Turn-Key Restaurant with Heated
For Sale
$1,300,000
118 N Pagosa Boulevard, Pagosa Springs, CO 81147
COMMERCIAL, Pagosa Springs, CO
Property Size7,124 SF
Lot Size0.81 Acres
Price / SF$182.48
Days on Market72
Property Features for 118 N Pagosa Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
4
Half bathrooms
4
Rooms
Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2
Directions
Heading east on US-160 toward Pagosa Springs, turn left onto N Pagosa Blvd and the property at 118 N Pagosa Blvd will be a short distance ahead on the left.
Standard status
Active
Size
7,124 SF
Lot size
0.81 Acres
Listing Agency:
Wells Group Real Estate
(970) 259-6680
Listed By:
Zane Wells
(970) 317-1095
Added: Jun 14
Changed: Aug 19
Last Checked: Aug 24 at 1:06AM
MLS# 835840
Copyright © 2026 Colorado Real Estate Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Turn-key restaurant property on 0.81 acres with a 7,124-square-foot building at 118 N Pagosa Boulevard in Pagosa Springs, CO. The space is designed for hospitality with an indoor-outdoor flow and includes a fully equipped commercial kitchen described as a “Chef’s Dream” with multiple stations, along with an oversized kitchen and generous floor plan. The layout supports the option to operate two distinct restaurant concepts under one roof, plus a bar and pub area, spacious dining room, private VIP dining space, and a retail area for merchandise or specialty products. Multiple restrooms are included to accommodate larger volumes of guests.
The property offers abundant paved parking and visibility directly across from a busy shopping center, placing it in the heart of Pagosa Springs’ core commercial district. The outdoor experience features a heated pergola, expansive outdoor gathering areas, and a large beer garden setting suited for live music, private events, and seasonal dining.
With a flexible floor plan, established restaurant infrastructure, and indoor-outdoor atmosphere, the property can be continued as a restaurant, used to create multiple culinary concepts, or repositioned for other hospitality uses.
The property offers abundant paved parking and visibility directly across from a busy shopping center, placing it in the heart of Pagosa Springs’ core commercial district. The outdoor experience features a heated pergola, expansive outdoor gathering areas, and a large beer garden setting suited for live music, private events, and seasonal dining.
With a flexible floor plan, established restaurant infrastructure, and indoor-outdoor atmosphere, the property can be continued as a restaurant, used to create multiple culinary concepts, or repositioned for other hospitality uses.
Key Highlights
- 0.81‑acre restaurant property with a 7,124‑square‑foot building
- Fully equipped “Chef’s Dream” commercial kitchen with multiple stations
- Heated pergola plus expansive outdoor gathering areas and a large beer garden
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
638
Businesses Nearby
85k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 35%
Dining 30%
Shops & Services 24%
Home Improvements & Furnishings 9%
City Market
Groceries
29,419 visits/mo
0.3 miles
McDonald's
Dining
19,174 visits/mo
0.4 miles
Speedway
Shops & Services
11,726 visits/mo
0.2 miles
Terry's Ace Hardware
Home Improvements & Furnishings
8,003 visits/mo
0.4 miles
Dollar General
Shops & Services
5,548 visits/mo
0.4 miles
Demographics for 81147, CO
12,615
Population
9,258
Households
1.4
Avg Household Size
51
Median Age
42%
College-Educated
96%
High-School Grad
1,355.5 sq mi
ZIP Area
9
Density / Sq Mi
$78,949
Median Household Income
$38,663
Median Earnings
$1,428
Median Rent
$458,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turn-key restaurant with a heated pergola and beer garden designed for live music, events, and seasonal dining.
Where is this conventional restaurant located?
The property is located at 118 N Pagosa Boulevard Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 0.81‑acre restaurant property with a 7,124‑square‑foot building; Fully equipped “Chef’s Dream” commercial kitchen with multiple stations; Heated pergola plus expansive outdoor gathering areas and a large beer garden
