Description
This is an excellent commercial site on Main St Pagosa Spring (Pagosa St / Hwy 160 / the main drag through town); unlimited potential with big mountain views. Comprised of 3 contiguous lots ideally located for a variety of commercial uses. Situated east of Pagosa Baking Company between the Baking Company and the Alley House; 2 of the busiest food establishments in Pagosa Springs. This Upper Historic Downtown Pagosa location is home to the newer trendy businesses like Pagosa Mountain Sports, Vroomi and many other high traffic established upper end businesses like Handcrafted Interiors. This level site has great visibility, a back-alley access perfect for delivery or parking. These parcels are prime downtown real estate for commercial, upscale condo complex or a combination of commercial below, condo above space. With elevated condos above commercial, owners would have spectacular views of the east range of the San Juan Mountains. Condos would be perfect for Wolf Creek skiers, vacationers and those looking for the ideal downtown place to walk to all town activities and amenities. Ideal for a new restaurant, coffee space or great potential for the exploding industry of co-work space. Contact the listing broker to discuss options and potential financing.
Details
| MLS# | 731482 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 655 |
Features
| Acreage | 0.43 |
|---|---|
| Property View | Yes |
Market Activity 81147
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Jul 2018 | Sales: 1 | Avg $ Per SqFt: $193.18 | Min Sale Price: $136,000 | Max Sale Price: $136,000 | Med Sale Price: $136,000 |
| Date: May 2018 | Sales: 2 | Avg $ Per SqFt: $148.96 | Min Sale Price: $175,000 | Max Sale Price: $265,000 | Med Sale Price: $220,000 |
| Jul 2018 | |
|---|---|
| Sales: | 1 |
| Avg $ Per SqFt: | $193.18 |
| Min Sale Price: | $136,000 |
| Max Sale Price: | $136,000 |
| Med Sale Price: | $136,000 |
| May 2018 | |
| Sales: | 2 |
| Avg $ Per SqFt: | $148.96 |
| Min Sale Price: | $175,000 |
| Max Sale Price: | $265,000 |
| Med Sale Price: | $220,000 |
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Area Information | |
|---|---|
| State | CO |
| County | Archuleta |
| City | Pagosa Springs |
| Zip Code | 81147 |
| Area | PS01 (Old Pagosa Springs) |
| Listing VS Median (in 81147) | |
Price: $600,000 low | high Med: $139,000 100% of Average On Site: 655 low | high Med: 569 100% of Average | |
MLS Number: 731482Listing Provided By:
Mike Heraty of The Source For Pagosa Real Estate
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