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118 N Pagosa Boulevard

Pagosa Springs, CO 81147
  • $1,300,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 835840
UPDATED: 188 min ago
$1,300,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 4
    1/2 BATHS
  • 7,124
    SQFT
  • $182
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing courtesy of Wells Group Real Estate: 970-259-6680.


Description

Turn-Key Restaurant Opportunity with Exceptional Indoor-Outdoor Hospitality Space Rare opportunity to acquire a fully equipped restaurant property situated on approximately 0.81 acres in the heart of Pagosa Springs' core commercial district. With abundant paved parking and excellent visibility directly across from a busy shopping center, this turn-key hospitality property is ideally positioned to serve both local residents and the area's strong year-round tourism base. Spanning an impressive 7,124 square feet, the building was designed with efficiency and versatility in mind and features a fully equipped "Chef's Dream" kitchen with multiple stations capable of supporting virtually any cuisine. The oversized commercial kitchen and generous floor plan create the unique opportunity to operate two distinct restaurant concepts under one roof, allowing an owner to diversify offerings and maximize revenue potential. Additional improvements include a bar and pub area, spacious dining room, private VIP dining space, retail area ideal for merchandise or specialty products, and multiple restrooms to accommodate large volumes of guests. The property truly shines with its indoor-outdoor atmosphere. Guests can enjoy a heated pergola, expansive outdoor gathering areas, and a large beer garden setting that lends itself perfectly to live music, private events, and seasonal dining experiences. Ample parking and the flexible layout provide the foundation for a wide variety of restaurant, entertainment, and hospitality concepts. Offered at less than $200 per square foot, this property represents an exceptional value and a rare opportunity to acquire a large, well-equipped commercial asset in one of Southwest Colorado's most sought-after mountain communities. Whether continuing as a restaurant, creating multiple culinary concepts, or repositioning the property for another hospitality use, the combination of scale, infrastructure, location, and price make this a truly compelling opportunity for an owner-operator or investor

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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: 2026-07-19T23:56:25.713.
www.destinationdro.com/homes/177600305
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118 N Pagosa Boulevard Pagosa Springs, CO 81147

  • Price: $1,300,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 188 min ago
  • MLS #: 835840
0
Beds
0
Baths
4
½ Baths
0.81
Acres
7,124
SQFT
$182
$/SQFT
Neighborhood:
Ps05 (Pagosa West)
County:
Archuleta
Area:
Ps05 (Pagosa West)
Property Description
Turn-Key Restaurant Opportunity with Exceptional Indoor-Outdoor Hospitality Space Rare opportunity to acquire a fully equipped restaurant property situated on approximately 0.81 acres in the heart of Pagosa Springs' core commercial district. With abundant paved parking and excellent visibility directly across from a busy shopping center, this turn-key hospitality property is ideally positioned to serve both local residents and the area's strong year-round tourism base. Spanning an impressive 7,124 square feet, the building was designed with efficiency and versatility in mind and features a fully equipped "Chef's Dream" kitchen with multiple stations capable of supporting virtually any cuisine. The oversized commercial kitchen and generous floor plan create the unique opportunity to operate two distinct restaurant concepts under one roof, allowing an owner to diversify offerings and maximize revenue potential. Additional improvements include a bar and pub area, spacious dining room, private VIP dining space, retail area ideal for merchandise or specialty products, and multiple restrooms to accommodate large volumes of guests. The property truly shines with its indoor-outdoor atmosphere. Guests can enjoy a heated pergola, expansive outdoor gathering areas, and a large beer garden setting that lends itself perfectly to live music, private events, and seasonal dining experiences. Ample parking and the flexible layout provide the foundation for a wide variety of restaurant, entertainment, and hospitality concepts. Offered at less than $200 per square foot, this property represents an exceptional value and a rare opportunity to acquire a large, well-equipped commercial asset in one of Southwest Colorado's most sought-after mountain communities. Whether continuing as a restaurant, creating multiple culinary concepts, or repositioning the property for another hospitality use, the combination of scale, infrastructure, location, and price make this a truly compelling opportunity for an owner-operator or investor
Exterior Features

Acreage Range .5-.99 Carport No Lot Dimension 0.81 Acres Parking PavedOff Street20 + Total Spaces 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 7124 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 TBD 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: 2026-07-19T23:56:25.713.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Wells Group Real Estate: 970-259-6680.