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.
Active
Price cut: $10K (5/31)
$485,000
Lots 13-16 US Highway 50 Frontage Road, Gunnison, CO 81230
--beds
--baths
8,712Square Feet
Unimproved Land
Built in ----
8,712 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Excellent access
- 421 days |
- 26 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Robby Richardson C:719-980-1599,
Great Plains Land Company, LLC
Source: CREN,MLS#: 823804
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s)
- Frontage length: 75'-100' Frontage
Lot
- Size: 8,712 Square Feet
- Features: Cleared, Corner Lot
- Topography: Level
Details
- Parcel number: 378702123003
- Zoning description: Commercial
Utilities & green energy
- Sewer: Central, Sewer Tap Available
- Water: Public, Tap Installed
- Utilities for property: Electricity Available, Natural Gas Available, Phone - Cell Reception, Phone Available
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Gunnison
Financial & listing details
- Annual tax amount: $1,676
- Date on market: 5/7/2025
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2026 | Price change | $485,000-2% |
Source: | ||
| 11/28/2025 | Price change | $495,000-2% |
Source: | ||
| 5/15/2025 | Listed for sale | $505,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 81230
Nearby schools
GreatSchools rating
- 8/10Gunnison Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 6/10Gunnison Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Gunnison High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Gunnison 1-5
- Middle: Gunnison 6-8
- High: Gunnison 9-12
Source: CREN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Colorado
- Gunnison County
- Gunnison
- 81230
- Lots 13-16 US Highway 50 Frontage Road




