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Property Detail

191 E Pagosa St, Pagosa Springs, CO 81147, USA
Walking distance to nearby brewery, restaurant and retail sales

$Unpriced

Description

INVESTMENT HIGHLIGHTS

  • Rare large acreage parcle with excellent Highway 160 frontage
  •  
  • First in town lodging when approaching from Wolf Creek ski area
  •  
  • Potential to purchase 2.25 acres of land that will provide direct access to the San Juan river
  • Close proximity to world famous Pagosa Hot Springs, currently undergoing a major expansion
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  • Good interim income while obtaining entitlements for future redevelopment
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  • Walking distance to nearby brewery, restaurant and retail sales

EXECUTIVE SUMMARY

This is a mix of rustic cabins and motel building that is prime for redevelopment potential. There is good interim income available while pursuing entitlements for redevelopment of this unique, rare, 5.21 acre parcel for new lodging, townhomes, or commercial development. There are adjacent parcels that could be assembled to make an even larger development project.
***Contact Broker for Pricing***
 

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free
  • Hot Tub
  • Fully-Equipped Kitchen

ROOM MIX INFORMATION

DESCRIPTIONNO. ROOMSDAILY RATESF
Suite12$125.00-
Guest Room34$104.00

 

PROPERTY TAXES

 

 

Alex Kovacs

+1 303-514-7076 

Specification

General

  • 23706
  • 5.2100
  • Investment
  • Mixed-Use Corridor (Zoning allows a variety of commercial and residential development up to 16 units per acre plus 50% bonus for affordable housing. Three story allowed.)
  • 1965
  • 46

Hospitality

San Juan Motel

# 505

SKU: 505

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