Commercial Sale · Active

28870 E Hwy 160

Durango, CO 81303

11 Baths · 5,950 Sq Ft

$2,000,000

Mixed Use

Property Type

5.6 acres

Lot Size

1960

Year Built

$336

Price per Sq Ft

840307

MLS #

About This Property

Prime Commercial Investment Opportunity | 5.62 Acres | Durango’s Eastern Growth Corridor Positioned 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.

4 days on market

Listed by Ashley Blackmore & David Bachman · Blackmore Group · 970-444-2431

Last updated: 11/10/2026 2:24 PM · Source: Colorado Real Estate Network (CREN), MLS#: 840307

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Price per Sq Ft $336
MLS # 840307
Days on Market 4
Full Baths 8
Half Baths 3

More Details

Year Built 1960
Lot Size (Sq Ft) 243,936
Acres 5.6
Annual Taxes $28
Tax Year 2025
State CO
County La Plata
Zoning Business,Commercial

Exterior & Parking

Parking Features 20 + Total Spaces

Building & Lot

Sewer Public Sewer
Water Source Well or Cistern Installed, Well-Other
New Construction No

Location

Price History

DateEventPrice
11/20/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #840307
$2,000,000 -33.2% $336/sqft
6/8/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #826161
—
7/2/2025 Listed for sale
Source: Colorado Real Estate Network (CREN) #826161
$2,995,000 $503/sqft

SOURCE: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network (CREN). All data deemed reliable but not guaranteed and should be independently verified. The information contained in this publication is subject to change without notice.

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Listing information last updated November 10, 2026 at 2:24 PM.

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