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49617 N Us Hwy 550

$3,500,000

49617 N Us Hwy 550, Durango, CO 81301

Active
Last Updated: 04/29/2025

2.93 acres

Lot Area

Commerc

Zoning

Details:
Lot Area:    2.93 acres
Zoning:    Commerc
MlsNumber:    822848
Description:

COMMERCIAL MIXED USE RESORT DEVELOPMENT OPPORTUNITY Presenting a rare opportunity to acquire a prime mixed-use redevelopment site in the heart of Purgatory Ski Resort north of historic downtown Durango, Colorado. This 2.9-acre parcel offers unparalleled giant mountain views and boasts significant highway frontage, for excellent visibility and year-round accessibility. Originally built in 1969 as the Purgatory Inn, this prime site is ideal to fill a void among the needs at the Resort today, which could potentially include a boutique hotel, condos, townhomes, apartments, retail, restaurant + bar, grocery market, coffee shop...or some combination! La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. Served by Purgatory Metro District for water and sewer as well as La Plata Electric service on-site. Existing real estate offered "As Is". No covenants. Seize this unparalleled opportunity to develop a landmark Resort property in one of SW Colorado's premier ski destinations.

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