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118 N Pagosa Boulevard

Pagosa Springs, CO 81147
  • $1,900,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 832300
UPDATED: 39 min ago
$1,900,000
  • 0
    BEDS
  • 2.41
    ACRES
  • 0
    BATHS
  • 6
    1/2 BATHS
  • 9,848
    SQFT
  • $193
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.


Description

Turn-Key Restaurant + Brewery / Distillery Opportunity – Prime Pagosa Springs Commercial Property. Rare opportunity to acquire a fully equipped restaurant, brewery, and distillery-capable property in the heart of Pagosa Springs’ core commercial district. Situated on 2.4 acres with two buildings and multiple large private parking lots, the property offers extensive paved parking for customers and staff, excellent accessibility, and strong visibility directly across the street from a busy shopping center. The two-building configuration provides exceptional flexibility for a variety of ownership strategies, allowing a buyer to operate both buildings as a destination food and beverage campus, lease them individually to create a fully stabilized investment property, or pursue a hybrid owner-user model with rental income. The restaurant building is a true turnkey hospitality space featuring a fully equipped “Chef’s Dream” kitchen with multiple stations capable of supporting virtually any cuisine, along with a bar/pub area with restrooms, spacious dining room with additional restrooms, private VIP space, and retail area ideal for merchandise or specialty products. The property also offers strong indoor–outdoor hospitality appeal with a heated pergola, extensive outdoor beer garden, and large gathering areas suitable for events, live music, and seasonal dining. The adjacent brewery/distillery building provides a turnkey brewing operation with distillery potential and has seen numerous improvements including the original brewery and taproom installation in 2006, indoor lounge addition in 2008, expanded gravel parking in 2009, relocation of restaurant operations to the neighboring building in 2016, taproom and lounge remodel in 2020, and new epoxy flooring in the brewery production area in 2023. Included equipment features a 6-barrel direct-fire brewing system with a 2-vessel brewhouse, two double fermenters, four single fermenters, ten serving tanks, three distillate wash tanks, three walk-in coolers, keg cooperage, and a 15-tap system with full bar setup, making it ready for immediate production and service. With extensive improvements, strong infrastructure, and flexible use potential, this property presents a rare opportunity for an owner-operator, investor, or hybrid buyer to acquire a large, established hospitality and craft beverage property in one of Southwest Colorado’s most desirable mountain communities.

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[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-04-11T10:56:23.937.
www.destinationdro.com/homes/173864687
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118 N Pagosa Boulevard Pagosa Springs, CO 81147

  • Price: $1,900,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 39 min ago
  • MLS #: 832300
0
Beds
0
Baths
6
½ Baths
2.41
Acres
9,848
SQFT
$193
$/SQFT
Neighborhood:
Ps05 (Pagosa West)
County:
Archuleta
Area:
Ps05 (Pagosa West)
Property Description
Turn-Key Restaurant + Brewery / Distillery Opportunity – Prime Pagosa Springs Commercial Property. Rare opportunity to acquire a fully equipped restaurant, brewery, and distillery-capable property in the heart of Pagosa Springs’ core commercial district. Situated on 2.4 acres with two buildings and multiple large private parking lots, the property offers extensive paved parking for customers and staff, excellent accessibility, and strong visibility directly across the street from a busy shopping center. The two-building configuration provides exceptional flexibility for a variety of ownership strategies, allowing a buyer to operate both buildings as a destination food and beverage campus, lease them individually to create a fully stabilized investment property, or pursue a hybrid owner-user model with rental income. The restaurant building is a true turnkey hospitality space featuring a fully equipped “Chef’s Dream” kitchen with multiple stations capable of supporting virtually any cuisine, along with a bar/pub area with restrooms, spacious dining room with additional restrooms, private VIP space, and retail area ideal for merchandise or specialty products. The property also offers strong indoor–outdoor hospitality appeal with a heated pergola, extensive outdoor beer garden, and large gathering areas suitable for events, live music, and seasonal dining. The adjacent brewery/distillery building provides a turnkey brewing operation with distillery potential and has seen numerous improvements including the original brewery and taproom installation in 2006, indoor lounge addition in 2008, expanded gravel parking in 2009, relocation of restaurant operations to the neighboring building in 2016, taproom and lounge remodel in 2020, and new epoxy flooring in the brewery production area in 2023. Included equipment features a 6-barrel direct-fire brewing system with a 2-vessel brewhouse, two double fermenters, four single fermenters, ten serving tanks, three distillate wash tanks, three walk-in coolers, keg cooperage, and a 15-tap system with full bar setup, making it ready for immediate production and service. With extensive improvements, strong infrastructure, and flexible use potential, this property presents a rare opportunity for an owner-operator, investor, or hybrid buyer to acquire a large, established hospitality and craft beverage property in one of Southwest Colorado’s most desirable mountain communities.
Exterior Features

Acreage Range 2-4.99 Carport No Lot Dimension 2.41 Acres Parking 20 + Total SpacesOff StreetPaved Property Attached Yes Sewer Public Sewer Installed Stories 1 Street Description City/Town Water Public Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 9848 One Quarter Baths 0 Total Offices 0

Property Features

Books Available No Cam No Covenants NO Current Use Restaurant Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneWater Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use Bar/LoungeMixed-UseRestaurantRetail Storefront Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2025 Total Taxes 15381.12 Type Restaurant Water Rights No Zoning Type Commercial

[Colorado Real Estate Network] logo The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2026. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer

Real Estate listings held by companies other than Destination DRO Real Estate Group contain that company’s name.
Fair Housing Disclaimer

This data was last updated: 2026-04-11T10:56:23.937.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of The Wells Group of Durango, LLC: 970-259-6680.