48721 N Highway 550,Durango, CO 81301
Durango, CO 81301
Description
"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.
Details
| MLS # | 832610 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 171 |
| Listing Provided By | SCB and Associates | Stephen Brinley |
Features
| Bath(s) | 3 Total |
|---|---|
| SQ Feet | 1,901 |
| Story(s) | 1 |
| Units | 3 |
| Zoning | Commercial |
| Acreage | 1.51 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Heating | Baseboard, Electric, Forced Air, Propane, Wood Stove |
| Furnished | Unfurnished |
Exterior
| Exterior Features | Propane Tank Leased |
|---|---|
| Roof | Metal |
| Foundation Details | Stem Wall |
Parking
| Parking Features | Parking Spaces |
|---|
Utilities
| Utilities | Electricity Connected, Propane, Sewer Available |
|---|
Other
| List Aor | Durango Area Association Of Realtors |
|---|
Taxes
| Property | 4163 |
|---|
Area Information
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango Mountain Area |
| Community Name | Lake Purg2 |
| Listing VS Median (in Lake Purg2) | |
Price: $2,175,000 low | high Med: $2,175,000 sqft: 1,901 low | high Med: 1,901 $ / sqft: $1,144 low | high Med: $1,144 On site: 171 low | high Med: 171 | |
Market Activity 81301
Request a showing
Request a showing
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, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer
Contact
Learn More About This Property
| State | CO |
|---|---|
| County | La Plata |
| City | Durango |
| Zip Code | 81301 |
| Area | Durango Mountain Area |
| Community Name | Lake Purg2 |
| Listing VS Median (in Lake Purg2) | |
Price: $2,175,000 low | high Med: $2,175,000 sqft: 1,901 low | high Med: 1,901 $ / sqft: $1,144 low | high Med: $1,144 On site: 171 low | high Med: 171 | |
© 2026 Coldwell Banker Montrose Properties - (970) 249-2449.
Equal housing opportunity. An equal opportunity company.
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, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer
