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Corner Lot Commercial Kitchen Building
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 Market31

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 Last Checked: Jul 31 at 10:06AM
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 property includes a commercial kitchen and is currently leased and operating as a commercial kitchen. The building also features two office/storage spaces and a half bath, creating flexibility for continued food service use or other service and office-related configurations. Kitchen equipment is available for purchase via a separate agreement.

Located on a prominent corner lot with Goddard Street frontage, the site is positioned in-town in Ignacio, Colorado. The property includes a parking-ready lot and an additional small footprint for future site work or expansion.

For buyers seeking a practical income-producing asset, the current lease provides immediate occupancy, with approximately 2.5 months remaining on the term stated in the remarks. For owner-users and tenants, the combination of kitchen infrastructure plus adjacent office/storage space supports a range of operational needs, with the half bath adding to day-to-day functionality. The property’s adaptable layout can also be considered for certain commercial, retail, or service-oriented uses, subject to applicable requirements.

Key Highlights

  • 1952‑built single‑level commercial building on a prominent corner lot with Goddard Street frontage in Ignacio.
  • 1,071 SF building is currently leased and operating as a commercial kitchen, with ~2.5 months remaining on the current lease.
  • Layout includes two office/storage spaces and a half bath, adaptable for commercial, retail, office, or service uses.

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

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Single-level leased building with a commercial kitchen setup, office/storage spaces, and half bath on a prominent 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: 1952‑built single‑level commercial building on a prominent corner lot with Goddard Street frontage in Ignacio.; 1,071 SF building is currently leased and operating as a commercial kitchen, with ~2.5 months remaining on the current lease.; Layout includes two office/storage spaces and a half bath, adaptable for commercial, retail, office, or service uses.
More about this property
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