www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31648622
31737882

48721 N Highway 550, Durango, CO 81301

SB
CO EI.000222861
SCB and Associates
Listed by SCB and Associates
$2,175,000
72 days on market
Updated 30 days ago

The Nugget Mountain Bar

Details
APN 5089-253-02-001
Property Type Hospitality, Mixed Use (+1)
Sub Type Commercial
Square Footage 1,901
Price per SqFt $1,468
Year Built 1969
Stories 1
Acreage 1.510
Zoning Commercial
Parking Spaces 20 spaces
Parking Per SqFt 10.52

Hospitality

Marketing description

"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.

Investment highlights

This commercial property is ideally located as it captures not only the winter visitor but also the balance of the seasons’ visitors. The property includes the Nugget Bar building and two one- of- a- kind designer cabins. This well-located property is just a 1/2 a mile from the entrance to Purgatory Ski Resort. The sale does not include the Nugget Bar LLC (business). The restaurant lease is a strong lease as the Nugget has an excellent stream of business year-round. 1.2 million vehicles per year pass this location. The two vacation rental cabins are attractive lodging alternatives for visitors in the North County. This is a great opportunity with these three income streams in place and the ability to add an additional cabin or two to the site. This property is generating a significant income. Financials will be shared once a NDA is signed by the broker and client. The Nugget is in a charming 951 sf rustic log cabin. The lawn area is enclosed by old railroad ties, complete with gas firepits, cornhole and giant Jenga. A large deck area blankets the front of the old D-Log cabin, perfect spot for an elevated view of the surrounding peaks and listening to live music. Windows capture views of the snowcapped San Juan Mountains, Twilight Peaks, Spud Mountain and Engineer Mountain. There are two modern cabins, one at 300 sf and the second at 550 sf that were built in 2019. The cabins maintain an 80% occupancy annually. The Kerouac Cabin is a Queen/Studio with 1 full bath and sleeps 3. The Hemingway’s Hideouts a one bed plus loft with 1 full bath and sleeps 4. Both have modern kitchens. Features include a hot tub, Cedar Sauna and decks for sun and THE best views in the Southwest! Perfect location to mountain bike, hike, or snowshoe right from your doorstep. Visit the Nugget's website for more details.

Listing Contacts

SB
CO EI.000222861
SCB and Associates
Listed by SCB and Associates

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591