49617 Highway 550 Durango, CO 81301

Listing agency Coldwell Banker Mountain Properties j***@realestatedurango.com Show Phone

Listed by Jaime Marquez · License #EA100030093

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Added: Apr 2, 2025 Updated: Jul 10 at 12:15PM Checked: Jul 21 at 6:56AM

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Investment Insights

Based on property information with market context.

This 2.9-acre parcel presents a commercial mixed-use resort development opportunity in Purgatory Ski Resort, north of Durango, Colorado. The site, originally built in 1969 as the Purgatory Inn, offers mountain views and highway frontage, providing visibility and year-round accessibility. The property is ideal for a boutique hotel, condos, townhomes, apartments, retail spaces, a restaurant and bar, a grocery market, or a coffee shop. La Plata County land use code could allow for 3-4 stories in height depending on the architectural design and the proposed use. The site is served by Purgatory Metro District for water and sewer, and La Plata Electric service is on-site. The existing real estate is offered "As Is" with no covenants. A new subdivision of 100 homes at Purgatory Resort was recently approved by the La Plata County Commissioners. Grayrock is located just north of this parcel.

Key Highlights

• Prime 2.9‑acre mixed‑use redevelopment site in Purgatory Ski Resort.
• Unparalleled mountain views and significant highway frontage provide excellent visibility and accessibility.
• Potential for various development options: boutique hotel, condos, retail, restaurant, and more.

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FAQs

What type of property is this?

Commercial land - 2.9-acre mixed-use redevelopment site in Purgatory Ski Resort.

Where is this commercial land located?

The property is located at 49617 Highway 550 Durango, CO.

What is the asking price?

The asking price for this property is $3,500,000.

What are key features of this property?

This property features: Prime 2.9‑acre mixed‑use redevelopment site in Purgatory Ski Resort.; Unparalleled mountain views and significant highway frontage provide excellent visibility and accessibility.; Potential for various development options: boutique hotel, condos, retail, restaurant, and more.