1163 Dominguez DrDurango, CO 81303

This exceptional 1.55-acre Durango, CO property presents a rare redevelopment opportunity. Currently featuring a 7,150 sq ft, single-story, steel structure with a 14' perimeter ceiling height (rising to approximately 18' at the center), the existing building is gutted and offers potential for incorporation into a new development. Zoned for high-density residential, this site allows for 12-24 units per acre, presenting significant upside for multifamily development. The property boasts ample parking and two deeded access points, strategically located within a thriving mixed-use commercial area, surrounded by national retailers. The asking price is $1,250,000, translating to $174.83 per square foot. The property's APN is 566904300026, and it's situated at 1163 Dominguez Drive, Durango, CO 81303. Built in 1973, this Class D property offers a unique chance to capitalize on Durango's growth trajectory and high traffic area. The existing building, while currently vacant, provides a solid foundation for a creative developer. This is a prime location for a multifamily project in a high-demand area.