Published on: Tuesday, October 1, 2024
Updated on: Tuesday, October 1, 2024
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Name: Alex Kovacs
Company: Madison Commercial
Office Phone: 303-785-3803
Cell Phone: 303-514-7076
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  SAN JUAN MOTEL
191 E. Pagosa Street Pagosa Lakes Colorado , 81147
191 E. Pagosa Street Pagosa Lakes Colorado , 81147Madison Commercial
Listing ID: CL-Colorado-12242

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 0
Quick Glance
Listing ID: CL-Colorado-12242
Status: Price not Disclosed
Financing: Third Party Financing
Occupancy: N/A
Year Build: 1965
Building Size: 18,000.00 SqFt
Lot Size: N/A
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: Yes
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
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.
Complete Details
Year Build: 1965
Building Size: 18,000
No of Stories: N/A
Total Lot Area: N/A SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: Yes
Roofing: Not Specified
Occupancy: 0%
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.
Additional Properties
Property 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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