$131.25 Per Sq Foot $2,818 est/mo Sourced by Back At You

900 Highway 160 Highway,Mancos, CO 81328

Mancos CO, 81328

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Description

Location and Accessibility: The property offers 200 feet of frontage along US Highway 160, providing high visibility and accessibility. Located adjacent to over 50 mobile home units, suggesting a built-in local customer base. Colorado Department of Transportation (CDOT) records a traffic count of 7,000 vehicles per day, indicating consistent exposure to potential customers and travelers. Property Features: Includes a residential home, mobile home, laundry mat, and retail space, offering diverse income potential across different sectors. Positioned as a gateway to the Four Corners region (Colorado, Utah, Arizona, New Mexico), Mesa Verde National Park, Telluride, and Durango, enhancing its appeal to tourists and travelers. Surrounded by abundant four-season outdoor recreational opportunities, appealing to both residents and visitors alike. Highlights an outstanding school system, which can be attractive for families considering relocation. Investment Potential: Offers multiple income streams from residential rentals, retail operations, and service-oriented businesses like a laundry mat. Strategic location along a major highway and proximity to key attractions make it a promising investment for both short-term gains and long-term growth. Positioned in a region known for its natural beauty, cultural attractions, and outdoor activities, contributing to its overall appeal and potential for attracting tenants and customers. Conclusion: This multi-use commercial opportunity in Mancos, Colorado, presents a compelling investment proposition due to its prime location, diverse income potential, and proximity to major regional attractions. With a solid infrastructure base, established residential community, and continuous traffic flow, it offers investors a chance to capitalize on both local demand and tourist traffic in a thriving economic and recreational environment. Investors seeking a blend of stability, growth potential, and diverse income streams should consider exploring this opportunity further in the vibrant Mancos area.

Details

MLS#815238
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1965
Days On Site17
Listing Provided ByThe Wells Group of Durango, LLC | Eric Roark

Features

Bath(s) 2 Total
SQ Feet4,000
Story(s)1
Units3
ZoningCommercial
Acreage0.68

Market Activity 81328

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Listings Checked: 4 minutes ago
StateCO
CountyMontezuma
CityMancos
Zip Code81328
AreaMancos
Listing VS Median (in 81328)
Price:
$525,000
low | high
Med:
$625,000
30.952380952381% of Average
SqFt:
4,000
low | high
Med:
2,676
83.1% of Average
$ / SqFt:
$131
low | high
Med:
$234
27.948608441882% of Average
On Site:
17
low | high
Med:
127
13.385826771654% of Average
Sourced by Back At You
Listing Updated: July 9, 2024 at 10:24:26 AM PDT
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