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468 Pagosa Street

Pagosa Springs, CO 81147
  • $2,200,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 810844
$2,200,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 6
    1/2 BATHS
  • 8,740
    SQFT
  • $252
    $/SQFT
Type:
Commercial
Built:
1905
County:

School Ratings & Info

Listing courtesy of Berkshire Hathaway HomeServices Colorado Properties: 970-403-3289.


Description

Welcome to The Heritage Building, 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, youll 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 youll 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.

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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 2024. 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: 2024-05-20T23:56:40.407.
www.destinationdro.com/homes/147621322
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468 Pagosa Street Pagosa Springs, CO 81147

  • Price: $2,200,000
  • Status: Active
  • On Site: 96 Days
  • MLS #: 810844
0
Beds
0
Baths
6
½ Baths
0.23
Acres
8,740
SQFT
$252
$/SQFT
1905
Built
Neighborhood:
Z01-N/S-01 Old Pagosa Springs
County:
Archuleta
Area:
Ps01 (Old Pagosa Springs)
Property Description
Welcome to The Heritage Building, 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, youll 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 youll 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.
Exterior Features

Acreage Range Less than 1/2 Carport No Lot Dimension 200x50 Parking 2-10 Total Spaces Parking Spaces 9 Property Attached Yes Roof Membrane Stories 2 Water Well No Waterfront YN No

Interior Features

Finished Sq Ft 8740 Heating Fuel Source Geo ThermalNatural Gas Heating System Forced AirOther Heating System1 Forced Air Main Sq Ft 4361 One Quarter Baths 0 Total Offices 12+

Property Features

Books Available No Cam No Covenants NO Current Use General OfficeRetail Storefront Documents On File Legal DescriptionPlot Plan/Plat/SurveySite Plan/ILC Exchange Trade No Fixtures Included No Inventory Included No Lease Included Yes New Construction YN No Owners Association No Possible Property Use General OfficeLodgingMixed-UseRestaurantRetail StorefrontShowroom Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2023 Total Taxes 2247.96 Type Retail Variable Rate No Water Rights No Zoning Type CommercialMixed Use

[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 2024. 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: 2024-05-20T23:56:40.407.
 
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Destination DRO Real Estate Group
1163 E 2nd Ave
Durango CO, 81301-5155
Listing courtesy of Berkshire Hathaway HomeServices Colorado Properties: 970-403-3289.