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Renovated 14-Room Boutique Motel
For Sale
$1,720,000

651 W US Hwy 160, Pagosa Springs, CO 81147

COMMERCIAL, Pagosa Springs, CO

Property Size6,964 SF
Lot Size3.48 Acres
Price / SF$246.98
Days on Market39

Property Features for 651 W US Hwy 160

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 9
Full bathrooms 9
Rooms Bathroom 1, Bathroom 8, Bathroom 7, Bathroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 9, Bathroom 5
Directions Located directly on Hwy 160 between uptown and downtown. Nearest cross street is 14th St closer to downtown.
Standard status Active
Size 6,964 SF
Lot size 3.48 Acres

Amenities

live music venue
event structure
RV hookups
mountain views
lawn games
volleyball
picnic spaces

Building Details

Year built 1961
Listing Agency: Jann C Pitcher Real Estate
Listed By: Kalei Pitcher
Added: Jul 18 Changed: Aug 19 Last Checked: Aug 25 at 8:06PM
MLS# 835010

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.

This 6,964-square-foot motel property occupies 3.48 acres at 651 W US Hwy 160 in Pagosa Springs. The improvements include 14 furnished rooms, a front office, restaurant and cocktail lounge, RV hookups, and a Quonset-style structure configured for events. The property was built in 1961 and has been renovated.

Outdoor areas include mountain views, gathering spaces, lawn games, volleyball, picnic areas, and event infrastructure. The site is located minutes from downtown Pagosa Springs and the area’s hot springs, with Wolf Creek Ski Area also identified in the surrounding context. An additional 3.5 acres is available for expansion.

Key Highlights

  • 14 furnished motel rooms within a renovated hospitality property
  • 6,964 square feet on 3.48 acres
  • Restaurant and cocktail lounge included

Property Analytics

Current Use

Motels

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby
Well-served
Demand for This Use

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
Rey
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Similar Off Market Nearby

  • Ravens Ridge 611 Big Sky Pl, Pagosa Springs, CO 81147

Frequently Asked Questions

What type of property is this?
Motel - Furnished lodging property with a restaurant, cocktail lounge, RV hookups, and flexible event space.
Where is this motel located?
The property is located at 651 W US Hwy 160 Pagosa Springs, CO.
What is the asking price?
The asking price for this property is $1,720,000.
What are key features of this property?
This property features: 14 furnished motel rooms within a renovated hospitality property; 6,964 square feet on 3.48 acres; Restaurant and cocktail lounge included
More about this property
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