Active
468 Pagosa Street
Pagosa Springs CO, 81147
$2,200,000
$251.72 per sqft
Active
3 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
March 5, 2024
Updated
Map
468 Pagosa Street
Pagosa Springs CO, 81147
Interior Features
Total Stories
2
Total Bathrooms
3
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: 3/5/2024