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3 Baths
1,901 sqft

$2,175,000

48721 N Highway 550, Durango CO, 81301

Price per sqft$1,144.13
Built in1969
Property size1,901 sqft
Property typeCommercial
Listed by Stephen Brinley with SCB and Associates 970-759-8000

Overview

Active

Listed Mar 18, 2026

Updated Aug 13

"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.

Additional information

MLS® ID
832610

Interior Features

Bathrooms
3
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.51 Acres

Other Property Details

Taxes
$4,163
Tax Frequency
Annually

Listed by Stephen Brinley with SCB and Associates 970-759-8000


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Data last updated on: 8/13/2026

 

 

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