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Mixed-Use Building with Apartments
For Sale
$1,499,000

274 Pagosa, Pagosa Springs, CO 81147

Historic downtown property combines leased commercial space with two residential units.

Property Size5,675 SF
Price / SF$264.14
Days on Market8

Property Features for 274 Pagosa

General Information

Standard status Active
Size 5,675 SF
Property subtype Mixed Use
Zoning MU-TC

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $10,822

Amenities

Fully equipped commercial kitchen
brewery buildout
geothermal radiant heat
3
.29, Less than 1/2

Building Details

Year Built 1898
Buildings 1
Tenancy Multi
Listing Agency: Jann C Pitcher Real Estate
Listed By: Kalei Pitcher · License #FA40017624
Source: Xome
Added: Sep 2 Changed: Sep 8 Last Checked: Sep 8 at 2:40PM

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 Jann C Pitcher Real Estate

Investment Insights

Based on property information with market context.

Built in 1898, this 5,675-square-foot mixed-use property combines a restaurant, brewery/flex-space area, and two income-producing apartments. The commercial improvements include a fully equipped kitchen, brewery buildout, and geothermal radiant heating. The restaurant space is leased through October 2027, with a separate lease covering the brewery/flex-space component.

The property has Main Street frontage along Hwy 160 in the historic downtown core of Pagosa Springs. Mixed-Use Town Center (MU-TC) zoning supports restaurant, retail, office, or residential use, providing flexibility across the building’s commercial and residential components. The property is situated in a year-round tourist destination near the hot springs and Wolf Creek Ski Area.

Key Highlights

  • 5,675‑square‑foot mixed‑use property built in 1898
  • Two income‑producing apartments included
  • Restaurant lease runs through October 2027

Property Analytics

Current Use

Riff Raff Brewing ... Bar & Pub San Juan Vacation ... Hotel & Motel

Suggested Use

Top Pick Plumbing Service Locksmith Grocery & Convenience Store Bakery 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

2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

609
Businesses Nearby

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 Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic downtown property combines leased commercial space with two residential units.
Where is this mixed-use property located?
The property is located at 274 Pagosa Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 5,675‑square‑foot mixed‑use property built in 1898; Two income‑producing apartments included; Restaurant lease runs through October 2027
More about this property
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