191 East Pagosa Street

• Rare large acreage parcel with excellent Highway 160 frontage within the Town of Pagosa Springs
• Close proximity to world famous Pagosa Hot Springs
• First in town lodging opportunity when approaching from Wolf Creek Ski area
• Walking distance to nearby brewery, restaurant and retail sales.
• Flexible zoning which allows multiple use
• Potential opportunity to purchase 2.25 acres of adjacent flood plain land that could provide San Juan river access

Property Description

This is a mix of cabins and motel building that is prime for redevelopment. It is a 5.21 acre parcel with excellent frontage and visibility from HIghway 160 within the town limits of Pagosa Springs, a southern Colorado tourist town with winter and summer appeal. Excellent potential for new hotel/retail/ multi family residemtial development. Excellent interim income from the existing motel while obtaining entilements.