468 Pagosa Street , Pagosa Springs, CO 81147
Pagosa Springs, CO 81147
Description
Welcome to your own slice of history, a meticulously maintained property originally built in 1905 and nestled in the heart of Old Town Pagosa Springs. This iconic building offers a unique investment opportunity in one of Colorado's most charming destinations. Upstairs, you’ll find a total of 13 offices with a common conference room and kitchenette. Each office space provides a professional environment with ample natural light and historic charm. The ground floor is located directly on the main street and features 2 long-term leased retail shops with excellent storefront visibility and foot traffic. Behind the building you’ll find alley access to a private parking lot accommodating up to 9 parking spaces. The entire property has been condominiumized, allowing for flexible ownership and the potential for the sale of individual spaces. With a 100% occupancy rate, the property reflects its desirability and strong market demand, making it an ideal investment for those seeking income-producing real estate in a high-demand market. Conveniently located, the building overlooks the beautiful San Juan River and is just a short walk across the bridge from the famous Pagosa Hot Springs, adding to its allure and attracting visitors year-round. Don't miss out on this rare opportunity to own a piece of Old Town Pagosa Springs and a bit of history while enjoying strong rental income and long-term investment potential. OWNER FINANCING AVAILABLE FOR QUALIFIED BUYERS!!
Details
| MLS# | 810844 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1905 |
| Days On Site | 238 |
| Listing Provided By | Berkshire Hathaway HomeServices Colorado Properties | Josiah Goodson |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 8,740 |
| Story(s) | 2 |
| Units | 16 |
| Zoning | Commercial,Mixed Use |
| Acreage | 0.23 |
Market Activity 81147
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Learn More About This Property
| State | CO |
|---|---|
| County | Archuleta |
| City | Pagosa Springs |
| Zip Code | 81147 |
| Area | PS01 (Old Pagosa Springs) |
| Community Name | Z01 N/S 01 Old Pagosa Springs |
| Listing VS Median (in Z01 N/S 01 Old Pagosa Springs) | |
Price: $2,200,000 low | high Med: $1,950,000 SqFt: 8,740 low | high Med: 6,070 $ / SqFt: $252 low | high Med: $376 On Site: 238 low | high Med: 230.500000 | |