Durango North Star
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$2,175,000
72 Days On Site

48721 N Highway 550
Durango, CO 81301

For Sale|Commercial Sale|Active
0
Beds
3
Total Baths
3
Full Baths
1,901
SqFt
$1,144
/SqFt
1969
Built
Subdivision:
Lake Purg2
County:
La Plata
Listing courtesy of Stephen Brinley of SCB and Associates

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970-382-3023
48721 N Highway 55048721 N Highway 55048721 N Highway 55048721 N Highway 550
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Monthly Payment (Est.)

$9,923
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

"High Income Producer with Strong Cash Flow and a Great Tenant" Tenant purchased and owns the Nugget Mountain Bar LLC and pays a monthly lease to the Owner/Landlord. Tenant will stay on for the remainder of the 7 year lease or sell the LLC and vacate the premises to allow the new owner to operate the facility. Perfect for an Investor or a Mom and Pop Operator. Seller will Owner Finance the sale of the subject property to a qualified buyer. Contact agent for more information. This property is located at the base of the "New Colorado Couloir Ski Run" and the "New Gelande Lift", set to be installed this coming summer, making this property a true ski in ski out location. The Nugget is the most popular bar and restaurant in the north county ski area. The property the Nugget sits on is zoned commercial/residential and has the ability to be further developed with more nightly rentals and additional parking. The adjacent lands to the west and south are currently going through the planning and zoning process for a single family, multifamily and condominium development, creating an adjacent neighborhood of approximately 200 plus new units.

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Listing Snapshot
Price 
$2,175,000
Days On Site 
72 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,901 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
1.51 Acres
Year Built 
1969
MLS® Number 
832610
Status 
Active
Property Tax 
$4,163.04
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a week agoPrice changed to $2,175,000
2 months agoListing first seen on site
General Features
Acres 
1.51
SqFt Total 
1901
Utilities 
Propane
Zoning 
Commercial
Interior Features
Flooring 
Wood
Heating 
BaseboardElectricForced AirPropaneWood Stove
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Exterior Features
Roof 
Metal
Community Features
MLS Area 
Durango Mountain Area
Listing courtesy of Stephen Brinley of SCB and Associates



The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
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Real Estate listings held by companies other than CREN contain that company’s name.
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Last checked: 2026-05-27 06:16 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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