245 Empire Street, Ignacio, CO 81137
La Plata County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1952
Living Area
1,071 sq ft
Lot Size
0.08 acres
MLS® Listing#
835873
Property Features
Heating
Flooring
Lot Features
Utilities
Sewer
Financial Details
Annual Taxes
$2,291
Tax year 2026
Parcel Number
595508312016
Directions
18 miles from Downtown Durango; Take highway 160 East to Elmores corner; turn right onto Highway 172 to Ignacio. Continue through Ignacio on Goddard Ave. Property is on the corner of Goddard and Empire.
Affordability Calculator
$38,500
Estimated monthly payment
$1,025/mo
Principal $154,000 · Est. interest $214,844 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ignacio, CO
- $570,000
- Median Listing Price
- 65
- Median Days on Market
- 1,792
- Median Sq Ft
- $297
- Median Price / Sq Ft
- 29
- Active Listings
- This home’s price is 66% below the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ignacio, CO.
Location
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Points of Interest in Ignacio, CO
Showing the Ignacio area map.
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2007 CR 318, Ignacio, CO | $135,000 | — | — | — |
| x Cox Circle, Ignacio, CO | $135,000 | — | — | — |
| TBDWP County Road 319, Ignacio, CO | $160,000 | — | — | — |
| 7371 County Road 310, Ignacio, CO | $229,000 | — | — | — |
| 250 Burns Avenue, Ignacio, CO | $250,000 | 2 | 1 | 1,044 |
Moving Cost Estimate
EXIT Agents in Ignacio
Listing Courtesy: Wells Group Real Estate
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Real Estate listings held by companies other than Wells Group Real Estate contain that company's name.
Fair Housing Disclaimer
Date Last Updated
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FAIR HOUSING DISCLAIMER
PUBLISHERS NOTICE: All information is deemed reliable but is not guaranteed and should be independently verified. All real estate advertised herein is subject to the US Federal Fair Housing Act of 1968 and the Colorado Fair Housing Act, which makes it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. Please check with your local government agency for more information.