Active

468 Pagosa Street

Pagosa Springs CO, 81147

$2,200,000


$251.72 per sqft

Active

6 Baths

8,740 sqft

Commercial

Built in 1905

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, you'll 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 you'll 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.

810844

MLS ID

February 14, 2024

Listed

May 9, 2024

Updated

Map

468 Pagosa Street
Pagosa Springs CO, 81147

Interior Features

Total Stories

2


Total Bathrooms

6


Half Bathrooms

6


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air, Geothermal, Natural Gas, Other

Exterior/Building Features

Lot Size

0.23 Acres


Roof

Membrane

Other Property Details

Area Name

PS01 (Old Pagosa Springs)


Taxes

$2,248


Tax Frequency

Annually


Days on Market

5


Garage

No


Parking

Parking Space(s)


Parking Total

9


View

No


County

Archuleta


Pool

No

Courtesy of Berkshire Hathaway HomeServices Colorado Properties with
Listing Contact: 970-749-8598 


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Data last updated on: 5/9/2024

 

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