Ski-Base Bar and
For Sale
$2,175,000
48721 Highway 550, Durango, CO 81301
Established bar and restaurant with an existing tenant lease and commercial/residential zoning.
Property Size1,901 SF
Price / SF$1,144
Days on Market165
Property Features for 48721 Highway 550
General Information
Standard status
Active
Size
1,901 SF
Taxes and HOA fees
Annual Taxes
$4,163
Listing Agency:
SCB and Associates
(970) 759-8000
Listed By:
Stephen Brinley
(970) 759-8000
Source:
Exprealty
Added: Mar 18
Changed: Aug 21
Last Checked: Aug 29 at 1:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCB and Associates
Investment Insights
Based on property information with market context.
This bar and restaurant property is located at the base of the New Colorado Couloir Ski Run and the planned New Gelande Lift in Colorado’s north county ski area. The operating business, Nugget Mountain Bar LLC, is owned by the tenant, who leases the premises from the property owner.
The current lease has 7 years remaining, and the tenant is expected to remain for that term unless the business is sold and the premises vacated for a new operator. The property is zoned commercial/residential and may support additional development, including nightly rentals and parking, subject to applicable planning and zoning approvals. Adjacent land to the west and south is undergoing planning and zoning review for single-family, multifamily, and condominium development totaling approximately 200 plus units.
The current lease has 7 years remaining, and the tenant is expected to remain for that term unless the business is sold and the premises vacated for a new operator. The property is zoned commercial/residential and may support additional development, including nightly rentals and parking, subject to applicable planning and zoning approvals. Adjacent land to the west and south is undergoing planning and zoning review for single-family, multifamily, and condominium development totaling approximately 200 plus units.
Key Highlights
- Existing bar and restaurant leased to Nugget Mountain Bar LLC
- 7‑year remaining lease term
- Located at the base of the New Colorado Couloir Ski Run
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81301, CO
30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- The Nugget Mountain Bar — 48721 US-550, Durango, CO 81301
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar and restaurant with an existing tenant lease and commercial/residential zoning.
Where is this bar & pub located?
The property is located at 48721 Highway 550 Durango, CO.
What is the asking price?
The asking price for this property is $2,175,000.
What are key features of this property?
This property features: Existing bar and restaurant leased to Nugget Mountain Bar LLC; 7‑year remaining lease term; Located at the base of the New Colorado Couloir Ski Run
