Mixed-Use Redevelopment Opportunity

Posted by Durango Business Improvement District

Map
Satellite

Development Site

Size

0.6 acres

Ownership

Privately Owned

Availability

For Sale

In Opportunity Zone

No

Site Description

This could also be an excellent opportunity for redevelopment and/or remodel of the existing motel and open your own boutique motel. Could continue to operate the existing motel for cash flow in advance of redevelopment. Tourism in the area has stayed strong through the down economy, and the number of visitors coming to the area is increasing. This well-established motel operation caters to tourists during all seasons, and offers extended stay rates as well for those needing something more long-term. This 35 room motel is located on a busy stretch of Main avenue, with 175' of Main Avenue frontage and a highly visible signage. The property is located within walking distance to several popular restaurants, a full service grocery store, retail shopping, the Durango Rec Center, and the Animas River Trail. For more information, contact listing broker Todd Sieger at Caldwell Banker at tsieger@frontier.net.

Documents

    No documents available at this time.

General/Comprehensive Plan Designation

Request

Master Plan/Specific Plan

Request

Zoning Designation

Request

Height Limits

Request

Floor to Area Ratio (FAR)

Request

Dwelling Units per Acre

Request

Parking Requirement

Request

Other Requirement

Request

Community Support

Political Support

Incentives

Request

Costs

Request

Fee Schedule

Request

Transportation Investment

Infrastructure

Private Investment

The BID is actively pursuing opportunities to revitalize North Main (www.durangoherald.com/article/20150317/COLUMNISTS42/150319615)

Local Development Trends & Market Indicators

The City, CDOT, and BID are partnering on the development of the North Main Corridor Plan to plan for potential multimodal transportation improvements and redevelopment incentives (www.durangogov.org/northmain).
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3077 Main Ave, Durango, CO 81301

0.6 acres (26233.1 sqft)
Owner
DURANGO CO 81301
Details
APN: 566517407002

Created on July 26th, 2015 (last updated 5 months ago)