential for future repositioning or redevelopment, subject to applicable zoning and land-use approvals.The eastern parcel encompasses approximately 3.82 acres and features multiple established commercial uses, including a gas station, coffee shop/deli, and motel currently occupied by long-term renters. Together, the properties generate approximately $10,000 per month in existing income, providing an opportunity for revenue while evaluating longer-term investment strategies. The operating businesses are not included in the sale.Located across from the growing Three Springs community, the properties benefit from proximity to established residential neighborhoods, commercial activity, medical facilities, and the continued eastward expansion of the Durango market. As development progresses along this corridor, larger commercial landholdings may become increasingly difficult to assemble, making this offering particularly attractive to investors with a long-term vision.Whether the objective is land banking, commercial portfolio expansion, income-producing real estate ownership, or exploring future redevelopment opportunities, the combination of two separately deeded parcels, existing commercial improvements, and current income creates multiple potential investment strategies.An opportunity to acquire 5.62 acres of strategically positioned commercial real estate while maintaining existing income in Durango's eastern development corridor.Property and business operations are offered separately; businesses are not for sale. All income figures are approximate and subject to buyer verification. Buyers should independently verify zoning, permitted uses, leases, development feasibility, utilities, and all financial information. Owner financing with down payment and financials may be an option to a qualfied buyer.

5,950
Sq feet
8
Full baths
3
1/2 baths
1960
Built

Location

Street address
28870 E Highway 160
Zip code
81303
Elevation
6,760 feet
Coordinates
37.2274, -107.8233

Directions

From Durango, Hwy 160 E to address on south side of Highway across from Three Springs

Property details

Acreage
5.6 acres
MLS #
CREN 840307
Posted

Details and features

Listing

Type
Commercial Sale

Interior

Rooms
Bathroom x 11

Listing history

DateEventPriceChangeSource
Nov 10, 2026New listing$2,000,000—CREN
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This 5.6-acre property is located at 28870 E Highway 160 in Durango, CO 81303. The property is available for sale, priced at $2,000,000. It has a 5,950 square foot structure built in 1960.

Listed by Blackmore Group, (970) 903-7477

Checked 1 hour agoUpdated Source

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