$485,000

Prime Highway 50 Commercial Lot – Opportunity Zone – Income Producing Opportunities like this are rare in Gunnison. This high-visibility commercial parcel with Highway 50 frontage consists of three city lots forming a double corner property with excellent access and strong development potential. Located just a few blocks from the Gunnison–Crested Butte Regional Airport, this property benefits from steady traffic flow and outstanding exposure along one of Gunnison’s primary travel corridors. With paved street access on three sides, the lot provides convenient entry for customers, deliveries, or future development. The property is commercially zoned, allowing for a wide range of potential uses including retail businesses, office space, lodging or hotel accommodations, and other commercial opportunities. The parcel also qualifies as a potential marijuana establishment location, which may provide additional value for certain investors or business owners. Mixed-use development is also possible. The city encourages second-story residential units to help address local housing needs, making this parcel ideal for a commercial building with apartments or workforce housing above. Utilities are accessible with electric already installed on the property, while water and sewer are available nearby, making development easier and more cost-effective. Opportunity Zone Investment This parcel lies within the Gunnison Opportunity Zone, which may offer investors substantial tax advantages including capital gains tax deferral and potential elimination of future gains when improved according to Opportunity Zone guidelines and held for the required period. Immediate Cash Flow The property is currently generating income from three tenants using the lot for vehicle storage, providing immediate revenue if the new owner chooses to maintain the existing agreements. Property Highlights • 3 Gunnison city lots (double corner parcel) • Prime Highway 50 frontage and visibility • Paved access on three sides • Electric installed on the lot • Water and sewer nearby • Flexible commercial zoning • Potential marijuana establishment parcel • Mixed-use potential with residential second story units • Located near Gunnison–Crested Butte Airport • Opportunity Zone tax advantages • Existing tenants provide cash flow Very few vacant Highway 50 commercial parcels remain in Gunnison and they rarely come to market. Don’t miss the chance to secure a high-visibility investment property with income, development flexibility, and significant tax advantages. Contact me today for more information or to schedule a showing. **AI generated photos used for visualization.