118 N Pagosa Boulevard, Pagosa Springs, CO 81147

This commercial property in Pagosa Springs, Colorado, presents a turn-key restaurant and brewery/distillery opportunity. Situated on 2.4 acres, the property includes two buildings with multiple large private parking lots, offering accessibility and visibility across from a shopping center. The configuration allows flexibility for various ownership strategies, including operating both buildings as a destination food and beverage campus, leasing them individually, or pursuing a hybrid owner-user model. The restaurant building features a fully equipped kitchen with multiple stations, a bar/pub area with restrooms, a spacious dining room with additional restrooms, a private VIP space, and a retail area. Outdoor hospitality is enhanced by a heated pergola, beer garden, and gathering areas suitable for events, live music, and seasonal dining. The adjacent brewery/distillery building includes a brewing operation with distillery potential. Improvements include the original brewery and taproom installation in 2006, an indoor lounge addition in 2008, expanded gravel parking in 2009, relocation of restaurant operations in 2016, a taproom and lounge remodel in 2020, and new epoxy flooring in the brewery production area in 2023. Included equipment features a 6-barrel direct-fire brewing system with a 2-vessel brewhouse, two double fermenters, four single fermenters, ten serving tanks, three distillate wash tanks, three walk-in coolers, keg cooperage, and a 15-tap system with full bar setup. The property is located in the heart of Pagosa Springs' core commercial district and offers potential for an owner-operator, investor, or hybrid buyer to acquire a hospitality and craft beverage property. The property size is 9,848 square feet.