266 E Pagosa Street

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Listing courtesy of Jann C Pitcher Real Estate

Prime downtown development site is available for purchase. Zoned multi use, this large parcel could be developed as a hotel or a live/work mixed use commercial/residential development. Zoned for 8 residential dwellings. Property is the current home to the local music shop. Renter is on a month-to-month lease, and owner also leases parking (month-to month) to the dispensary to the east and the hotel to the west. Currently the town will permit one more dispensary in this area, but owner must do due diligence to make sure that the land meets all the requirements to qualify. Lot backs up to river walk and small reservoir. Gorgeous mountain and river valley views. Priced competitively with infinite opportunities for a developer.

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Price: $399,000
Address:266 E Pagosa Street
City:Pagosa Springs
County:Archuleta
State:Colorado
Zip Code:81147
MLS:745406
Year Built:2000
Lot Square Feet:0.530 acres
Bathrooms:1
Half Bathrooms:1
Property Type:Commercial Income
Parking:Off Street, Partially Paved

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