191 E. Pagosa Street Pagosa Lakes Colorado, 81147 - SAN JUAN MOTEL

Published on: Tuesday, October 1, 2024

Updated on: Tuesday, October 1, 2024

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About the Lister

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

Madison Commercial
Listing ID: CL-Colorado-12242

Purchase Option

Asking Price: Price not Disclosed

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

Additional Links

Contacts

No Additional Contacts.

Listing Location

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