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12-Unit Riverfront Mixed-Use Property

136 & 124 E Pagosa Street, Pagosa Springs, CO 81147

For Sale
$4,500,000

Downtown commercial property offers multi-use zoning and a riverfront setting.

Property Size19,165 SF
Price / SF$234.80
Days on Market645

Property Features for 136 & 124 E Pagosa Street

General Information

Standard status Active
Size 19,165 SF
Property subtype Commercial/Industrial
Zoning multi-use

Financials

Asking Price $500,000
Business Included Yes

Additional Details

Currently Operating Yes

Taxes and HOA fees

Annual Taxes $15,279

Building Details

Year Built 1981
Listing Agency: EXIT Realty Home & Ranch
Listed By: Shelley Low · License CO EA40042042
Source: Exitrealty
Added: Feb 4, 2025 Changed: Nov 9 Last Checked: Nov 8 at 7:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT Realty Home & Ranch

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Investment Insights

Based on property information with market context.

This 12-unit commercial property was built in 1981 and is zoned for multi-use. The Malt Shoppe operates on the property, with its sale offered separately for an additional $500,000.

The property is in downtown Pagosa Springs, along the river and within walking distance of restaurants, hotels, and motels. The surrounding river draws visitors for rafting, inner-tubing, and fly fishing, while an ice skating rink is located up the road.

The commercial property measures 19,165 square feet and is located at 136 & 124 E Pagosa Street.

Key Highlights

  • 12‑unit commercial property with multi‑use zoning
  • 19,165‑square‑foot property along the river in downtown Pagosa Springs
  • Built in 1981

Property Analytics

Current Use

The River Center Shopping Center & Mall Pagosa Brokers Real ... Real Estate Agency Chocolate and Fudge Shoppe Food Processing Plant The Music Shoppe (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Plumbing Service Locksmith Bakery Grocery & Convenience Store Carpet & Flooring Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby
4k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 71% Hotels & Casinos 29%
The Junction Dining
3,173 visits/mo 0.3 miles
Quality Inn Hotels & Casinos
1,308 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial property offers multi-use zoning and a riverfront setting.
Where is this mixed-use property located?
The property is located at 136 & 124 E Pagosa Street Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 12‑unit commercial property with multi‑use zoning; 19,165‑square‑foot property along the river in downtown Pagosa Springs; Built in 1981
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