$192,500

245 Empire Street, Ignacio CO, 81137

Price per sqft$179.74

Built in1952

Property size1,071 sqft

Property typeCommercial

Listed by Leann Sanders with Wells Group Real Estate 989-615-2725

Overview

Active

Listed Jun 12, 2026

Updated Aug 6

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.

Additional information

MLS^® ID: 835873

Interior Features

Bathrooms: 1
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.08 Acres

Other Property Details

Taxes: $2,291
Tax Frequency: Annually

Listed by Leann Sanders with Wells Group Real Estate 989-615-2725

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Data last updated on: 8/6/2026