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Single-Level Commercial Kitchen
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 Market73

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
Added: Jul 1 Changed: Aug 19 Last Checked: Sep 11 at 12:06AM
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 single-level commercial kitchen facility contains 1,071 square feet and was built in 1952. The interior includes two office or storage rooms and a half bath. The property is currently leased for commercial kitchen use, with approximately 2.5 months remaining on the current lease. Kitchen equipment may be acquired through a separate agreement.

The 0.08-acre parcel occupies a prominent corner with frontage on Goddard Street and is addressed at 245 Empire Street in Ignacio. The lot provides on-site parking and additional room that may support expansion, subject to applicable approvals.

Key Highlights

  • 1,071‑square‑foot commercial kitchen building
  • Approximately 2.5 months remaining on the current lease
  • Single‑level layout with two office/storage spaces and a half bath

Property Analytics

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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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 in-town facility with two office/storage areas and a half bath.
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: 1,071‑square‑foot commercial kitchen building; Approximately 2.5 months remaining on the current lease; Single‑level layout with two office/storage spaces and a half bath
More about this property
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