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Listing Courtesy of: Josiah Goodson - Berkshire Hathaway HomeServices Colorado Properties

$2,200,000

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468 PAGOSA Street Pagosa Springs, CO 81147

Retail Residence

Beds

6 Baths

8,740 Sq. Ft.

0.23 Acre Lot

Property Activity

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Last updated on 9/22/2024 7:17 AM

Listing Details

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, youâ??ll find a total of 13 of...fices 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 youâ??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!! Continue reading

MLS#

810844

Property Type

Retail

Bathrooms

6 Half

Year Built

1905

Square Feet

8,740 sq. ft

Price per Sq. Ft.

$251.72