Commercial For sale Lodging and Hospitality Motel

Motel for Sale in Pagosa Lakes Colorado 81147

191 E. Pagosa Street, Pagosa Lakes, Colorado 81147

Price not disclosed

Listed Oct 1, 2024

18,000 sqft

Building

1965

Built

About this property

Motel for Sale in Pagosa Lakes Colorado 81147 is a lodging and hospitality for sale in Pagosa Lakes, Colorado. Key details: year built 1965, building size 18,000 sqft, property status Normal Sale, building status Existing. Listed by Alex Kovacs of Madison Commercial on LoopingCloud and last updated October 1, 2024.

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.

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

Company	Lender type	Contact	Phone
TheLoanProsTeam	Mortgage Broker	Roxanne Chung	(754) 707-5877
Money Solutions, LLC	Mortgage Broker	Jennifer A. Judice	(813) 431-5000

Property details

Key facts

Year Built: 1965
Building Size: 18,000 sqft
Property Status: Normal Sale
Building Status: Existing

Pricing details

Financing: Third Party Financing
Investment Property: Active investment property
Business Available for Sale: Yes
Business Price Included: Yes

Investment snapshot

Acquisition options

Option	Asking price	Cap rate	Commission	Monthly income	Ownership
Purchase Only	-	-	-	-	-

Features and amenities

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

Location

Address as shown by the lister.

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About this area - Pagosa Springs

Population: 9,412
Housing units: 5,874
Land area: 1,138.9 sq mi
County: Archuleta

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Links

3 links

Frequently asked questions

Where is Motel for Sale in Pagosa Lakes Colorado 81147 located?

The property is in 191 E. Pagosa Street, Pagosa Lakes, Colorado 81147, Archuleta County.

What type of property is this?

This is a lodging and hospitality for sale in the commercial category.

How big is the property?

The building is 18,000 sqft.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Alex Kovacs of Madison Commercial listed this property. Use the Request Info button to send a message or call (303) 785-3803.

When was this listing published?

It was published on October 1, 2024 and last updated on October 1, 2024.

Listing information

Listing ID: CL-Colorado-12242
Published: Oct 1, 2024
Last updated: Oct 1, 2024
Views: 452

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