Motel for Sale in Pagosa Lakes Colorado 81147

191 E. Pagosa Street, Pagosa Lakes Colorado, 81147

Listing ID: CL-Colorado-12242 Commercial Motel Lodging and Hospitality
Published on: Tuesday, October 1, 2024 | Updated on: Tuesday, October 1, 2024

Listing Summary

This is a mix of cabins and motel building that is highly desirable for redevelopment. It is a 5.21 acre parcel with excellent frontage and visibility from HIghway 160 within the town limits of Pagosa Springs.

Full Description

Property Description: This is a mix of cabins and motel building that is prime for redevelopment. It is a 5.21 acre parcel with excellent frontage and visibility from HIghway 160 within the town limits of Pagosa Springs, a southern Colorado tourist town with winter and summer appeal. Excellent potential for new hotel/retail/ multi family residemtial development. Excellent interim income from the existing motel while obtaining entilements. Location Description: The San Juan Motel is located at the eastern town limits of Pagosa Springs. It is the first lodging facility when entering the Town whens traveling west from Wolf Creek Pass. The property is located in close proximity to the San Juan River. Nearby properties include the River Center shopping center, a brewery, and numerous restaurants and commercial uses.

Quick Glance

  • Listing ID: CL-Colorado-12242
  • Status: Active
  • Year Build: 1965
  • Building Size: 18,000 SqFt
  • Lot Size: N/A

Property Documents

No documents available.

Complete Details

  • Year Build: 1965
  • Building Size: 18,000 SqFt
  • Heating and Cooling: Not Specified

Pricing Details

Additional Features

Highlights
  • Rare large acreage parcel with excellent Highway 160 frontage within the Town of Pagosa Springs
  • Close proximity to world famous Pagosa Hot Springs
  • First in town lodging opportunity when approaching from Wolf Creek Ski area
  • Walking distance to nearby brewery, restaurant and retail sales.
  • Flexible zoning which allows multiple use
  • Potential opportunity to purchase 2.25 acres of adjacent flood plain land that could provide San Juan river access

Listing Location

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