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Home » Real Estate » CO » Pagosa Springs » 81147 » X Pagosa Street, Pagosa Springs, CO, 81147
$630,000

X Pagosa Street, Pagosa Springs, CO, 81147


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This is an excellent commercial site with tremendous upside potential. It is comprised of three contiguous lots ideally located for a variety of uses within the Mixed-Use Town Central Zone. Allowable uses include Retail, Professional, Restaurant, Lodging and more. Comprised of three contiguous Town Lots (Lot: 26-Parcel #569913401011, Lot 27-Parcel #569913401012 and Lot 28-Parcel #569913401013). Sellers’ plans for an Asian restaurant, small retail store and two residences have changed but this provides an exceptional opportunity for a New Owner to participate in the long-term improvements coming to the Pagosa Springs area. For those Investors, Developers and Builders that found themselves priced out of the future, your time is here. This site is right across the street from the San Juan River, the extended river walking trail, Kips Restaurant, Neon Mallard, Alley House Grill, Pagosa Baking Company and more. This is a high traffic count location with frontage on State Highway 160 (Pagosa Street), First Street and alley access across the rear. The site is level and has views from elevation to the river and the East Range Peaks. Another property east of this went under contract one week from the listing date earlier in October.
Offered By
ENGEL & VOLKERS Pagosa Springs

Property Details

Property Type Land
Status Sold
Property Sub Type Commercial
MLS # 808974

Market Trends

New Properties On Market
117
33% Increase In New Listings
Average Asking Price
$448,597
$53,208 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$222
$1 Decrease In List Price/Sq. Ft.
Data as of May 19, 2024. Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.

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The data relating to real estate for sale on this website 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 Galles Properties contain that company’s name. Fair Housing Disclaimer