785 Shoshone Avenue, Ignacio, CO 81137
Aspaas 1st · La Plata County
Key Facts
Description
Value-Add Investment Opportunity in Ignacio, Colorado! This 86-unit self-storage facility with an attached self-service 2 bay car wash offers investors the chance to acquire an established mini-storage facility with significant upside potential. Currently operating below its full income-producing capacity, the property presents opportunities to increase revenue through facility updates, improved management practices, enhanced marketing efforts, and strategic rental rate adjustments. The combination of storage units and ancillary car wash income provides multiple revenue streams and diversification within a single investment. Conveniently located with excellent accessibility and visibility, this property is well-positioned to capitalize on continued demand for self-storage services in the Ignacio and greater La Plata County market. An ideal opportunity for investors seeking a value-add asset with the potential to increase occupancy, improve cash flow, and build long-term equity. Call today for more information.
Property Information
Property Type
Commercial Sale
Year Built
1984
Living Area
13,200 sq ft
Lot Size
0.79 acres
MLS® Listing#
836475
Property Features
Flooring
Basement
Lot Features
Roof
Utilities
Water Source
Financial Details
Annual Taxes
$7,625
Tax year 2025
Parcel Number
595508314013
Directions
HWY 172 to Ignacio. Left on Navajo Street. Property at the corner of Navajo Street and Shoshone Ave
Affordability Calculator
$130,000
Estimated monthly payment
$3,460/mo
Principal $520,000 · Est. interest $725,446 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 14% above the area median.
- Its price per sq ft is 83% 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 |
|---|---|---|---|---|
| 333 Cow Canyon Road, Ignacio, CO | $490,000 | 2 | 2 | 1,417 |
| 329 Payne Lane, Ignacio, CO | $495,000 | 2 | 3 | 2,096 |
| 2943 Highway 151, Ignacio, CO | $519,000 | 2 | 2 | 1,216 |
| 9060 County Road 310, Ignacio, CO | $595,000 | 6 | 4 | 4,608 |
| 1959 CR 316, Ignacio, CO | $599,000 | 4 | 2 | 2,170 |
| 121 Happy Valley Lane, Ignacio, CO | $650,000 | 2 | 3 | 2,100 |
Moving Cost Estimate
EXIT Agents in Ignacio
Listing Courtesy: Bayfield Realty - C: 970-759-9353
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Real Estate listings held by companies other than Bayfield Realty contain that company's name.
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Date Last Updated
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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.