About This Home

This 0-bedroom, 1-bathroom commercial at 245 Empire Street in Ignacio, CO is listed for $192,500 ($180 per sqft). Built in 1952, the home offers 1,071 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1952
  • 0.08 acre lot

Property Details

1 half
1952
Listing Description

Leann Sanders, Wells Group Real Estate, C:,,: 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.

Monthly Cost Estimate

$1,030/mo

20% down · 6.5% · 30 years

Principal$139
Interest$834
Insurance$56

Estimates only. Actual payments may vary.

Location

245 Empire Street

Ignacio, CO 81137

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 245 Empire Street is listed at $192,500 ($180/sqft). The estimated monthly payment is $1,029 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.08 acre lot.

This property is listed by Leann Sanders and can be reached at 9896152725.

LS

Leann Sanders

Agent at The Wells Group of Durango, LLC

(989) 615-2725

Listed by The Wells Group of Durango, LLC · Broker phone: (970) 259-6680 · View on Broker Site

MLS# 835873· Source: Colorado Real Estate Network Inc.· 84 days on PropertySimple

Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

245 Empire Street, Ignacio, CO 81137

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