Commercial Sale · Active

48721 N Highway 550

Durango, CO 81301

3 Baths · 1,901 Sq Ft

$2,175,000

Mixed Use

Property Type

1.51 acres

Lot Size

1969

Year Built

$1,144

Price per Sq Ft

832610

MLS #

About This Property

"High Income Producer with Strong Cash Flow and a Great Tenant" Tenant purchased and owns the Nugget Mountain Bar LLC and pays a monthly lease to the Owner/Landlord. Tenant will stay on for the remainder of the 7 year lease or sell the LLC and vacate the premises to allow the new owner to operate the facility. Perfect for an Investor or a Mom and Pop Operator. Seller will Owner Finance the sale of the subject property to a qualified buyer.

Contact agent for more information. This property is located at the base of the "New Colorado Couloir Ski Run" and the "New Gelande Lift", set to be installed this coming summer, making this property a true ski in ski out location. The Nugget is the most popular bar and restaurant in the north county ski area. The property the Nugget sits on is zoned commercial/residential and has the ability to be further developed with more nightly rentals and additional parking.

The adjacent lands to the west and south are currently going through the planning and zoning process for a single family, multifamily and condominium development, creating an adjacent neighborhood of approximately 200 plus new units.

218 days on market

Listed by Stephen Brinley · SCB and Associates · 970-759-8000

Last updated: 8/12/2026 8:40 AM · Source: Colorado Real Estate Network (CREN), MLS#: 832610

Property Details

Key Details

Property Type Commercial Sale
Sub Type Mixed Use
Status Active
Price per Sq Ft $1,144
Subdivision Lake Purg2
MLS # 832610
Days on Market 218
Full Baths 3

More Details

Year Built 1969
Lot Size (Sq Ft) 65,776
Acres 1.51
Annual Taxes $4,163
Tax Year 2022
State CO
County La Plata
Zoning Commercial

Interior

Heating Baseboard, Forced Air, Wood Stove
Flooring Wood

Exterior & Parking

Parking Features 20 + Total Spaces
Roof Metal

Building & Lot

Sewer Public Sewer
Water Source Well-Other
New Construction No

Location

Price History

DateEventPrice
5/30/2026 Listing removed
Source: Colorado Real Estate Network (CREN) #835201
—
5/26/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #835201
$450,000 -79.3% $237/sqft
5/19/2026 Price change
Source: Colorado Real Estate Network (CREN) #832610
$2,175,000 -22.0% $1,144/sqft
3/16/2026 Listed for sale
Source: Colorado Real Estate Network (CREN) #832610
$2,790,000 $1,468/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 August 12, 2026 at 8:40 AM.

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