$1,950,000
( $280.01Per Sq Foot )
 $10,468 forsale estimated payment Sourced by Back At You

651 & X W Us Hwy 160 , Pagosa Springs, CO 81147

Pagosa Springs, CO 81147

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Description

Discover Motel SOCO, an all-in-one boutique motel, restaurant + lounge, and vibrant music + event venue located just 2 minutes from downtown Pagosa Springs. This completely upgraded 1940's roadside motel sits on a unique 3.5-acre property and is home to Pagosa Springs' largest music venue, making it a prime destination for private events, receptions, concerts, and charity events. The property includes a fully furnished and upgraded 14-room/baths motel, restaurant and cocktail lounge, front office, and a versatile Quonset building. Also included are 3 RV parking spots with 30/50amp hookups plus H2O & SEWER. The property boasts a variety of outdoor features including picnic tables, volleyball net, corn hole, seating areas, and stunning mountain views. Motel SOCO presents a great business and investment opportunity, standing as a popular local icon in the heart of Pagosa Springs. Known for its "good vibes only," this property serves as the perfect home base for motel guests eager to explore the area's outdoor adventures, boutique shopping, dining, and local microbrewery. Its established reputation and prime location ensure a steady stream of visitors, making it an attractive venture for those looking to invest in a thriving hospitality and event venue. With an additional lot dedicated to venue parking, Motel SOCO is perfectly positioned near the world-renowned hot springs and Wolf Creek Ski Area, offering endless opportunities for both relaxation and adventure.

Details

Mls819626
Listing TypeFor Sale
StyleHospitality
SubtypeResale
StatusActive
Year1961
Days On Site14
Listing Provided ByJann C Pitcher Real Estate | Kalei Pitcher

Features

Baths 9 Total
Sq Feet6,964
Storys1
Units1
ZoningMixed Use
Acreage6.83

Market Activity 81147

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Listings Checked: 2 minutes ago
StateCO
CountyArchuleta
CityPagosa Springs
Zip Code81147
AreaPS02 (Central Township 5699)
Community NamePS Western Addition 01 Cnty Code 00772
Listing VS Median (in PS Western Addition 01 Cnty Code 00772)
Price:
$1,950,000
low | high
Med:
$1,875,000
53.846153846154% of Average
SqFt:
6,964
low | high
Med:
6,964
50% of Average
$ / SqFt:
$280
low | high
Med:
$269
53.846153846154% of Average
On Site:
14
low | high
Med:
63.000000
22.222222222222% of Average
Sourced by Back At You
Listing Updated: November 29, 2024 at 12:43:00 AM PST