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Commercial Kitchen Building on Corner Lot
For Sale
$192,500

245 Empire Street, Ignacio, CO 81137

COMMERCIAL, Ignacio, CO

Property Size1,071 SF
Lot Size0.08 Acres
Price / SF$179.74
Days on Market56

Property Features for 245 Empire Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 1
Half bathrooms 1
Rooms Bathroom 1
Directions 18 miles from Downtown Durango; Take highway 160 East to Elmores corner; turn right onto Highway 172 to Ignacio. Continue through Ignacio on Goddard Ave. Property is on the corner of Goddard and Empire.
Standard status Active
Size 1,071 SF
Lot size 0.08 Acres

Building Details

Year built 1952
Listing Agency: Wells Group Real Estate
Listed By: Leann Sanders · License #FA100100311
Added: Jul 1 Changed: Aug 19 Last Checked: Aug 25 at 9:06PM
MLS# 835873

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial kitchen building totals 1,071 square feet and is currently leased and operating as a commercial kitchen, generating income with approximately 2.5 months remaining on the current lease. The single-level layout includes two office/storage spaces and a half bath, supporting flexibility for a range of commercial, retail, office, or service-related uses. All kitchen equipment may be purchased via a separate agreement.

Set on a prominent corner lot in Ignacio, the property includes Goddard Street frontage and is positioned for strong local visibility. The spacious lot provides ample parking and room for expansion.

Built in 1952, the property combines an in-place operating kitchen setup with adaptable interior space for an owner-user or investor seeking immediate use while planning next steps.

Key Highlights

  • Currently leased and operating as a commercial kitchen with approx 2.5 months remaining on the lease
  • 1,071‑square‑foot single‑level commercial kitchen building
  • Prominent corner lot with Goddard Street frontage

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick Building Supply Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Family Dollar Shops & Services
5,572 visits/mo 0.4 miles
Marathon Shops & Services
3,688 visits/mo 0.2 miles
Wells Fargo Shops & Services
2,561 visits/mo 0.1 miles
SUBWAY Dining
2,247 visits/mo 0.1 miles

Demographics for 81137, CO

5,094
Population
2,562
Households
2
Avg Household Size
41
Median Age
22%
College-Educated
92%
High-School Grad
258.2 sq mi
ZIP Area
20
Density / Sq Mi
$64,226
Median Household Income
$41,147
Median Earnings
$1,073
Median Rent
$309,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Leased commercial kitchen building with two office/storage spaces and a half bath on a corner lot.
Where is this commercial kitchen located?
The property is located at 245 Empire Street Ignacio, CO.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: Currently leased and operating as a commercial kitchen with approx 2.5 months remaining on the lease; 1,071‑square‑foot single‑level commercial kitchen building; Prominent corner lot with Goddard Street frontage
More about this property
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