This unique property provides the potential for development of duplexes, multifamily dwellings and single family homes, and is alternatively offered for sale as the north half only for $325,000 pending City approval. It is located in the city of Durango, only a few blocks from hiking trails, a grocery store, trolley stops, the Durango Rec Center, the river trail and the Animas River, popular for rafting, kayaking, tubing, surfing, paddle boarding and fishing. Only minutes away from Durango's bustling downtown and set along the North Main corridor with a growing number of restaurants and shops, this location offers convenient access to all you may need to live the desirable in-town Durango life. Whether you want to ski or hike in the area's majestic mountains, trails are abundant and the drive is reasonable, with Purgatory Ski Resort located a mere 30 minutes away, and Wolf Creek 1 hour and 40 minutes. There is a 336 sqft cabin on the property, currently not in use and in need of a loving hand. Buyers are advised to contact the city planning department regarding development.