$192,500
( $179.74Per Sq Foot )
 $1,033 est/mo Sourced by Back At You

245 Empire Street,Ignacio, CO 81137

Ignacio, CO 81137

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Description

SELLER FINANCING AVAILABLE! Affordable investment opportunity with excellent visibility and future potential! Located in the heart of Ignacio on a prominent corner lot with Goddard Street frontage, this income-producing property offers exceptional value at an attractive price point. The 1,071-square-foot building is currently leased and operating as a commercial kitchen, providing immediate rental income with approximately 2.5 months remaining on the current lease. The single-level layout includes two office/storage spaces and a half bath, making it adaptable for a variety of commercial, retail, office, or service-related uses. The spacious lot offers ample parking and room for expansion, creating opportunities for future growth and increased value. Whether you're seeking an investment property, owner-user opportunity, or redevelopment potential, this versatile property delivers flexibility, visibility, and upside in a convenient in-town location. All kitchen equipment can be purchased via separate agreement.

Details

MLS #835873
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Year1952
Days On Site70
Listing Provided ByWells Group Real Estate | Leann Sanders

Features

Bath(s) 1 Total
SQ Feet1,071
Story(s)1
Units1
ZoningCommercial
Acreage0.08

Interior

Heating Yes / NoYes
HeatingBaseboard, Natural Gas
FurnishedUnfurnished

Exterior

Lot FeaturesCorner Lot

Utilities

UtilitiesElectricity Connected, Natural Gas Available, Water Available, Sewer Available

Other

List AorDurango Area Association Of Realtors

Taxes

Property2291

Area Information

StateCO
CountyLa Plata
CityIgnacio
Zip Code81137
AreaIgnacio In Town
Listing VS Median (in 81137)
Price:
$192,500
low | high
Med:
$565,000
100% of Average
sqft:
1,071
low | high
Med:
4,608
100% of Average
$ / sqft:
$180
low | high
Med:
$123
81.782670454545% of Average
On site:
70
low | high
Med:
58
100% of Average
Sourced by Back At You

Market Activity 81137

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Learn More About This Property

StateCO
CountyLa Plata
CityIgnacio
Zip Code81137
AreaIgnacio In Town
Listing VS Median (in 81137)
Price:
$192,500
low | high
Med:
$565,000
100% of Average
sqft:
1,071
low | high
Med:
4,608
100% of Average
$ / sqft:
$180
low | high
Med:
$123
81.782670454545% of Average
On site:
70
low | high
Med:
58
100% of Average
Sourced by Back At You
Listing Updated: July 9, 2026 at 3:01:04 PM PDT